Research on the Potential Impact of RCEP on China Vietnam Import and Export Trade under the Background of Big Data

With the continuous development of social economy, information science and technology have been improved and innovated to some extent, and big data technology has emerged. Due to its high advantages, this technology has been widely used in various fields, especially for international economy and trade. Vietnam is an important member of China’s Belt and Road cooperation countries. Vietnam has a natural advantage in launching trade with China. Since Vietnam announced its accession to "The Belt and Road" initiative, trade volume has been growing rapidly. As one of ASEAN members, Vietnam has played a significant role in bridge. The RCEP agreement signed in December 2020 has made a qualitative leap in Sino Vietnamese trade relations. This paper discusses the bilateral trade between China and Vietnam under the RCEP agreement. This paper mainly uses regression analysis method to study the impact of policy on bilateral trade index. This method has simple data collection and no specific requirements for data selection. It analyzes the changes of trade volume and trade structure in recent years from the perspective of Sino Vietnam bilateral trade. The purpose of the research is to solve the main problems by analyzing the current situation of China Vietnam trade,finds out the problems hindering bilateral trade and puts forward suggestions based on RCEP to promote the rapid development of China Vietnam trade.