CAEXPO, hosted annually by China, will take place from September 11-14 in Nanning city, Guangxi, China. It has contributed significantly to the trade exchanges between China and ASEAN as well as among ASEAN nations over the past years.
This year, Vietnam, as the rotational honorary country at the CAEXPO 2016, will join host China in chairing various activities marking the 25th founding anniversary of the ASEAN-China dialogue relationship.
Addressing the opening ceremony, PM Phuc hailed the Ministry of Industry and Trade (MoIT)’s thorough preparations, assisting participating Vietnamese enterprises in showcasing their products and joining trade exchange activities.
The PM expressed his hope that the firms will expand their markets in ASEAN nations and China, thus contributing to domestic production and promoting exports.
According to the Vietnam Trade Promotion Agency under the MoIT, this year, Vietnam has the biggest number of businesses to CAEXPO among the 10 ASEAN nations, with 237 booths, covering over 5,000 square metres.
The firms will display their goods with high competitiveness in ASEAN nations and China, including agro-forestry-fishery products, processed food, electric and electronic devices, wood products, handicrafts and consumer goods.
During the four-day exhibition, the Vietnamese firms will have meetings with leaders and enterprises from other participating nations.
According to the organisation board of the event, Vietnamese firms’ booths received around 50,000 visitors, with total contract value exceeding US$100 million at the event last year.