A delegation from the Chinese Consulate General in Ho Chi Minh City, led by Consul General Wei Huaxiang, and 30 Chinese coconut companies made a field trip to raw material zones in Cau Ke district, the Mekong Delta province of Tra Vinh, on December 20.
Prime Minister Pham Minh Chinh on December 9 welcomed a delegation of leaders from 18 major Chinese enterprises of the Zhang and Yan clans led by Yan Jiehe, founder and Chairman of the China Pacific Construction Group and Susun Construction Group - both among the world’s top 500 companies, who are visiting Vietnam to explore cooperation and investment opportunities.
The People’s Committee of Soc Trang province coordinated with Chinese Consulate General in Ho Chi Minh City to organise a meeting between enterprises of China and local businesses on March 20.
Vietnam is anticipated to emerge as a destination for Chinese enterprises in the near future, as investments from the neighbouring country have become increasingly diverse in areas such as energy, green development, and digital economy, according to experts.
About 150 enterprises of Vietnam and China joined in a conference held in Beijing on November 27 to promote bilateral economic, trade, and investment connections.
Secretary of the Hanoi Party Committee Dinh Tien Dung, who is on a working trip to China, witnessed the signing of a memorandum of understanding (MoU) on cooperation between the Hanoi People’s Committee and the administration of Guangzhou city of China on September 26.
The Ministry of Industry and Trade and the People's Committee of Lang Son province jointly kicked off the Vietnam – China International Trade Fair on November 2.
Up to 21 percent of Indian firms operating or intending to operate in Southeast Asia plan to expand their business in Vietnam in the next two years, and the ratio is 26 percent among Chinese enterprises, according to a HSBC survey covering more than 1,500 companies from six of the world’s largest economies – all of which have operations in Southeast Asia.
Economic and trade relations between Vietnam and China have been developing in a positive direction, as shown by the continuous increase of bilateral trade turnover between the two countries. Vietnam is fast becoming an attractive investment destination for Chinese enterprises.
Chinese enterprises are eyeing to expand their business and investment in the Association of Southeast Asian Nations (ASEAN), in which Vietnam is considered one of the most attractive destinations.
The latest equipment and technologies for the manufacturing, engineering and electronics industries are being showcased at the CA-MEXPO Vietnam 2017 which opened in Hanoi on June 15.
Party General Secretary Nguyen Phu Trong has urged Chinese enterprises to further expand their investment in Vietnam, using modern and environmentally friendly technologies, for sustainable development.
