
Vietnam’s high-end fashion targets Chinese market
An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.
An increasing number of Chinese celebrities are choosing high-end Vietnamese fashion, creating new opportunities for Vietnamese designers to make their mark in the 1.4 billion-strong market.
With its strategic importance in the central key economic region, well-developed and interconnected infrastructure, coupled with ample potential for tourism development, Khanh Hoa province is an ideal location for Chinese businesses to seek opportunities for cooperation and investment, Vice Minister of Foreign Affairs Pham Thanh Binh has said.
A ceremony to announce the official export of fresh coconuts of the Mekong Delta province of Ben Tre to the Chinese market was held on October 25 by the provincial Department of Agriculture and Rural Development and the Vietnam Mini Digital Investment and Trading JSC.
Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.
The Vietnam Coconut Association has forecast that coconut exports will hit 1 billion USD this year, driven by the signing of a protocol for official export of fresh coconuts to China.
Vietnam and China have been tightening their economic and trade ties over the recent years, reflecting a strong vitality, said the International Business Daily, the mouthpiece of the Chinese Ministry of Commerce.
Exports of animal feed and raw materials to the Chinese market account for 40.7% of Vietnam's total export turnover of these items.
Insiders believe in a bright prospect for durian export to China though the world’s largest durian consumer is expanding the cultivation of this fruit.
Indonesia, one of the world's largest durian producers and exporters, plans to conduct further research on this fruit varieties and expand plantations in order to raise durian exports to China to 8 billion USD.
Lao Cai has proposed the pilot of a cross-border e-commerce zone or a free trade zone in the northern mountainous province to bridge Vietnam and other ASEAN countries with the Chinese market.
With an output of between 12 and 14 million tonnes a year, Vietnam's fruit products not only meet domestic consumption needs but also caters to exports, generating nearly 3.5 billion USD each year.