Vietnam, China boast great potential for border economic cooperation: Minister
Sharing nearly 400km land border crossing seven northern localities of Vietnam, Vietnam and China has great advantages to promote partnership in economy, especially border economy, according to Minister of Industry and Trade Nguyen Hong Dien.
Hanoi (VNA) – Sharing nearly 400km land bordercrossing seven northern localities of Vietnam, Vietnam and China has great advantagesto promote partnership in economy, especially border economy, according to Ministerof Industry and Trade Nguyen Hong Dien.
China has been the biggest trade partners ofVietnam for many years, with two-way trade accounting for one fourth of Vietnam's total import-exportturnover with the world, while Vietnam is China’s sixth largest partner ofChina in the world and largest among ASEAN countries, noted Dien at a recentconference on boosting trade between northern localities and China.
At the conference, representatives from seven northernlocalities of Vietnam, namely Cao Bang, Dien Bien, Ha Giang, Lao Cai, Lai Chau,Lang Son and Quang Ninh, highlighted achievements in trade and investmentcooperation in the border areas, while pointing out shortcomings and proposingsolutions to promote trade with China.
The minister underlined the need to upgrade the infrastructuresystem, including digital infrastructure, serving border economic development, asking localities to promptlyreview, adjust and completing their development masterplans, land use plan and bordersocio-economic investment plans.
He urged localities and sectors to speed up the regionalplanning, especially transport planning, with attention paid to internationaltransportation between border provinces.
At the same time, he reminded localities nationwide, especiallythose along the border, to review and re-design their planning of farmingareas as well as production and processing plans in alignment with the project on export via official channels.
The minister suggested that the Ministry of Agriculture andRural Development speed up negotiations with the Chinese side for a protocol onanimal and plant quarantine for agricultural products of Vietnam's strengths, aswell as for new import codes for Vietnamese agricultural products.
The General Department of Vietnam Customs should coordinatewith border localities to build smart border gates and strengthen technologyapplication in import-export activities to improve customs clearance capacity./.
Deputy Minister of Public Security Sen. Lieut. Gen. Tran Quoc To hosted a reception in Hanoi on December 1 for Vice Secretary of the Political and Legal Affairs Commission of the Communist Party of China (CPC) Central Committe Yang Chunlei.
Secretary of the Communist Party of Vietnam (CPV) Central Committee and head of its Commission for External Relations Le Hoai Trung met with Politburo member, Director of the Communist Party of China Central Committee’s Foreign Affairs Commission Office and Minister of Foreign Affairs Wang Yi in Hanoi on December 2.
The upcoming State visit to Vietnam by General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping from December 12 to 13 will contribute to deepening the bilateral cooperation framework for a long-term future of relationship between the two countries, said Permanent Deputy Foreign Minister Nguyen Minh Vu.
The upcoming state visit to Vietnam by General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping from December 12-13 has prompted Vietnamese experts and researchers to forecast the trip will create new momentum for the bilateral relations.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
An overview of the conference (Photo: MoIT) 
