Business

134th China Import and Export Fair introduced in HCM City

The Vietnam Chamber of Commerce and Industry – Ho Chi Minh City Branch (VCCI-HCM City), in collaboration with China Foreign Trade Centre and Guangdong Enterprise Confederation under Chinese Business Association in Vietnam, held a conference on August 16 to introduce the 134th China Import and Export Fair (Canton Fair).
134th China Import and Export Fair introduced in HCM City ảnh 1An overview of the conference held in Ho Chi Minh on August tointroduce the 134th China Import and Export Fair. (Photo: VNA)

HCM City (VNA) – The Vietnam Chamber of Commerceand Industry – Ho Chi Minh City Branch (VCCI-HCM City), in collaboration with ChinaForeign Trade Centre and Guangdong Enterprise Confederation under Chinese BusinessAssociation in Vietnam, held a conference on August 16 to introduce the 134th China Import and Export Fair (Canton Fair).

The Canton Fair is the largest trade fair which has been heldbiannually in Guangzhou every spring and autumn since 1957. This year's edition, which is scheduled to take place in October, will cover 1.55 million sq.m with 74,000 pavilions.

According to Zhang Sihong, Vice President of China ForeignTrade Centre, the fair has become one of the reliable destinations forbusinesses from all over the world to explore the Chinese market. This fair notonly provides an opportunity for suppliers and buyers to exchange but also anideal platform to introduce new products, discover new markets and seek new customers, he noted.

A variety of products will be showcased at the event,including electronics and household appliances, telecommunications equipment;building materials; textiles and garments; food and pharmaceuticals, he said,adding that the number of Vietnamese businesses participating in the fairs increases year by year.

134th China Import and Export Fair introduced in HCM City ảnh 2Illustrative image. (Photo: laodong.vn)

Vo Tan Thanh, Vice Chairman of VCCI-HCM, said the fair notonly helps businesses access the Chinese market, but alsoa large consumption market with opportunities to expand trade globally.

China is the biggest trading partner among 200 countriesand territories that have import-export relations with Vietnam. Meanwhile,Vietnam is China's largest trading partner in the Association ofSoutheast Asian Nations (ASEAN) and the eighth largest trading partner of theneighbouring country in the world.

In the first six months of this year, two-way tradeturnover between Vietnam and China reached over 75.5 billion USD. Vietnam’smain export items to China include mobile phones and components, computers andcomponents, crude oil, coal, seafood, agricultural products and footwear./.

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