Vietnam, China works to fuel agricultural trade

Vietnam and China are going to hold several teleconferences in the next few days to promote the trade of agricultural products and specialties.
Vietnam, China works to fuel agricultural trade ảnh 1A lorry waits for export procedures to be handled at the Kim Thanh International Border Gate No. 2 in Lao Cai province, which borders China (Photo: VNA)

Hanoi (VNA) – Vietnam and China are going to holdseveral teleconferences in the next few days to promote the trade ofagricultural products and specialties.

The Ministry of Industry and Trade (MoIT) saidon May 24 that its Trade Promotion Agency and the Vietnamese trade office’sbranch in China’s Kunming city will coordinate with the Yunnan branch of theChina Council for the Promotion of International Trade to hold a teleconferenceon May 26 and 27 to boost the trade of agricultural products and food betweenthe two countries.

During the talks, 21 Vietnamese businessesoperating in the agricultural, fisheries, food processing and beverage sectorswill introduce their products to Yunnan importers.

Do Quoc Huong, who is in charge of theVietnamese trade office’s Kunming branch, said all production and businessactivities in Yunnan province have been basically resumed, but agriculturalproduction there is still facing difficulties.

The Yunnan Department of Commerce predicted thatfrom now to the end of June, the province will have a high demand for essentialfarm produce like fruit and vegetables.

The MoIT and the Ministry of Agriculture andRural Development of Vietnam also noted that a major international meeting willbe held online on June 6 to promote lychee trade between the two nations. Itwill connect tens of locations in Bac Giang, Lao Cai, Lang Son, Da Nang and HoChi Minh City with those in China’s Yunnan and Guangxi provinces.

Data from the MoIT show that bilateral trade hitmore than 35 billion USD in the first four months of this year. Vietnam earned12.7 billion USD from exports to China and purchased goods worth 22.38 billionUSD from the neighbouring market, respectively rising 22.1 percent and falling1.6 percent year-on-year./.
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