During their talks in Hanoi on April 15, PM Pham Minh Chinh and his Ethiopian counterpart Abiy Ahmed Ali agreed to negotiate basic agreements and deals, particularly a free trade agreement, an agreement on investment facilitation and protection, a double taxation avoidance agreement, and a cooperation deal on cybersecurity and high-tech crime combat.

As of the end of 2024, Vietnam had 671 State-owned enterprises, with total asset value estimated at over VND5.6 quadrillion (over $216 billion).

Seven bilateral cooperation documents signed within the framework of General Secretary of the Communist Party of China (CPC) Central Committee and President of China Xi Jinping's State visit to Vietnam from April 14-15.

Key discussions focused on the scope and target subjects, the position and role of the private sector, tasks and solutions—particularly legal mechanisms and policies for private sector development.

Bilateral trade turnover between the two countries reached approximately $81.5 billion in 2024, reflecting a 7.3% increase compared to 2023.

Prime Minister Pham Minh Chinh meeting with top Chinese leader Xi Jinping in Hanoi on April 14.