Vietnam, China boost trade through international fairs
The 17th Vietnam-China International Trade Fair kicked off in the north-western border province of Lao Cai on November 10 under the theme “Integration – Cooperation for mutual development”.
Lao Cai (VNA) – The 17thVietnam-China International Trade Fair kicked off in the north-western borderprovince of Lao Cai on November 10 under the theme “Integration – Cooperationfor mutual development”.
The annual event is rotationally held byVietnam’s Lao Cai city and Hekou district of China’s Yunnan province as part ofthe national tourism year 2017.
It is expected to boost cooperation in tourismbetween Vietnamese and Chinese localities, including Lao Cai and Yunnanprovinces.
It looks to increase the bilateral trade via LaoCai international border gate and help businesses make inroads into the Yunnanmarket and create development momentum for China’s south-western provinces.
Deputy Minister of Industry and Trade Cao QuocHung said the trade fair, which takes place on the occasion of the APECEconomic Leaders’ Week 2017, is an important event to strengthen Vietnam-Chinaeconomic, trade partnership and make active contributions to regional peace,cooperation, development and prosperity.
Gao Shu Xun, adviser to the Yunnan peoplegovernment, said the trade fair has become a highlight in the economic-tradecooperation between Lao Cai and Yunnan in particular and Vietnam and China ingeneral over the past few years.
The event creates a venue for participants toseek business and investment opportunities, he added.
This year’s fair features nearly 800 pavilionsoffering various kinds of products such as agro-forestry-aquatic products,medicines, machinery, automobile equipment, chemicals, construction material,electronics, households commodities, and handicrafts.
An award presentation ceremony for the photocontest capturing the beauty of Lao Cai was held the same day.-VNA
About 80 photos on the beauty of Vietnam and China and the two countries’ relations are on display at an exhibition which opened at the Ho Chi Minh Museum.
Promoting relations between Vietnam and China in a pragmatic and effective manner for mutual benefits meets the aspiration of the two countries’ Parties and people.
The Vietnam – China international trade fair in the northern mountainous province of Lang Son from November 2-8 attracted about 8,000 visitors per day and earned over 50 billion VND (2.17 million USD)
Vietnam’s trade balance with China is expected to improve after enterprises from the two nations inked investment contracts at a trade connection conference in Hanoi on November 8.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
At the opening ceremony (Photo VNA)
