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Vietnam, China look towards 25 bln USD in trade by 2010

A delegation from the Ministry of Industry and Trade led by Minister Vu Huy Hoang is on a working visit to China from Oct. 11-14, to discuss measures to raise two-way trade to 25 billion USD by 2010.
A delegation from the Ministry ofIndustry and Trade led by Minister Vu Huy Hoang is on a working visitto China from Oct. 11-14, to discuss measures to raise two-way trade to25 billion USD by 2010.

The visit is to implement agreements signed in Hanoi last month at thefirst meeting of the Vietnam-China trade cooperation working groupunder the economic-trade cooperation committee, and discuss detailedmeasures to reach the goal laid out by the two countries’ leaders ofraising two-way trade to 25 billion USD by 2010 as well as finding waysto overcome obstacles and facilitate two-way trade.

At the talks with a Chinese delegation led by Chinese Minister ofCommerce Chen Deming, the Chinese side agreed with Vietnam’s proposalson issues such as bilateral and multilateral trade, regional andbilateral cooperation in industry and investment, and the twoministries’ joint participation in Vietnam-China Friendship Year 2010as well as all-around cooperation.

While in China, the Vietnamese delegation made a tour of Chinesecompanies managing projects which are involved in electricity,construction, metallurgy and paper in Vietnam./.

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