According to the Ministry of Industry and Trade, the total trade turnover between Vietnam and China reached more than 153 billion USD in the first six months of 2026. China remains Vietnam's largest import market, with turnover amounting to 115,2 billion USD, accounting for 40,7% of the country's total imports. Conversely, exports to China reached 37,9 billion USD, an increase of 30,2% compared to the same period.

As the scale of trade grows, businesses require more than just transporting goods across borders; their needs extend to payment solutions, foreign currency exchange, and cross-border cash flow management.

Lao Cai International Border Gate. Photo: Techcombank

In response to this demand, Techcombank has introduced a cny transaction solution specifically designed for businesses involved in import, export, and trade activities with China. This border trade payment solution allows businesses to conduct transactions for goods transported by road through Vietnam-China border gates. Additionally, they can receive or transfer funds for these border trade transactions directly at Techcombank.

This solution is being implemented as cross-border trade operations are increasingly digitized. At certain border gates in Lang Son and Quang Ninh, technology is being widely applied to management, logistics, and import-export procedures, which helps shorten goods processing times and accelerate trade flow.

With the digitalization of logistics and customs clearance, there is a growing need for faster and more seamless payment processing. The cny solution provides businesses with an additional option for direct payments with Chinese partners, enabling them to proactively manage foreign currency, cash flow, and transaction costs.

Businesses can conduct transactions at over ba Techcombank branches and utilize the Techcombank Business platform for their digital banking and financial management needs.

Techcombank currently offers cny exchange rate reductions of up to 45 points for eligible corporate clients. Furthermore, international transfer fees at the counter are waived until 31/12.

Techcombank offers exchange rate incentives of up to 45 points for businesses trading with China. Photo: Techcombank

Beyond cny transactions, businesses can also access Techcombank's other foreign currency, international payment, and capital solutions, subject to specific program conditions.

For import and export activities, financial needs often encompass more than just payments; they include foreign currency exchange, cash flow management, and working capital supplementation. The Techcombank Business platform enables businesses to perform digital banking transactions, monitor cash flow, and access various incentives related to foreign currency and international payments.

For businesses requiring capital to import raw materials or goods, or to expand exports, Techcombank offers tailored trade finance and credit solutions.

A bank representative noted that as Vietnam-China trade continues to expand and border gates and logistics become more digitized, the ability to control exchange rates, payment costs, and cash flow becomes a critical factor in transaction efficiency. Integrating the cny solution with foreign currency, international payment, and capital sources allows businesses to manage their financial needs more comprehensively across all trade operations.

Minh Ngoc

Readers can learn more about Techcombank's cny solution here.