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Of course， China's relations with its southern neighbor go well beyond their maritime divergence.


The two countries have in the past witnessed promising economic and trade ties. Last year， bilateral trade has hit a new high， making China Vietnam's biggest trading partner for 12 consecutive years.


According to the director of Bank of China's Ho Chi Minh City Branch， two-way trade will surpass 100 billion U.S. dollars this year， and Vietnam will overtake Malaysia to become China's biggest trading partner in Southeast Asia.


As Hanoi is determined to transform the country into a more industrialized economy， China can be of great source of assistance and investment along the path.


Moreover， China and Vietnam have great potential in pragmatic cooperation.


China's Belt and Road Initiative dovetails well with Vietnam's ""Two Corridors and One Economic Circle"" plan. It is expected that once coordination begins， the two proposals will bring more real benefits to both nations and their peoples.



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