A workshop was held in the Chinese central province of Hunan on October 19 to promote cooperation between Vietnam and China in economics, trade, investment, and tourism.
A representative of Vietnamese Embassy in China speaks at the event (Photo: VNA)
Beijing (VNA) – 💯A workshop was held in the Chinese central province of Hunan on October 19 to promote cooperation between Vietnam and China in economics, trade, investment, and tourism.
The event was organised by the Vietnamese Embassy in China and Hunan provincial Department of Commerce as part of the ongoing 2016 ASEAN-Hunan Famous Brand High-Quality Products Trade Fair.
Minister Counsellor at the Vietnamese Embassy in China Nguyen Dac Thanh said the workshop enables businesses to study cooperation opportunities and potentials in the context of the recent establishment of the ASEAN Economic Community and the growing friendship and cooperative ties between the two countries.
He noted that with the goal of raising bilateral trade to 100 billion USD in 2017, the two sides have continuously undertaken measures to expand partnership in economics, trade, and investment in a healthy, stable and balanced manner while encouraging businesses to expand partnership.
According to the diplomat, the Vietnamese government is committed to creating the best possible conditions for foreign enterprises, including those from China, to do business in Vietnam.
Vietnam also welcomes Hunan businesses to invest in projects suitable with the country’s sustainable development strategy, especially in construction materials, supporting industry, equipment and machinery, electricity, renewable energy, and green growth, he said.
Vietnam-China trade surpassed 66 billion USD in 2015 (China’s statistics 95.8 billion USD). China has been the biggest trade partner of Vietnam for the past 12 consecutive years, while Vietnam became the largest trade partner of China in ASEAN in 2015 for the first time.
As of July 2016, Chinese firms injected nearly 11 billion USD into 1,500 investment projects in Vietnam, ranking ninth out of the 110 countries and territories investing in the Southeast Asian nation.
China is the leading country in terms of number of tourists to Vietnam, and it is also one of the most popular destinations for Vietnamese travellers.
Close to 2 million Chinese vacationers arrived in Vietnam in the first nine months of 2016, a year-on-year increase of over 55 percent and equal to the total figure of 2015.-VNA
Twenty-five Vietnamese exhibitors joined the ASEAN-Hunan Famous Brand High-Quality Products Trade Fair that opened in Changsha city, the capital of China’s Hunan province on October 19.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
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.
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.
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.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
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.
A representative of Vietnamese Embassy in China speaks at the event (Photo: VNA)
