VOV.VN - The total trade value between Vietnam and China over the past 10 months reached US$168.5 billion, and the figure is expected to rise to US$200 billion by the end of the year, reported by the General Statistics Office (GSO).

The upcoming official visit to Vietnam by Chinese Premier Li Qiang is expected to create more opportunities for expanding economic, trade, and investment cooperation between the two nations, according to experts.

Minister of Industry and Trade Nguyen Hong Dien has called on China to foster investment cooperation with Vietnam, given the country’s favourable geographical location and signing and negotiations of various free trade agreements that China could capitalise on.

Minister of Industry and Trade Nguyen Hong Dien had a working session with China's Minister of Industry and Information Technology Jin Zhuanglong in Beijing on September 30 as part of the Vietnamese official’s trip to China for the 13th meeting of the Vietnam-China Committee for Economic and Trade Cooperation.

Minister of Industry and Trade Nguyen Hong Dien and Chinese Minister of Commerce Wang Wentao co-chaired the 13th session of the Vietnam-China Economic and Trade Cooperation Committee in China on September 29.

A conference on promoting trade between Vietnam and China in the field of digital commerce was held in Hangzhou, China’s Zhejiang province, on September 26, as part of the third Global Digital Trade Expo (GDTE 2024).

The import-export turnover between Vietnam and China reached nearly US$130.8 billion in the first eight months of this year, according to the latest statistics from the General Department of Customs.

The import - export turnover between Vietnam and China is predicted to approximate and even exceed US$200 billion in 2024, driven by strong trade improvement in the first half of the year.

Exporters should further strengthen trade connections and improve the quality of their goods to sustain export growth to China as this is no longer a "lenient" market, said insiders.

VOV.VN - China has long been Vietnam’s top trading partner, with bilateral trade soaring to approximately US$172 billion by 2023, while the Vietnamese side claims the title of being China's largest trading partner within ASEAN and fifth in the world overall.