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https://doi.org/10.62836/emi.v4i4.477
Thanh Tuyen Vu, & Junyan Liu. (2025). An Analysis of the Impact of RCEP on China–Vietnam Bilateral Trade. Economics & Management Information, 1–11. https://doi.org/10.62836/emi.v4i4.477
Volume 4, Issue 4, August 2025
Copyright (c) 2025 Thanh Tuyen Vu, Junyan Liu
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This work is licensed under a Creative Commons Attribution 4.0 International License.

An Analysis of the Impact of RCEP on China–Vietnam Bilateral Trade

China and Vietnam have maintained a long-standing trade partnership, which has grown even closer since the implementation of the RCEP agreement. This paper analyzes the development and structural changes in China–Vietnam bilateral trade from 2019 to 2024. The study draws on authoritative data from sources such as China Customs, UN Comtrade, and Vietnam Customs, and employs the TCD and RCA indices to evaluate the competitiveness and complementarity of the two countries in key commodity sectors. The results indicate that RCEP has had a positive impact on bilateral trade; however, the findings also highlight Vietnam’s delayed structural adjustments and its heavy reliance on China’s supply chain. Finally, the paper proposes recommendations for both governments and enterprises to address issues of competition and trade deficits, promote sustainable bilateral trade development, and fully leverage the advantages offered by RCEP.

RCEP China Vietnam bilateral trade

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Supporting Agencies

  1. Funding: This research received no specific grant from any funding agency in the public, commercial, or not-for-profit sectors.