Vietnam and China Seek to Promote Trade Exchanges

A conference was held on February 14 in the northern border province of Lang Son in a bid to ramp up the exchange of trade in agricultural and aquatic products between Vietnam and China.

0
245
Overview of the event
Overview of the event

Addressing the event, Minister of Agriculture and Rural Development Le Minh Hoan emphasised that both sides agreed to take practical measures in order to promote the import and export of high-quality agricultural products under a joint statement on deepening the Vietnam – China strategic partnership.

Hoan expressed his hope that the authorities of China’s Guangxi province and Vietnamese border provinces continue to increase the exchange of trade in agricultural products, thereby stabilising and developing a sustainable market whilst contributing to the socio-economic development of each country.

Representatives of Lang Son suggested that the Government pay close attention to investing in border infrastructure, with a specific focus on prioritising a number of potential border gate areas that have conditions for rapid development in order to enhance regional linkages in border trade activities.

Ho Tien Thieu, head of the Lang Son provincial government, voiced his hope that the Ministry of Industry and Trade and relevant sectors would continue to timely provide information relating to policies and orientations for international trade development, as well as general regulations on imported goods and farm produce, according to the VOV.

He advised localities that have large growing areas for export to strengthen the effectiveness of quality management in line with the regulations set by importers.

Local businesses should meet requirements in terms of food hygiene and safety, origin traceability, and code of growing areas and packaging facilities for rapid customs clearance in the time ahead, he suggested.

Vietnam looks to boost trade with China’s special administrative region

A workshop discussing measures to promote business cooperation between Vietnam and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) of China was held in Hanoi on January 10.

Participants at the workshop (Photo: VNA)
Participants at the workshop (Photo: VNA)

The event was jointly organised by the Foreign Investment Agency (FIA) of the Ministry of Planning and Investment (MPI), the Chinese General Chamber of Commerce (CGCC), the GBA Union, and the Hong Kong – Vietnam Chamber of Commerce (HKVCC) .

It focused on introducing Hong Kong’s recent development, and Vietnam’s investment environment and incentives, aiming to call on Hong Kong enterprises to increase their investment in Vietnam, reported the Vietnamplus.

According to the MPI, the trade and investment cooperation between Vietnam and Hong Kong has greatly contributed to strengthening bilateral economic relations.

Vietnam is Hong Kong’s eighth largest trading partner. In 2021, the two-way trade reached 13.5 billion USD. By November 2022, Vietnam raked in 10 billion USD from exporting goods to Hong Kong, while spending 1.78 billion USD on importing from it.

Tarah Nguyen
You may also like

Painting contest held for buffaloes joining ploughing festival in Ha Nam

A buffalo painting contest for the Doi Son Tich Dien (ploughing) Festivalwas held on February 10, or the sixth day of the Lunar New Year in Doi Son commune, Duy Tien district, the northern province of Ha Nam.

Pho Hien folk cultural festival kicks off in Hung Yen

The Pho Hien Folk Cultural Festival opened in the northern province of Hung Yen on April 21.

Sam Son sea festival slated for April 21

The 2018 sea festival of Sam Son city of the north central coastal province of Thanh Hoa will take place on April 21, heard a press conference held in the city on April 12.

Ha Long Carnival opens in Quang Ninh

The Ha Long Carnival, a highlight of the Ha Long – Quang Ninh tourism week 2019, opened in Bai Chay and Hon Gai tourism area in the northern province of Quang Ninh on April 28.

Tam Chuc Pagoda – Ancient beauty amidst majestic scenery

Covering 5,100 ha, Tam Chuc complex is a perfect combination of ancient beauty and the mighty of the immense mountain.