Conference offers trade opportunities to Vietnam, China businesses
A conference on Vietnam – China trade cooperation was organised in Hanoi on April 25 by the Vietnam Chamber of Commerce and Industry (VCCI) and China Council for the Promotion of International Trade (CCPIT) in Zhejiang.
The event was designed to provide opportunities for enterprise of Vietnam and China’s Zhejiang province to meet and look for cooperation possibilities.
At the function, Do Kim Lang, deputy head of the Vietnam Trade Promotion Agency (Vietrade), stressed Vietnam is the biggest partner of China in ASEAN, adding that Vietnam has made great efforts to stabilise the currency exchange rate and improve the business climate for both domestic and foreign investors.
At the function, Do Kim Lang, deputy head of the Vietnam Trade Promotion Agency (Vietrade), stressed Vietnam is the biggest partner of China in ASEAN, adding that Vietnam has made great efforts to stabilise the currency exchange rate and improve the business climate for both domestic and foreign investors.
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Huang Xiao Hang, deputy head of the CCPIT Zhejiang, said more than 30 firms from his province want to meet their Vietnamese peers, adding that his agency expects to help both sides step up partnerships in garment-textile, leather and footwear.
VCCI General Secretary Pham Thi Thu Hang noted that China had been the biggest trade partner of Vietnam and the country’s top export market for 11 consecutive years.
Hang quoted the CCPIT’s assessment that Zhejiang boasts the highest number of firms investing in Vietnam and doing business with Vietnamese firms, compared to other Chinese provinces.
She said she expects the conference will contribute to boosting connection between Vietnamese and Chinese businesses.
According to the General Department of Vietnam Customs, trade between Vietnam and China amounted to US$71.9 billion last year, up 7.9% year on year.
By the end of March 2017, China was ranked 8th among foreign investors in Vietnam with 1,615 projects worth US$11.1 billion.
