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Abstract

The Sino-Vietnamese relation after normalization in November 1991 has developed well in all aspects, especially in their trading relation where the growth rate has exceeded all expectations. This is an encouraging result in this relation. In the trading relation with China in 1991-2000, Vietnam enjoyed some trade surplus, but from 2001 on, Vietnam suffered increasing trade gap at a high speed in spite of interventions from both governments. This situation make Vietnam’s trade gap wider affecting unfavorably its sustainable development in its modernization and industrialization. Vietnam should take measure to reduce this trade gap in the relation with China as soon as possible.

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