An oriental food takeout box and plate assembly and method of folding provides a unitary body, which is interchangeable between a planar eating surface configuration and a takeout box configuration along a folding and unfolding path. The takeout box configuration is defined by two opposing side faces with each side face forming at least one side container aperture, two opposing lateral faces, an enclosed bottom face, an inner upper face opposing the enclosed bottom face and defining two parallel spaced-apart slits forming a loop, and an outer upper face defining a loop aperture with the loop protruding therethrough. At least one utensil passes through the loop to fasten the outer upper face to inner upper face, so as to retain the unitary body in the takeout box configuration. Side container apertures form in the side faces to retain side containers that contains a condiment for consuming with the oriental food.