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Vietnam-China Agricultural Cooperation in a New Era: From Strategic Vision to a Sustainable and Prosperous Supply Chain
This constitutes a diplomatic event of paramount significance, aimed at concretizing high-level common understandings and further enriching the substance of the Vietnam-China Comprehensive Strategic Cooperative Partnership. Within this framework, agricultural cooperation is identified as a crucial pillar, contributing to sustainable development and delivering tangible benefits to the peoples of both nations.
Strategic Imprint and a Visionary Roadmap for Agricultural Collaboration
The State Visit unfolds against the backdrop of the finest phase of development in relations between the two Parties and two countries. It leaves a profound strategic imprint and bolsters high-level political trust, an essential prerequisite for substantive cooperation across all sectors.
Within the guiding framework of building a “China-Vietnam Community with a Shared Future of Strategic Significance,” agricultural collaboration is prioritized as a linchpin, playing a pivotal role in the deep economic integration of the two economies and the safeguarding of national food security.
This vision not only strives for balanced trade and sustainable regional development but also embodies the spirit of being “both comrades and brothers.” It serves as a solid foundation for translating practical commitments into reality and generating robust momentum for the agricultural value chain in this new era of development.
Agriculture: A Dynamic Pillar of Bilateral Trade
The strategic vision and shared perceptions of the two countries’ top leaders generate powerful momentum for promoting trade in agricultural, forestry, and fishery products, thereby highlighting the complementarity and comparative advantages of the two economies. Leveraging its abundant tropical agricultural resources, Vietnam is increasingly effective in meeting the diverse and high-quality demands of the Chinese market.
Currently, China remains Vietnam’s largest export market for agro-forestry-fishery products and a leading import partner. Reciprocally, Vietnam maintains its position as China’s largest trading partner within ASEAN. These outcomes clearly demonstrate the efficacy of trade promotion policies and the concerted efforts of both sides to facilitate customs clearance and market connectivity.
Impressive growth is substantiated by concrete figures: in 2024, bilateral trade in agricultural, forestry, and aquatic products reached US$17.8 billion (a 14.6% increase year-on-year); in 2025, total trade surged to US$20.94 billion (a 17.6% increase), with Vietnam’s exports to China reaching US$15.97 billion, a remarkable 41.1% jump compared to 2024.
These figures not only affirm the growing importance of Vietnamese agricultural products in the Chinese market but also indicate substantial potential to be harnessed through future cooperation. This provides a solid empirical foundation for both sides to continue fostering in-depth collaboration, striving to build a transparent, safe, and sustainable agricultural supply chain that better addresses the needs and expectations of consumers in both countries.
Realizing Commitments and Expanding Market Access
In implementing the common understandings reached by the high-ranking leaders of the two Parties and States, Vietnam’s Ministry of Agriculture and Environment and relevant Chinese agencies have coordinated closely to refine the legal framework, dismantle technical barriers, and broaden market access.
To date, the two sides have signed 33 Agreements and Protocols, establishing an increasingly synchronized and favorable legal corridor for the trade of agricultural, forestry, and aquatic products.
Consequently, efforts to expand the portfolio of exportable agricultural commodities have yielded significant positive results. Vietnam has standardized technical procedures for 15 fruit and vegetable export items, nine of which are key staples managed under Protocols. Notably, an additional five new Protocols were concluded in 2025 alone.
In the fisheries sector, China has licensed hundreds of Vietnamese establishments to participate in exports, contributing to an expansion in both scale and product diversity.
Currently, both sides are actively advancing negotiations to open markets for numerous promising products. Concurrently, trade and investment promotion activities during the visit are expected to play a vital role in transforming high-level commitments into concrete outcomes, steering agricultural trade toward stable, sustainable, and efficient development.
Standardizing Production Processes to Align with International Benchmarks
To meet the increasingly stringent quarantine and food safety requirements of the Chinese market and other international destinations, Vietnam’s agricultural sector is accelerating production restructuring in tandem with quality standardization. This represents a strategic pivot, shifting the development paradigm from a focus on “quantity” to one prioritizing “quality and value.”
Vietnam’s Ministry of Agriculture and Environment is concentrating efforts on establishing and strictly managing a system of planting area codes and packaging facility codes to ensure transparent traceability. Simultaneously, full compliance with food safety regulations, particularly Orders 248 and 249 of the General Administration of Customs of China, has become a mandatory requirement for exporting enterprises.
These endeavors not only help sustain and expand access to the Chinese market but also lay the groundwork for Vietnamese agricultural products to integrate more deeply into global value chains.
Strengthening Investment and Forging a Modern Agricultural Supply Chain in Vietnam
Attracting investment, particularly Foreign Direct Investment (FDI), is emerging as a key priority in Vietnam-China agricultural cooperation. Vietnam is steadily enhancing its transparent and open investment climate, offering a host of competitive advantages: (i) Locational and Raw Material Advantages: Abundant and stable agricultural inputs, coupled with an increasingly efficient logistics system, exemplified by the “smart border gate” model, optimize transit times and costs; (ii) Attractive Incentive Policies: Projects in high-tech agriculture, deep processing, and green agriculture benefit from preferential corporate income tax rates and favorable land policies; (iii) Gateway to Global Markets: With a network of over 16 Free Trade Agreements (FTAs), Vietnam stands as a strategic investment destination, enabling Chinese enterprises to capitalize on opportunities to expand exports to major markets under preferential terms. Notably, investment cooperation in cold chain logistics infrastructure and post-harvest preservation technology is anticipated to be a critical factor in reducing losses, enhancing value addition, and bolstering the competitiveness of agricultural products from both nations.
The State Visit of Vietnam’s General Secretary and President To Lam to China is set to generate significant political momentum, propelling bilateral cooperation into a new phase of development. With strategic consensus from the highest levels of leadership and the active engagement of regulatory agencies and the business community, a modern and sustainable Vietnam-China agricultural supply chain is gradually taking shape, promising to elevate value addition, spur economic growth, and contribute to the overall stability and prosperity of the region.
Hashtag: #MAE
The issuer is solely responsible for the content of this announcement.
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Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market
As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.
SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.
Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace
https://www.coworkspace.com.sg/
CoWorkSpace Serviced Office.
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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High
In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.
In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.
Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.
- This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.
Hashtag: #JOYY
The issuer is solely responsible for the content of this announcement.
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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission
This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”
As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
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