Vietnamese, Chinese businesses foster connections

Monday, 2018-11-05 17:45:21
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Minister of Agriculture and Rural Development Nguyen Xuan Cuong (Photo:VGP)
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NDO/VNA – A conference was jointly held by the Ministry of Agriculture and Rural Development and the Vietnamese Consulate General in Shanghai on November 5 to foster connectivity between Vietnamese and Chinese enterprises.

The event drew Minister of Agriculture and Rural Development Nguyen Xuan Cuong, Vietnamese Consul General in Shanghai Ninh Thanh Cong, and representatives of many Vietnamese and Chinese enterprises.

Addressing the event, Minister Cuong noted that Vietnam and China share both land and sea border, and have similarities in politics, economic model and culture.

China has become the most important market for Vietnam agro-forestry-fishery products, with two-way trade of the products reaching US$ 11.3 billion in 2017 and US$ 8.16 billion in the first nine months of 2018, he said.

The minister added Vietnam is discussing with relevant Chinese ministries and sectors, including the General Administration of Customs and Ministry of Agriculture, on the recognition of each other’s regulations on quality management and quarantine procedures, thus creating more favourable conditions for import-export activities between the two countries, while facilitating the exports of tropical products such as vegetables, fruit, cashews, cassava, wooden products, coffee, aquatic products, milk, pork, and beef.

With its active international integration, Vietnam will continue improving its investment environment to give better conditions for foreign enterprises, including those from China, to engage in the agricultural sector of Vietnam, he stated.

At the conference, Vietnamese and Chinese firms introduced their strong products and sought partnership opportunities. They also voiced their difficulties during the investment and cooperation process.