🚀 Vietnam and China are doubling down on collaboration, not competition—and tech is at the heart of this growing bond. Van Duc Phu, a Vietnamese Ministry of Finance official, reaffirmed the strategic partnership in a recent interview, highlighting China’s role as a “vital” ally. “We’ve seen incredible results from working together,” he told CGTN, adding that Chinese tech investments could supercharge Vietnam’s innovation economy.
💡 With sectors like renewable energy, AI, and manufacturing booming in both countries, Phu emphasized that cross-border cooperation is a win-win. “Bringing advanced technologies to Vietnam creates opportunities for shared growth,” he said. Analysts note that Chinese investments in Vietnam rose 18% last year, with joint ventures powering everything from smart factories to e-commerce platforms.
🌱 The partnership isn’t just about economics—it’s shaping Southeast Asia’s future. As young entrepreneurs and startups in Hanoi and Ho Chi Minh City embrace digital trends, closer ties with China could turn the region into a global tech hotspot. For now, the message is clear: Collaboration beats rivalry every time. 💬✨
Reference(s):
China and Vietnam have no competition: Vietnamese govt. official
cgtn.com