Vietnamese, Chinese businesses seek cooperation

Vietnamese and Chinese businesses gathered at a seminar in Hanoi on April 17 to exchange information and seek cooperation opportunities.

As part of the Vietnam-China Business Forum 2014, the conference will help the two countries’ businesses form initial orientations for their future investment plans, said Pham Quang Thinh, deputy head of the International Relations Department under the Vietnam Chamber of Commerce and Industry.

A Chinese representative said his country’s businesses are always encouraged to invest in Vietnam. 

He expressed his hope that via collaborations set up during the event, the multi-faceted cooperation between Vietnam and China will further develop in the time to come.

China has been Vietnam’s leading trade and investment partner over many years, with two-way trade reaching US$50.2 billion last year and US$7.77 billion in the first two months of this year.

By the end of February, China had 998 projects in Vietnam with a total investment of US$7 billion, of which US$3 billion had been disbursed.

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