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Bangkok Post
Bangkok Post
Business

China, Vietnam sign 13 deals, and 1 stands to reshape economic relations

Vietnamese Communist Party chief Nguyen Phu Trong's visit to China from Sunday to Tuesday made him the first foreign leader to visit China since the 20th party congress in Beijing last month. His trip included a meeting with Chinese President Xi Jinping. (Reuters photo)

China and Vietnam, communist neighbours that both depend heavily on manufactured exports, have signed a deal to improve a crucial but recently frayed supply chain in a particular boost to the Vietnamese side.

Vietnam normally gets Chinese raw materials - the likes of wood and leather - to feed its factories. But the Southeast Asian nation is finding that lockdowns in China have disrupted those chains during the pandemic and delayed or stopped some shipments.

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