December 13, 2023
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0:53Now PlayingChinese President Xi Jinping departed Vietnam on Wednesday after a two-day state visit to Hanoi aimed at shoring up Beijing's relationship with the southeast Asian nation. During the visit, Xi met with Communist Party General Secretary Nguyen Phu Trong and they announced that China and Vietnam would work toward a “community with a shared future,” in what was seen as a diplomatic concession by Vietnam to Beijing.
Vietnam has resisted using that phrase in the past but wanted to assuage Beijing's concerns after Vietnam designated both the U.S. and Japan as “comprehensive strategic partners" in recent months, a designation it uses for China.
Vietnam and China already have robust ties, but they also have significant points of difference, primarily over territorial claims over islands in the South China Sea. China has been Vietnam’s largest trading partner for several years, with a bilateral trade turnover of $175.6 billion in 2022. Imports from China, including crucial inputs for Vietnam’s manufacturing sector, make up 67%, according to Vietnam customs data cited by Vietnamese state media.
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