China and Vietnam signed agreements that include proposals for more road access between Vietnam and Western China. The two nations aim at increasing tow way trade to $25 billion by the end of next year through enhancing tourism and investment activities.

The two way trade between Vietnam and China will reach $21 billion by the end of this year. China's shipments to Vietnam are anticipated to record $16.5 billion which is 8.5% more than last year's shipments, while exports from Vietnam to China are expected to reach $5 billion this year compared with $4.5 billion last year.