Việt Nam News

Vietnamese and Chinese firms meet a a recent event in Hà Nội to exchange business opportunities. — Photo moit.gov.vn

HÀ NỘI — Forty Vietnamese enterprises will join a business trip to explore export opportunities in the Chinese cities Nanning and Kunming from June 10-13, the Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade has announced.

The firms include dairy producer Vinamilk, Bà Rịa Vũng Tàu Seafood Processing Import Export Co, Liên Việt Group, Tiền Giang Food Co and Friesland Campina Việt Nam.

The trip is part of the National Trade Promotion Programme in 2019 and will include representatives from trade promotion agencies of 11 localities in the north.

The upcoming trip aims to promote shipments of Vietnamese agricultural products, seafood, processed food as well as handicrafts and garments, Vietrade said, adding that it will help domestic firms advertise their trademarks in the cities.

During their stays in China, the enterprise delegation will participate in the Việt Nam and China Business Forum, slated for Nanning (Guangxi Province) on June 10 and visit a farm produce trading centre a day later. They will also attend a trade fair and a large-scale investment conference in Kunming (Yunnan Province) on June 12.

In addition, they will visit the ASEAN Yunnan logistics centre, Asian trading centre and a market on fruit and consumer goods that will help them study the tastes of Chinese, Vietrade added.

Over the years, trade ties between Việt Nam and two Chinese neighbouring provinces have helped bring Vietnamese goods closer to the lucrative Chinese market and brought Chinese products to ASEAN markets.

Currently, two-way trade between Việt Nam's localities and Guangxi Province accounts for more than one-fourth of bilateral commercial ties. In 2018, the trade topped more than US$26.7 billion, up 8 per cent year-on-year.

Last year, trade turnover between Việt Nam and Yunnan Province also saw a yearly rise of 13 per cent to $4.15 billion and has room to grow, according to Vietrade. — VNS

Tags Vietnam-China trade trade relation business opportunity

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