Businesses boost cooperation with Guangxi’s partners

10:49 | 14/03/2016 Cooperation

A business forum was held in Hanoi on March 7 to embrace links between Vietnam and China’s Guangxi province.

Businesses boost cooperation with Guangxi’s partners

China is Vietnam's biggest trade partner with two-way trade revenue of more than US$66 billion last year - Photo: VOA

Vice Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Doan Duy Khuong described China as a top partner of Vietnam with two-way trade of over 66 billion USD in 2015.

Vietnam exported more than 17 billion USD worth of goods to China, mainly electronic spare parts, agro-seafood, and coal. The country imported machinery and equipment from its neighbour.

Currently, China is running over 1,300 projects in Vietnam with total capital of over 10 billion USD. The investment is forecast to surge in the near future, he noted.

Vice Chairwoman of Guangxi’s trade promotion association Zhou Ling said the close geographical distance facilitates bilateral transport activities and cooperation in the spirit of making the best use of their strengths and potential.

Vietnam is expected to serve as an entrepot for China and Guangxi in particular to boost trade with ASEAN business community, she said.

Chinese businesses expressed their wish to seek investment opportunities and partners in the fields of hotel, food processing, health equipment, and agriculture./.


Source: VNA