Deals worth VND485 billion signed at Vietnam-China trade fair

Vietnamese and Chinese businesses signed four contracts worth VND485 billion (over US$21 million) at a seminar on trade promotion in northern Quang Ninh province on December 16.

The seminar, with participants from the state management agencies of Quang Ninh and China ’s Zhuang Guangxi Autonomous Region, was part of the Vietnam-China International Trade Fair 2015 taking place from December 16 to 22 in Quang Ninh’s Mong Cai city. 

Eight memoranda of understanding on developing Vietnam-China tourism were also signed at the event.

Participants discussed many important themes, including their cooperation on trade and tourism development, how the two countries’ border economic zones could grasp 
opportunities created by the Trans-Pacific Partnership (TPP) and the ASEAN Economic Community (AEC).

They also agreed to speed up the construction of the Bac Luan 2 bridge and the Mong Cai-Van Don highway, and improve customs clearance at border gates.

The Vietnam-China International Trade Fair 2015 opened on December 16 with the participation of over 300 Chinese businesses. 

On display at 470 pavilions are competitive products from Vietnam and China , including agro-forestry and aquatic products, machinery, electronics, handicrafts and wooden furniture. 

A string of sideline activities will include a street festival, a trade and tourism promotion workshop and a musical performance on the border river. 

Quang Ninh province has a common border with China’s Zhuang Guangxi Autonomous Region.
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