Friday, June 23, 2017 - 12:11:47

Vietnam EXPO 2017 opens in Hanoi

VNA Print

A photo of the opening ceremony of the Vietnam EXPO 2017. (Source: VNA)

 

Hanoi (VNA) – The 27th International Trade Fair – Vietnam EXPO 2017 themed “Enhancing Regional and Global economic links” started in Hanoi on April 19.

Speaking at the opening ceremony, Deputy Minister of Industry and Trade Tran Quoc Khanh said that the event is significant to supporting businesses to achieve exports goals as well as increase domestic market shares and trade in border and island regions.

According to the organising board, the Vietnam EXPO 2017 drew more than 500 firms from 16 localities of Vietnam and 23 foreign countries and territories like Algeria, India, Cuba, Cambodia, Germany, the Republic of Korea (RoK), Russia, Nepal, Japan, Mongolia, Laos, Thailand and Turkey, covering 600 booths.

 

The RoK is the honourary country this year, with 136 booths of 130 businesses. The country is the third major trade partner and leading investor of Vietnam with a total capital of 50 billion USD, as the Vietnam – RoK Free Trade Agreement took effect in 2015.

Main products of the RoK on display include electronics, cosmetics, toys, processed food and household appliances, which are listed in the tax reduction plan of the deal.

Nguyen Hai Ho, Vice Director General of the Hanoi Alcohol, Beer and Beverage (Habeco), said his company sought various partners through Vietnam EXPO, such as eight Belarusian customers during the 2016 event. It expects to get more deals in this year’s event.

Besides, several trade promotion activities will be organised such as a forum on Vietnam’s export promotion and a meeting between businesses from Vietnam and China’s Guangxi province, which will take place on April 20 to seek trade opportunities.-VNA

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