China’s Xi Jinping in Vietnam to promote bilateral relations

Global Business

HANOI, Nov. 5, 2015 (Xinhua) — Chinese President Xi Jinping (L), who is also general secretary of the Communist Party of China (CPC) Central Committee, shakes hands with Vietnamese Prime Minister Nguyen Tan Dung in Hanoi, Vietnam, Nov. 5, 2015.(Xinhua/Lan Hongguang)

On Thursday afternoon, a welcome ceremony was held for visiting President Xi Jinping in Hanoi, the capital of Vietnam, marking the beginning of his historic two-day state visit to the country.

This is Xi’s first visit to Vietnam as Chinese President and General Secretary of the Communist Party of China (CPC). The visit comes at a time when the two countries are celebrating the 65th anniversary of the establishment of diplomatic relations.

During his stay, Xi will meet with many top leaders of Vietnam, including Nguyen Phu Trong, General Secretary of Communist Party of Vietnam and Vietnamese President Truong Tan Sang, Prime Minister Nguyen Tan Dung as well as and National Assembly Chairman Nguyen Sinh Hung, to discuss the future course of bilateral relations between the two nations.

Xi will also address the Vietnamese parliament on how to further promote China-Vietnam relations.

The two sides are expected to sign a host of agreements on areas such as party-to-party cooperation, infrastructure, economy, trade, investment, culture and education.

Vietnam is the first leg of Xi’s two-nation Asia tour, which will also take him to Singapore on Friday.

More details:

  • China has been Vietnam’s largest trading partner for 11 consecutive years, while Vietnam is now China’s second-biggest trading partner in Southeast Asia.
  • Bilateral trade revenue reached $83.6 billion in 2014, 11 times what it was in 2003.
  • That momentum is continuing this year with a dramatic growth of 16.6 percent within in the first six months.

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Business booming at the China-Vietnam border

China has been Vietnam’s biggest trade partner for the past 11 years, and business people from both countries are beneficiaries of these strengthening ties.

Dongxing, the border city of the Guangxi Zhuang Autonomous Region, is the gateway between China and Vietnam, around 15,000 people pass through the area each day.

“Walking on the busiest street in Dongxing, you can hear a lot of business people from both countries talking in each other’s language,” said CCTV’s He Weiwei.

The trading street is only a few hundred meters long, yet it brings endless prosperity to the city and opportunities for businesses around. As China and Vietnam pursue closer relations, real benefits are tangible for both sides.

CCTV’s He Weiwei reports from Guangxi Zhuang Autonomous Region.

Business booming at the China-Vietnam border

Business booming at the China-Vietnam border

China has been Vietnam's biggest trade partner for the past 11 years, and business people from both countries are beneficiaries of these strengthening ties. CCTV's He Weiwei reports from Guangxi Zhuang Autonomous Region.


Marc Mealy on China-Vietnam economic ties

CCTV America’s Phillip TK Yin spoke to Marc Mealy. He is the Vice President-Policy at the U.S.-ASEAN Business Council.

Marc Mealy on China-Vietnam economic ties

Marc Mealy on China-Vietnam economic ties

For more on China-Vietnam economic ties, CCTV America's Phillip TK Yin spoke to Marc Mealy. He is the Vice President-Policy at the US-ASEAN Business Council.