Business

Greater efforts needed to open up new opportunities in Vietnam-China trade

There remained big challenges in Vietnam's exports to China, as the market has been and will continue to impose higher requirements on both export and import standards, said Tran Quang Huy, Director of the Ministry of Industry and Trade’s Asia-Africa Market Department.
Greater efforts needed to open up new opportunities in Vietnam-China trade ảnh 1The fruit-laden truck arrived at the Tan Thanh border gate area in Lang Son province. (Photo: VNA)
Hanoi (VNA) – There remained big challenges in Vietnam's exports to China, as the market has been andwill continue to impose higher requirements on both export and import standards, said Tran Quang Huy, Director of the Ministry of Industry and Trade’sAsia-Africa Market Department.

According to the department, the bilateral trade reached 175.6billion USD in 2022, accounting for approximately 24% of Vietnam's totalimport-export turnover. In the first five months of this year, the two-way trade valuehit 61.5 billion USD, an annual decrease of 14.5%. It is worth noting thatVietnam's exports to and imports from China account for 15% and 32.8% of its respectivetotal figures with the world.

Minister of Industry and Trade Nguyen Hong Dien said Chinais no longer an easy market as before, and that this big economy have been still exporting many products. Chinese exports are quite similar to those fromVietnam, posing both advantages and challenges for Vietnamese goods, henoted.

For better exports to the market, the minister advisedbusinesses to adapt their production methods towards safety and specificstandards, and ensure that their cultivation processes meet traceability requirements.

A representative of the Vietnam Trade Office in China has proposed enterprises further enhance the quality of goods, strictly implement measures for foodsafety inspections, adhere to packaging regulations, and improve thecompetitiveness of their products. Improving packaging designs to better suitthe market’s consumer preferences is also necessary.

Le Quang Trung, Vice Chairman of the Vietnam LogisticsService Business Association, recommended relevant ministries and sectors to considerestablishing a customs clearance centre at Vietnam-China border gates to quicklyaddress any arising issues in the process. Additionally, streamliningadministrative procedures between their customs authorities will help shortenthe clearance time and expedite the flow of goods, he added.

Given the situation, Prime Minister Pham Minh Chinh’s ongoingofficial visit to China from June 25 to 28 is expected to further strengthen,expand, and enhance the effectiveness of the countries’ relationship acrossfields, particularly economy and trade./.
VNA
#Vietnam's exports to China #Vietnam-China trade #Pham Minh Chinh #visit to China #vietnam #vietnam news agency #vietnamplis China Vietnam
Follow VietnamPlus

Related News

See more

The Vietnamese delegation attends the conference. (Photo: VNA)

Vietnam announces priorities for APEC Finance Ministers’ Process 2027

The priorities are strengthening capital markets to mobilise private capital for innovative businesses, promoting data-driven finance to improve access to capital for micro, small and medium-sized enterprises (MSMEs), diversifying financial resources for development, and enhancing the capacity of young people in the financial sector.

The seminar marking 30 years of Vietnam’s securities industry in Hanoi on October 21 (Photo: VNA)

Vietnam steps up stock market reforms following FTSE Russell upgrade

As of September 30, 2026, the stock market’s capitalisation reached 10.3 quadrillion VND (398.2 billion USD), equivalent to 80.2% of estimated GDP in 2025. The number of investor accounts rose from around 3,000 in 2000 to nearly 14.1 million or 13.8% of the population at the end of September 2026, exceeding the target of 11 million accounts by 2030.

In the first eight months of 2026, Vietnam-Belgium trade increases 4.7% year-on-year to 3.1 billion USD. (Illustrative photo: VNA)

Vietnam, Belgium expand cooperation, tap trade, investment potential

The official visit to Belgium by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam is expected to provide fresh impetus for cooperation in trade, investment, science and technology, innovation, high-quality human resources training, logistics and green growth.

A view of the World Trade Center Binh Duong New City in Binh Duong ward, North of Ho Chi Minh City. (Photo courtesy of the WTC BDNC)

Vietnam to host the 2027 WTCA Global Business Forum

By hosting the 2027 WTCA GBF, Vietnam will strengthen its position as a preferred destination for diversified manufacturing, and will allow it to develop further the technology, skills and industrial ecosystems required for its next stage of growth.

Minister of Finance Ngo Van Tuan (left) and Erin Browne, US Under Secretary of the Treasury for International Affairs, at their meeting in Hong Kong (China) on October 20, 2026. (Photo: Ministry of Finance)

Vietnam, US seek to promote financial cooperation

Erin Browne, US Under Secretary of the Treasury for International Affairs, spoke highly of Vietnam’s proposed priorities and affirmed that the US Department of the Treasury stands ready to work closely with Vietnam to translate them into detailed action plans.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam, Danish King Frederik X and delegates at the Vietnam–Denmark Business Forum in Copenhagen on October 20. (Photo: VNA)

Top Vietnamese leader attends Vietnam–Denmark Business Forum

The Vietnamese leader stressed that Vietnam seeks not only investment capital but also advanced technologies, expertise, modern management practices, research and development (R&D), high-quality human resources and stronger links between foreign investors and domestic businesses. He called on Danish enterprises to contribute their experience, resources and reputation to these efforts.

Unloading imported containers from China, transported by the vessel BBG Nan Ning Bo Run, at Can Tho Port (Photo: VNA)

New market opportunities for businesses to make breakthroughs

The Politburo’s Resolution No. 27-NQ/TW, dated August 28, 2026, on regional development and the organisation of national development space in the new period is seen as a fundamental solution to this problem. By reorganising economic space around functional areas and development corridors, the resolution opens up opportunities to restructure supply chains, ease logistics costs and create fresh momentum for substantive breakthroughs across the business community.

Vinh Long Business Association and HKBAV sign a MoU on cooperation (Photo: VNA)

Tay Ninh, Vinh Long court stronger partnerships with China's Hong Kong

Tay Ninh and Vinh Long each have distinct strengths and opportunities, while Hong Kong offers international connectivity, financial capacity, logistics capabilities and professional services. Pairing them would open practical opportunities in trade, investment, food processing, infrastructure and supply chains.