Chinese businesses bolster trade promotion in HCM City

A Chinese enterprise delegation participated in a Vietnam-China business exchange programme in Ho Chi Minh City on January 14.

The event was jointly organised by the Vietnam Chamber of Commerce and Industry (VCCI) Ho Chi Minh City branch, and the Chinese International Businesses Association.

The foreign delegation comprised of representatives from the fields of construction and agricultural materials, chemistry, industrial electricity, logistics, and real estate.

Vice Chairman of the Chinese International Businesses Association Zhang Shuai said Ho Chi Minh City is both a traditional and a potential market for Chinese enterprises to expand investment and business activities.

He added the Chinese businesses would like to expand cooperation and relations with Vietnamese partners and vice versa.

According to VCCI, the two countries enjoyed a total import-export turnover of US$66.3 billion in 2015, up 12.9% compared to 2014.

China has 1,258 active projects in Vietnam with a total registered investment of US$8.6 billion. China was the chief market of Vietnamese tourism in 2015 with 1.78 million visitors.

Nguyen The Hung, Deputy Director of the VCCI – HCM City branch said Vietnam-China trade relations has progressed in recent years. He also hoped the two countries’ enterprise community seek long-term business agreements.
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