Vietnamese firms attend second China International Import Expo
A Vietnamese business delegation, led by Minister of Planning and Investment Nguyen Chi Dung, is attending the second China International Import Expo (CIIE) 2019, which opened in Shanghai on November 5.
A corner of the second China International Import Expo (CIIE) 2019 (Photo: VNA)
Beijing (VNA) – A Vietnamese business delegation, led by Ministerof Planning and Investment Nguyen Chi Dung, is attending the second ChinaInternational Import Expo (CIIE) 2019, which opened in Shanghai on November 5.
The event drew the participation of nearly 3,900 enterprises from over 150countries and territories across the world, who came to showcase their productsin smart equipment and technology, household electronics, auto industry,consumer goods, farm produce, IT products and services on an area of more than300,000 square metres, and seek business partners.
Vietnam’s pavilion at the event has an area of 400 sq.m, twice the size in theprevious event in 2018. It features many prestigious companies from Vietnam,including Trung Nguyen Coffee Corporation, TH Food Chain Joint Stock Company, QuangNgai Sugar Joint Stock Company, Tan Hue Vien Food Processing Co., Ltd andVinaPro.
According to statistics from Vietnam customs, trade value between Vietnam andChina totaled 83.67 billion USD during January-September, surging 9.95 percentfrom the same time last year. China continued to be the largest trade partnerand the largest import market of Vietnam in the period.
The CIIE 2019 will run until November 10. The annual expo is considered as animportant trade promotion event of the Chinese government, aiming to createopportunities for all nations to get access to this large market.
China launched the first export last year so as to promote the country as abuyer of the world’s goods, in contrast to the longstanding perception of itprimarily being a manufacturer./.
Vietnamese firms will have many opportunities to promote exports to China via the China International Import Exposition (CIIE), which will be held in Shanghai city from November 5-10, said Hu Suojin, Trade Counsellor of the Chinese Embassy in Vietnam.
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Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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.
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The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
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.
A corner of the second China International Import Expo (CIIE) 2019 (Photo: VNA) 
