Volume 1 • No.2 | December, 2017
Trade Relation between Vietnam and China
Le Tuan Loc
Abstract:
The research studies the trade relation between Vietnam and China for the period 2001-present to identify its characteristics and trends as well as propose policy recommendations for a greater efficiency in the Vietnam-China trade relation. Based on the comparative advantage theory and the trade relation assessment models, the study concludes that China remains Vietnam’s important trading partner. China’s major exports to Vietnam are manufactured products and raw materials, while Vietnam mainly exports agricultural-forestry-fishery products to China. It is suggested that Vietnam continues integration to expand export market, promote production, export manufactured products with high added value and comparative advantage, and develop supporting industries to reduce imports from China.
JEL classification: F13 . F15 . F41.
Citation: Le Tuan Loc (2017). Trade Relation between Vietnam and China. Banking Technology Review, Vol. 1, No. 2, pp. 153-170.