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PM Nguyen Xuan Phuc to attend China’s international import expo

Prime Minister Nguyen Xuan Phuc will attend China’s first International Import Expo in Shanghai on November 4-5.
PM Nguyen Xuan Phuc to attend China’s international import expo ảnh 1Prime Minister Nguyen Xuan Phuc (Photo: VNA)

Hanoi (VNA) - PrimeMinister Nguyen Xuan Phuc will attend China’s first International Import Expoin Shanghai on November 4-5.

PM Phuc’s attendance is made atthe invitation of Chinese President Xi Jinping.

Two-way trade between Vietnamand China reached 93.6 billion USD in 2017, up 30 percent year-on-year, andaccounting for 22 percent of Vietnam’s total import-export turnover. Of thetotal, 35.4 billion USD came from Vietnam’s exports.

Vietnam posted a trade deficitof 28 billion USD with China in 2016. The figure was down to 22.7 billion USDlast year, a positive sign in improving the bilateral trade balance.

Bilateral trade is forecast to exceed 100billion USD in 2018.-VNA
VNA

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