TAILIEUCHUNG - Trade relation between Vietnam and China

The research studies the trade relation between Vietnam and China for the period 2001-present to identify its characteristics and trends as well as propose policy recommendations for a greater efficiency in the Vietnam-China trade relation. Based on the comparative advantage theory and the trade relation assessment models, the study concludes that China remains Vietnam’s important trading partner. | LE TUAN LOC Trade Relation between Vietnam and China Le Tuan Loe111 Received 18 July 2017 Revised 12 December 2017 Accepted 20 December 2017 Abstract The research studies the trade relation between Vietnam and China for the period 2001-present to identify its characteristics and trends as well as propose policy recommendations for a greater efficiency in the Vietnam-China trade relation. Based on the comparative advantage theory and the trade relation assessment models the study concludes that China remains Vietnam s important trading partner. China s major exports to Vietnam are manufactured products and raw materials while Vietnam mainly exports agricultural-forestry-fishery products to China. It is suggested that Vietnam continues integration to expand export market promote production export manufactured products with high added value and comparative advantage and develop supporting industries to reduce imports from China. Keywords comparative advantage trade relation Vietnam and China. JEL Classifieation F13 . F15 . F41. Citation Le Tuan Loc 2017 . Trade Relation between Vietnam and China. Banking Technology Review Vol 1 pp. 153-170. K Le Tuan Loe - Email loclt@. 1 University of Economics and Law Vietnam National University - HCMC Quarter 3 Linh Xuan Ward Thu Duc District Ho Chi Minh City. Volume 1 149-292 December 2017 BANKING TECHNOLOGY REVIEW 153 TRADE RELATION BETWEEN VIETNAM AND CHINA 1. Introduction China and Vietnam have a longstanding economic relationship. Since the 1990s there have been more than 50 agreements on or related to economy many state-level and international trade agreements signed between two countries. China is one of Vietnam s biggest trade partners with increasing two-way trade turnover. If in the first 10 years after normalization of diplomatic relation 1991-2001 Vietnam s export turnover to China was much smaller than China s to Vietnam since 2001 Vietnam s exports to China have seen a positive change with the .

• Kinh tế học
• Comparative advantage
• Trade relation
• Policy recommendations
• Vietnam China trade relation
• China remains Vietnam’s important trading partner
• Journa science
• International journal of financial research
• Revealed comparative advantage
• Factor endowments
• Patterns and dynamics
• Vietnam’s revealed comparative advantage
• Export specialization
• Paper takes investigatio
• Crop water requirement
• Water productivity
• Comparative advantage of crop production
• Highest crop water requirement
• Principles of economics
• Lecture Principles of economics
• Market imperfections
• The international economy
• Principle of comparative advantage
• Principles of micro
• Thinking like an economist
• Perfectly competitive supply
• The invisible hand
• Economic efficiency
• Government price setting
• Financial information
• Multinational firms
• Principles of microeconomics
• Lecture Principles of microeconomics
• Labour markets
• Production possibilities
• Domestic resource cost
• Coffee production
• Coffee production in Lam Ha district
• Domestic resource cost approach
• Lecture International Economics
• Bài giảng Kinh tế quốc tế
• Foundations of modern trade theory
• Trading under constant cost
• Sources of Comparative Advantage
• Increasing returns trade theory
• External economies of scale
• Modern principles of economics
• Trade advantage
• The price system
• Price discrimination
• Labor markets
• Competing for monopoly
• Surveys of economic theory
• Surveys of economic theory (Volume II)
• The pure theory of international trade
• Marginal productivity criteria
• Theorems in comparative statics
• Lecture Business
• Human resource advantage
• Operations management
• Financial management
• International business
• The gains from trade
• Absolute advantage
• Absolute advantage
• Economics social issues
• Economic thinking
• International trade
• International trade of goods
• Lecture Microeconomics
• Bài giảng Kinh tế vi mô
• economic system
• global finance