In 2024, direct investments from Chinese companies into Vietnam exceeded 2.5 billion U.S. dollars, maintaining a strong growth trajectory, according to a spokesperson from China’s Ministry of Commerce on Thursday.
Vietnam holds a significant position as a key destination for Chinese investments abroad, the spokesperson, He Yongqian, noted during a regular press briefing.
She highlighted that China and Vietnam have witnessed consistent and stable progress in their economic and trade ties in recent years.
China has remained Vietnam’s largest trading partner since 2004, while Vietnam became China’s top trading partner within ASEAN in 2016.
Trade between the two nations has surpassed 200 billion U.S. dollars annually for the past four years, reaching 260.65 billion in 2024 — a 13.5% increase from the previous year, the spokesperson said.
She added that China is committed to working with Vietnam to further elevate their economic and trade collaboration, aiming to bring greater benefits to the citizens of both countries.
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