The 14th ongoing China-Vietnam border trade fair in China’ssouth-western Yunnan province has so far seen the signing of 19economic deals worth 440 million USD, according to the Department ofIndustry and Trade of the northern border province of Lao Cai.
The total value of contracts inked at last year’s event was 233 million USD.
The China-Vietnam border trade fair is held annually in Lao Cai andYunnan on a rotational basis under an agreement reached by theVietnam’s Ministry of Industry and Trade and the Chinese province.
The fair this year is taking place from November 8-12in Yunnan’s Hekou district, with over 1,200 booths showingagriculture-forestry-fishery products, automobiles, machinery, electricand electronic equipment, garment-textile and footwear.
Deputy director of the Yunnan Department of Trade Zhou Xue Wen urgedthe two provinces to speed up the planning work on an economiccooperation zone. He also called on Vietnamese businesses to boostseafood export to Yunnan market and asked Lao Cai pronvice toshorten customs clearance time at border gates.
On his part, Director of the Lao Cai Department of Industry and Trade DoTruong Giang proposed the Yunnan province to enhance cross-borderdisease prevention, encourage credit activities, and simplifyimport-export procedures.
A number of workshops are also being held for businesses of the two sides to seek cooperation opportunities.-VNA