The invention discloses health-care vinegar containing red dates and fructus lycii and a production method of the health-care vinegar. The health-care vinegar is produced by the red dates, the fructuslycii, high fructose corn syrup, citric acid, D-sodium erythorbate, compound pectinase, a leavening agent, acetic acid bacteria and drinking water. The production method includes: sorting the red dates, washing, drying, crushing, pre-cooking, pulping, regulating components, performing alcoholic fermentation, separating, performing acetic fermentation, sterilizing, clarifying, filtering and filling. The health-care vinegar has functions of delaying aging, enhancing body immunity, inhibiting tumor, nourishing and protecting the liver, promoting digestion and preventing cardiovascular and cerebrovascular diseases. The production method is capable of shortening production cycle, saving energy, sufficiently keeping the effective components of the fructus lycii and the red dates and greatly increasing raw material utilization rate.