Vietnam and China discussed aid for Vietnam as well as future bilateral and multilateral economic and trade cooperation at the seventh session of the Vietnam-China Committee for Economic and Trade Cooperation in Hanoi on April 19.

The two sides informed each other of the development of trade cooperation since the sixth session. Two-way trade exceeded 27 billion USD in 2010, higher than the planned target of 25 billion USD set by the two countries’ leaders.

The two sides reached agreement in areas of mutual concern, such as the imbalance of trade between the two countries, border economic cooperation, the establishment of a mechanism for the exchange of information and experience between the two countries’ relevant agencies and China's preferential credits for Vietnam's projects in infrastructure, transport, healthcare and personnel training.

Visiting Chinese Vice Minister of Commerce Jiang Zengwei attended the event./.