Vietnam and China have pledged to solve their sea related disputes in accordance with a new agreement and international laws.
The agreement was reached at a Monday meeting in Hanoi between foreign ministry officials of both countries.
A formal agreement that outlines basic rules for solving marine disputes will be signed soon, officials said.
Vietnam's Deputy Minister of Foreign Affairs Ho Xuan Son and his Chinese counterpart Zhang Zhijun also agreed to speed up the signing of an agreement allowing the two countries' boats to travel freely in the Bac Luan River estuary.
The river lies between the provinces of Quang Ninh in Vietnam and Guangxi in China.
Another agreement on tourism development cooperation at the Ban Gioc Waterfall, located on the two countries' border, is also expected to be signed soon.
The two officials agreed that Vietnam and China on implementing a five year cooperation program in economics, and improve their cooperation in other fields like politics and media as well.
Zhang also met with Prime Minister Nguyen Tan Dung the next day in the capital. Dung reiterated the need for resolving border and territory-related problems between the two countries on the basis of negotiations.
He also asked China to make it easier for Vietnamese goods to enter its market and increase Chinese investment in Vietnam.