6 Oct 2010

Vietnam and China talk economic co-operation


A seminar on trade and economic co-operation between Vietnam and China was held in Ho Chi Minh City on September 24, offering an opportunity for businesses from Ho Chi Minh City and Guangdong province’s Zhuhai city to boost bilateral trade and investment co-operation.
The seminar, co-organised by the Vietnam Chamber of Commerce and Industry (VCCI) and China-ASEAN Business Council (CABC), drew the participation of 50 entrepreneurs from Zhuhai city operating in areas such as electricity, electronics, biology, pharmaceuticals, garment-making equipment, household utensils, environmental technology and chemicals.
More than 100 representatives of VCCI member businesses also took part in the event.
According to VCCI Vice President Doan Duy Khuong, Vietnam and Guangdong have promoted each other’s strengths in economic, trade and investment co-operation. They are striving to raise their two-way trade to US$5 billion in the next three years.
Xu Ningning, CABC Deputy Secretary-General, said China has maintained its position as Vietnam’s biggest trade partner for six consecutive years.
Vietnam and China see great potential for economic and trade co-operation as more and more Chinese businesses are interested in investing in the Vietnamese market, he said. (VNA)

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