Vietnam, China look for stronger trade ties

Minister of Industry and Trade Tran Tuan Anh has suggested China’s Guangxi consider building a cooperation agreement with Vietnam in the domains of economics, trade, industry and investment, thus further promoting partnerships among the two countries’ enterprises.
Vietnam, China look for stronger trade ties ảnh 1At the working session (Source: VNA)

Hanoi (VNA) – Minister of Industry and Trade Tran Tuan Anh has suggested China’sGuangxi consider building a cooperation agreement with Vietnam in the domainsof economics, trade, industry and investment, thus further promoting partnershipsamong the two countries’ enterprises.

Duringa meeting with visiting Chairman of the Guangxi Zhuang Autonomous Region ChenWu in Hanoi on April 20, Minister Anh praised the leading role of Guangxi in cooperatingwith Vietnam in many fields, and Vietnamese localities in particular inVietnam, especially in economy and trade.

The Ministry of Industry and Trade (MoIT) attaches special importance to developingcooperation with Guangxi, and considers the locality an important bridge connectingVietnam with the Chinese market, he said, adding that Vietnam is willing to becomea bridge helping Guangxi as well as other Chinese localities boost bonds with otherSoutheast Asian markets.

He took the occasion to ask the Guangxi side to urge China's quarantine agency toexpeditiously complete the risk assessment procedures, thus allowing Vietnam toofficially export milk and dairy products, fruits, pigs and pork to China.

Chen, for his part, said the two should strengthen theconstruction and connection of border gates, and increase the tradefacilitation in order to meet the increasing demand of goods exchange betweentheir enterprises, he stressed.

Chen proposed the two sides to boost research and development of the “One-stop-shopclearance” model for some commodities such as watermelons and dragon fruits ofVietnam exported through the pairs of Huu Nghi-Huu Nghi Quan (Friendship-Friendship Gate) border gate; and Mong Cai - Dongxing bordergate, making it easier for import and export activities between the twonations.

The annual China-ASEAN Expo (CAEXPO) held in Guangxi is a greatopportunity for Vietnamese and Chinese businesses to promote cooperation, henoted.

According statistics of the Guangxi side, Vietnam is thelargest trade partner of Guangxi for many consecutive years. Their two-way tradealways accounts for about one third of the total trade between the two nations.In 2017, trade between Vietnam and Guangxi hit 24.12 billion USD, up 0.4 percentyear-on-year, of which Guangxi’s exports to Vietnam reached over 13.77 billionUSD, down 0.7 percent, while its import from Vietnam was over 10.35 billion USD,up 2 percent. -VNA
VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.