China and Vietnam have maintained deep political, economic and cultural ties. For instance, China has been Vietnam’s largest trading partner and a major source of foreign direct investment. Despite COVID-19 disruptions, their bilateral trade continued to grow and reached $230.2 billion in 2021. Culturally, the two countries share deep roots and cultural affinities which boosted the sales of consumer goods in Vietnam. As an example, Chinese smartphone brands such as Oppo, Xiaomi, and Vivo have dominated the mid-range priced phone segment in Vietnam for years.
In this report, you will find:
- Where in Vietnam are Chinese investing
- Case study on Vietnam’s smartphone industry and OPPO
- Vietnamese’s general perception of China
Download Vietnam x China business relations report excerpt
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