China and Vietnam Sign Agreements to Strengthen Economic and Defense Ties

The two nations have committed to expanding cross-border infrastructure and cooperation while addressing maritime tensions.

Chinese Premier Li Qiang and Vietnamese President To Lam have agreed to enhance high-quality cooperation in economic and defense sectors.
Ten new agreements were signed, including plans to expand railway links and cross-border payment services using QR codes.
China is Vietnam's largest trade partner, and both countries aim to boost trade by facilitating Chinese investment and market access for Vietnamese products.
The leaders discussed managing maritime disputes in the South China Sea, where tensions have recently escalated.
Vietnam supports China's Belt and Road Initiative and seeks to strengthen multilateral coordination for regional peace and prosperity.