Zhejiang Export Fair kicks off in HCM City
The 3rd Zhejiang Export Fair opened on May 16 in Ho Chi Minh City with the participation of 114 businesses from the Chinese province of Zhejiang.
The 3-day fair aims to boost economic and trade ties between Vietnam and Zhejiang, which is the biggest economy in China.
The participants are among China’s top 500 businesses with outstanding trademarks such as Deyi, Aokang, Tianxi and Longyuansifang.
They are showcasing machinery; electronics; construction materials; products made from gold, silver, copper, iron and tin; textiles and garments; and decorative materials in 150 booths.
In 2012, Zhejiang-Vietnam two-way trade reached US$3.45 billion. The Chinese province exported textile fabric, garments, steel and pharmaceuticals to Vietnam while importing textile fabric, apparels, crude oil, rubber latex and raw plastic products.
In the same year, Vietnam funded 24 projects in the province with a total capital of US$22 million. Zhejiang had 164 projects worth US$450.4 million in the country.