Various Vietnamese products on show at China-ASEAN Expo
A wide range of Vietnamese agriculture, forestry and fisheries products, processing food, wood furniture and handicrafts, consumption good, as well as tourism and trade services are on display at the China-ASEAN Expo (CAEXPO) which opened on September 10 in Nanning, China.
The China-ASEAN Expo (CAEXPO) opens on September 10 in Nanning, China. (Photo: VNA)
Beijing (VNA) – A wide range of Vietnamese agriculture,forestry and fisheries products, processing food, wood furniture andhandicrafts, consumption good, as well as tourism and trade services are on display atthe China-ASEAN Expo (CAEXPO) which opened on September 10 in Nanning, China.
These products are brought to the event by over 60 Vietnamese firmsand their partners in China at a pavilion spanning across more than 2,000 sqmin Nanning International Convention and Exhibition Centre.
CAEXPO 2021 takes place to boost economic cooperation andtrade between China and ten ASEAN member states. Nearly 4,000 foreign companiesfrom over 40 countries and territories worldwide are showcasing their productsand services in 905 pavilions, up 13.4 percent from 2020.
The expo was launched togetherwith the 18th China-ASEAN Business and Investment Summit (CABIS) wheregovernmental officials and business leaders will exchange views and seekpartnership in trade, investment, cross-border financial services, technologyinnovation and digital economy.
Chinese Vice President Wang Qishan attended the openingceremony of the two events during which he read a congratulatory notefrom President Xin Jinping.
Vietnamese Deputy Prime Minister Le Van Thanh and otherleaders from Laos, Cambodia, Malaysia, Thailand, Singapore and Pakistan alsodelivered their remarks via pre-recorded videos at the ceremony.
Exhibitors from other ASEAN member states bring to theexpo various products in the fields of aviation, marine transport, coffee,footwear and agriculture, while those from China, including tech giant Huawei,display goods in electronics, agriculture, engineering, food packaging, and equipment.
Latest customs data shows that ASEAN remains China’sbiggest trade partner as the two-way trade spurred by 33.3 percent year on yearto 553.9 billion USD in the first eight months of 2021. The value accounted for14.5 percent of China’s foreign trade.
Launched in 2014, CAEXPO has been an important platformfor enhancing bilateral trade and relations between China and ASEAN. This year,26 high-level forums and 148 economic and trade promotion activities will takeplace in the framework of the four-day event, alongside a host of events tocelebrate the 30th anniversary of the ASEAN-China dialogue ties./.
Trade between China and the Association of Southeast Asian Nations (ASEAN) has skyrocketed by 85 times since the two sides established their dialogue relations 30 years ago.
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The 18th China-ASEAN Expo (CAEXPO) and 18th China-ASEAN Business Investment Summit (CABIS) will create a new motivation for the development of economic-trade ties between ASEAN and China as well as the growth of both sides, stated Deputy Prime Minister Le Van Thanh while delivering a video speech at the opening ceremony of the two events on September 10.
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The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
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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.
The China-ASEAN Expo (CAEXPO) opens on September 10 in Nanning, China. (Photo: VNA)
