Thang highlighted the robust growth of Vietnam–China relations, noting that China has been Vietnam’s largest trading partner for over 20 years, with trade reaching more than 200 billion USD in 2024. Vietnam is now China’s fourth-largest trading partner globally and its top partner in ASEAN.

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Deputy Minister of Industry and Trade Phan Thi Thang (left) and Zhang Min, Vice Governor of China’s Henan province (Photo: Ministry of Industry and Trade)

She proposed a series of initiatives to deepen cooperation, including signing a memorandum of understanding on trade and investment between the ministry and Henan, boosting information sharing, and attracting Henan's investments in electronics, electric vehicles, and e-commerce.

The Deputy Minister also encouraged Henan enterprises to participate in the Vietnam International Sourcing Expo in Ho Chi Minh City this September and called for stronger cooperation in rail logistics, cold chain systems, and agro-aquatic processing to meet China’s rising demands.

Vice Governor Zhang welcomed the proposals and presented Henan’s socio-economic progress and cooperation results with Vietnam.

She suggested establishing a Vietnam trade promotion office in Henan, while also expanding collaboration in logistics, EV production, e-commerce, and cultural-tourism exchanges.

She invited Vietnam’s Ministry of Industry and Trade to attend the China Henan International Investment and Trade Fair in late September.

Both sides agreed on practical measures to facilitate businesses and strengthen economic and trade cooperation, contributing to the broader Vietnam – China partnership.

Source: VNA