13:00 | 29/11/2020 Events
The 17th China – ASEAN Expo (CAEXPO) opened in Nanning of China’s Guangxi province on November 27, with leaders of ASEAN member states, including Prime Minister Nguyen Xuan Phuc, delivering speeches in the form of pre-recorded videos at the ceremony.
|PM Nguyen Xuan Phuc delivers speech at the opening ceremony of CAEXPO 2020 - Photo courtesy of the organising board|
In his speech, PM Phuc affirmed that the ASEAN – China cooperation still maintains a positive growth, especially in economy and trade. China has been ASEAN’s largest trade partner for 10 consecutive years. In the first six months of this year, ASEAN became China’s largest trade partner for the first time with a bilateral turnover of 300 billion USD, 20 percent of which was contributed by Vietnam.
Amid the COVID-19 pandemic, ASEAN and China have been one of a few pairs of partners worldwide to post positive growth in their bilateral trade since early this year.
Vietnam has always boasting the largest number of exhibitors and stalls at all CAEXPO editions so far, he noted, adding that Vietnam will keep its online show until the end of the year, offering more opportunities for businesses.
This year’s CAEXPO is taking place from November 27-30 in both online and offline forms with the theme of “Building the Belt and Road, Strengthening Digital Economy Cooperation”.
Vietnamese businesses have authorised their branches, sales agents or partners headquartered in China to participate in the event.
The over 2,000sq.m Vietnam area attracts the participation of nearly 80 enterprises operating in different fields such as agro-forestry-fishery, processed food, wood products, handicrafts and tourism.
The Vietnamese Ministry of Industry and Trade also organized a general stall to promote the image of the nation as well as its trade and investment potential and outstanding export products.