Premier, in meeting with counterpart, says countries have much in common

China and Vietnam should gear up synergies in their development strategies, increase the total volume of two-way trade and promote a balance of trade, Premier Li Keqiang said in a meeting on Monday in the Philippines with Vietnamese Prime Minister Nguyen Xuan Phuc. The two spoke on the sidelines of a series of leaders' meetings on cooperation in East Asia.

China has been Vietnam's largest trading partner over the past 13 years. Bilateral trade last year was valued at nearly $100 billion.