The Vietnam Chamber of Commerce and Industry (VCCI) and the China Council for the Promotion of International Trade – Hubei branch co-organised a workshop on economic and trade affairs between Vietnam and the Chinese province on August 13 in Hanoi.
The event attracted the participation of representatives from the Vietnamese Ministry of Planning and Investment; the northern Vietnamese provinces of Cao Bang, Lang Son and Yen Bai; Hubei province; and more than 60 Chinese businesses operating in agriculture, food, machinery, garment, energy, chemicals and real estate.
VCCI Vice Chairman Doan Duy Khuong said that the workshop was significant to intensify mutual understating between the two countries and offered a chance for Vietnamese enterprises to promote their products and seek investment and cooperation opportunities.
Chinese companies are paying attention to agriculture, manufacturing and infrastructure construction, he noted, suggesting Vietnam focus on attracting Chinese companies in these fields.
According to statistics of the General Department of Vietnam Customs, trade between Vietnam and China had reached 31.9 billion USD as of June, up 17.2 percent against the same period last year, 7.72 billion USD of which came from Vietnam’s exports. In the period, Vietnam’s trade deficit with its neighbour hit 16.49 billion USD, a year-on-year rise of 32.07 percent.
Vietnam mainly sells crude oil, coal, rubber, rice, vegetables and fruits and purchases machines, electronic component parts, steel and fertilizers from China.
As of March, China was running 1,112 projects in Vietnam with total registered investment of 8 billion USD, ranking ninth out of 100 countries and territories investing in the country. China also ranks first in terms of the number of tourists to Vietnam in 2014. Vietnam welcomed with 1.9 million Chinese tourist arrivals last year and 700,000 arrivals in the first five months of this year.-VNA
A trans-national economic cooperation zone connecting Dong Dang (Lang Son, Vietnam) and Pingxiang (Guangxi, China) will benefit both local and national cooperation and mutual development, heard a workshop.
The 21st Vietnam – China Trade Fair kicked off in Pingxiang city, Guangxi, China on December 11, drawing great number of enterprises and businessmen from the two countries and ASEAN member nations.
Vietnam has become China’s second largest ASEAN trade partner in 2014, only after Malaysia, the China-ASEAN Business Council (CABC)’s report revealed on January 30.
Vietnam's wood industry gained growth in its export value in the first seven months of 2015 but will have difficulty maintaining this growth until the year end, according to experts.
The domestic handbag industry must increase investment and quality to meet the rising demand from importers under new bilateral and multilateral trade agreements, an industry official has said.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
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.
Illustration Image. Photo: VNA
