Lao Cai set to host 23rd Vietnam - China International Trade Fair
VOV.VN - The 23rd Vietnam - China International Trade Fair is scheduled to get underway in Lao Cai city of the northern province of the same name from November 10 to 15, according to the Ministry of Industry and Trade.
The event, part of the national programme on trade promotion, aims to strengthen trade exchanges and accelerate investment among various businesses of the two countries.
It also demonstrates the key role of Lao Cai province in connecting the Vietnamese and ASEAN markets with Yunnan (China) and the Southwest China region.
A number of activities will be held during the trade fair, including a talk on economic and trade cooperation between Lao Cai and Yunnan, along with a Vietnam-China logistics and import-export forum.
Hoang Chi Hien, director of the Lao Cai Department of Industry and Trade, affirmed that through the fair, the locality expects that many large investors will inject further funds into infrastructure at industrial parks and the Kim Thanh - Ban Vuoc cross-border economic cooperation zone.
At present, Lao Cai is fully prepared for all possible optimal conditions and offers the highest incentives for financiers.
The contracts signed at the fair are expected to contribute to increasing import and export turnover through the Lao Cai – Hekou border gate, which is predicted to reach over US$10 billion by 2025.
