The 13th China-ASEAN Expo and the 13th China-ASEAN Business and Investment Summit opened in Nanning, the capital city of China’s Guangxi Zhuang Autonomous Region, on September 11 with.
Prime Minister Nguyen Xuan Phuc (third left) and other delegates at the opening of CAEXPO 2016 (Photo: VNA)
Guangxi (VNA) – The 13th China-ASEAN Expo (CAEXPO 2016) and the 13th China-ASEAN Business and Investment Summit (CABIS 2016) opened in Nanning, the c꧋apital city of China’s Guangxi Zhuang Autonomous Region, on September 11 with th💎e participation of nearly 2,700 businesses from both sides.
Prime Minister Nguyen Xuan Phuc of Vietnam, the Country of Honour at this year’s event, and Chinese Vice Premier Zhang Gaoli co-chaired the opening ceremony.
Themed "Jointly building the 21st Century Maritime Silk Road, Forging an Even Closer China-ASEAN Community of Common Destiny," the annual event this year has a total area of 130,000 square meters featuring 5,800 pavilions, an increase of 1,200 from the previous event
Its six exhibition spaces highlight typical products of ASEAN countries and China, their cooperation in investment cooperation and agriculture, new technologies and trade services.
As many as 137 Vietnamese enterprises from 19 localities nationwide are displaying their products at 237 pavilions covering a total area of 5,000 square metres, a rise of 30 percent over 2015. They introduce agro-forestry-fishery products, handicrafts, and consumer goods, which are highly competitive in the Chinese and ASEAN markets.
Within the event’ framework, more than 30 forums and seminars will be organised to encourage China-ASEAN cooperation in such fields as education, environmental protection, culture, transport and tourism, together with 72 investment and business exchange events.
Along with businesses from China and ASEAN countries, CAEXPO 2016 also attracts enterprises from 31 outside economies of the China-ASEAN Free Trade Area, including India, Pakistan, the UAE, and other countries along the Belt and Road.
First held in Nanning in 2004 following China’s initiative, the exhibition aims to foster friendship and cooperation between China and the ASEAN.
CAEXPO 2016 will run until September 14.-VNA
Prime Minister Nguyen Xuan Phuc landed at Wuxu international airport of Nanning city, China’s Guangxi province, at noon of September 10 (Vietnam time), beginning the official visit to China.
The Vietnamese booths at the 13th China-ASEAN Expo (CAEXPO 2016) in China’s Guangxi opened on September 10 with the attendance of Prime Minister Nguyen Xuan Phuc.
Prime Minister Nguyen Xuan Phuc has highlighted the role played by China’s Guangxi Zhuang Autonomous Region in consolidating the friendship with Vietnam.
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.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.