Almost 100 delegates attended an exchange of Vietnamese and Chinese women entrepreneurs, which was held annually to boost trade ties and mutual understanding between the two sides.

Addressing the event in Beijing on July 12, President of the Vietnam Women Entrepreneurs Council Tran Thi Thuy said apart from Vietnam-China diplomatic ties, bilateral trade and economic relations have seen positive results.

With both countries’ efforts, two-way trade has recorded an annual average increase of more than 20 percent, reaching around 8.4 billion USD in the first quarter of the year, a year-on-year rise of 16.1 percent, Thuy said.

Vietnam ’s export staples such as electronic components, textile and garment apparels, steel and farm products have gained firm footholds in China , she added.

She proposed the two governments adjust regulations, import-export procedures, upgrade payment methods, concretise measures to tap economic potential to facilitate trade between both countries.

Representative of China ’s women entrepreneurs, Chen Yu Fen, affirmed the great significance of the exchange in bolstering the two people’s friendship and mutual understanding.

She said she hoped the two countries’ women entrepreneurs would discuss and seek investment cooperation opportunities to further bring into play their role in promoting the two countries’ economic and trade ties.-VNA