Firms advised to sign contracts in transactions with Chinese partners
Any transactions with Chinese businesses should be conducted via contracts in line with international trade practice, heard a conference in the Mekong Delta province of An Giang on May 8.
An Giang (VNA) – Any transactionswith Chinese businesses should be conducted via contracts in line withinternational trade practice, heard a conference in the Mekong Delta provinceof An Giang on May 8.
The warning was given by Dao Viet Anh,Vietnam’s Commercial Counselor in China, who suggested Vietnamese busniessesconsult commercial affairs offices and trade promotion agencies in both Vietnamand China to seek suitable and prestigious partners.
They should study China’s export-importregulations, especially those regarding food, farm produce and seafood, hesaid.
To gain a firm foothold in the Chinesemarket, it is necessary to improve product quality and packaging, develop brandnames, learn about local people’s taste and step up trade promotion activities,Anh said.
Nguyen Hong Quang, Deputy Director ofthe Centre for Trade and Investment Promotion of An Giang province, said Chinahas made changes in policies towards exports through official channels, whichoffer tax incentives but tighten regulations on product quality and origin.
Besides, Vietnamese farm produce andseafood exported to China are facing fierce competition with those from otherASEAN countries, the Vietnamese Trade Office in China warned.
Moreover, Vietnamese exporters lackinformation about the market, partners and policies of China, it added.
China is now Vietnam’s largest tradepartner, with bilateral trade value growing about 20 percent annually.
In 2018, Vietnam’s exports to China hit63.9 billion USD, up 27 percent year-on-year, of which An Giang contributed 840million USD, up 2.43 percent.-VNA
China is current the biggest market for Vietnamese agricultural products, but its demand for fruits and vegetables is still growing, offering a chance for Vietnamese firms to boost even stronger shipments to this country.
Vietnam’s export of tuna to China rocketed by 771 percent in the first two months of this year, making the market the fifth largest importer of Vietnamese tuna after the US, the EU, Israel and the ASEAN, said the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnamese businesses and farmers face various challenges in exporting farm produce to China, which is shifting from unofficial channels to official ones.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Rice packaging for exports (Photo: VNA) 
