Chinese firms seek to access HCM City market
Over 40 Chinese businesses operating in finance, labour, real estate and
construction made a fact-finding tour of Ho Chi Minh City on April 16
to seek business opportunities in the metropolis.
Over 40 Chinese businesses operating in finance, labour, real estate and
construction made a fact-finding tour of Ho Chi Minh City on April 16
to seek business opportunities in the metropolis.
According to Irence Va Kuan Lau, Director of the Trade and Investment Promotion Agency in Macao (China), the visit aims to promote trade and investment links between Vietnamese and Chinese firms.
The event helped the two countries’ business communities to share updated information on the market and seek partners, thus establishing cooperation in the future, she said.
She added that through their visit, Chinese firms were also provided with insights into the investment climate in Vietnam.
At present, Vietnam mainly ships crude oil, coal, computers, telephones, rubber, rice, vegetables and seafood to China, while importing machines, textiles, steel and fertiliser from the country.
According to Vietnamese Customs, Vietnam-China import-export value was 58 billion USD in 2014, up 17 percent from 2013. Trade from January-March grew 17.5 percent annually to 14.6 billion USD.
Vietnam and China have set goals to bring bilateral trade revenue to 60 billion USD in 2015 and 100 billion USD in 2017.-VNA
According to Irence Va Kuan Lau, Director of the Trade and Investment Promotion Agency in Macao (China), the visit aims to promote trade and investment links between Vietnamese and Chinese firms.
The event helped the two countries’ business communities to share updated information on the market and seek partners, thus establishing cooperation in the future, she said.
She added that through their visit, Chinese firms were also provided with insights into the investment climate in Vietnam.
At present, Vietnam mainly ships crude oil, coal, computers, telephones, rubber, rice, vegetables and seafood to China, while importing machines, textiles, steel and fertiliser from the country.
According to Vietnamese Customs, Vietnam-China import-export value was 58 billion USD in 2014, up 17 percent from 2013. Trade from January-March grew 17.5 percent annually to 14.6 billion USD.
Vietnam and China have set goals to bring bilateral trade revenue to 60 billion USD in 2015 and 100 billion USD in 2017.-VNA
You should also see
Lang Son province seeks global status for local geopark
A dossier has been built by the People’s Committee of the northern mountainous province of Lang Son to seek the UNESCO recognition of Lang Son Geopark as a global one.
See more
Videos
Agro-forestry-fisheries products nearly double in Q1
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at over 13.5 billion USD, up nearly 22% over the same period last year, according to the Ministry of Agriculture and Rural Development.
Business
Beautycare Expo 2024 opens in Hanoi
The Beautycare Expo 2024 kicked off Hanoi on April 18, featuring over 250 booths from more than 15 countries and territories.
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
