The China-ASEAN Expo (CAEXPO) and the China-ASEAN Business and Investment Summit (CABIS), which enters its 14th year this year, have helped boosted trade cooperation between ASEAN and China as well as Vietnam and China, said Deputy Prime Minister Truong Hoa Binh.
Deputy Prime Minister Truong Hoa Binh at the opening of the 14th CAEXPO (Photo: VNA)
Hanoi (VNA) – The China-ASEAN Expo (CAEXPO) and theChina-ASEAN Business and Investment Summit (CABIS), which enters its 14th year this year, have helped boosted trade cooperation between ASEAN and Chinaas well as Vietnam and China, said Deputy Prime Minister Truong Hoa Binh.
Talking to the press on the occasion of his trip to China’s GuangxiZhuang Autonomous Region to attend the 14th CAEXPO and CABIS, DeputyPM Binh said since its launch in 2004, CAEXPO has become an important event forbusinesses of both sides.
At this year event in Nanning, capital of China’s Guangxi ZhuangAutonomous Region, from September 11-13, Vietnam was represented by 250 booths,the most among ASEAN countries, introducing various products, including farmproduce, processed food, footwear, consumer goods, wooden products andhandicrafts.
As an active member of ASEAN, Vietnam’s participation in CAEXPO demonstratesthe importance that the country’s Government, localities and enterprises giveto strengthening ties with China and Chinese localities, he said.
The event is also a chance for Vietnam to promote its national image,products and trademarks, increasing exports from Vietnam to ASEAN countries andChina.
The Deputy PM highlighted that Vietnam prioritises boosting its friendshipwith China, its largest trade partner and leading source tourism market.Vietnam is also the largest ASEAN trade partner of China and leads ASEANcountries in the number of tourists to China.
Besides, Guangxi has been a pioneering Chinese locality in cooperatingwith Vietnam. Trade between the province and Vietnamese localities hascontributed largely to Vietnam-China trade revenue.
Collaboration between Guangxi and Vietnam in tourism, agriculture,culture, education, people-to-people connection, and border management has alsobeen fruitful, said Binh.
Vietnam also values the position of Guangxi in the cooperation betweenthe two countries, especially with the two countries promoting connectivitywithin the framework of the “Two Corridors, One Belt” and the “Belt and Road”initiatives.
Binh stressed the need for Guangxi and Vietnamese localities to continuerolling out measures to implement the common perspectives reached by leaders ofboth countries, while boosting win-win cooperation in all fields, including themanagement of the border, contributing to building a border of peace,stability, cooperation and development.-VNA
Deputy Prime Minister of Vietnam Truong Hoa Binh had a meeting with Chinese Vice Premier Zhang Gaoli in Nanning city, the Guangxi Zhuang Autonomous Region, on September 11.
As an active member of the ASEAN Community, Vietnam supports ASEAN-China cooperation, Deputy Prime Minister Truong Hoa Binh stressed at an event in Nanning, the capital of China’s Guangxi Zhuang Autonomous Region, on September 12.
Cooperation between China and the Association of Southeast Asian Nations (ASEAN) have seen great progress in numerous fields, including trade and finance, affirmed Chinese Vice Premier Zhang Gaoli.
Deputy Prime Minister Truong Hoa Binh stated that bordering Guangxi province plays a very important role in cementing and developing the friendship and cooperation between China and Vietnam.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.