Vietnam, China look to boost trade ties
Minister of Industry and Trade Tran Tuan Anh and General Director of China’s Administration of Quality Supervision, Inspection, and Quarantine (AQSIQ) Zhi Shuping discussed measures to enhance trade and export links between the two countries in Ho Chi Minh City on May 31.
Minister Anh said Zhi’s working visit to Vietnam will promote cooperation between ministries and sectors in many fields.
He stressed that enhanced connection between Vietnam’s Ministry of Industry and Trade (MoIT) and the AQSIQ will help implement the two countries’ strategic cooperation programmes, creating favourable conditions for Chinese and Vietnamese enterprises to forge trade and export connections.
The Chinese official highlighted the great potential for cooperation between his agency and Vietnam ’s MoIT because the two sides work in similar fields.
He said his agency hopes to closer work with the MoIT to build long-term cooperation, towards fostering trade links between the two nations and their business communities.
During the talks, representatives from the two agencies also looked at issues related to cross-border trade management and export-import goods quarantine.
Vietnam-China trade ties have recorded rapid growth in recent years. Vietnam is now China’s biggest ASEAN trade partner.
Chinese statistics show that bilateral trade revenue hit US$95.8 billion in 2015, a year-on-year increase of 14.6%.
In January 2016, US$7.8 billion worth of goods were traded between the two nations
