Off the wire
• China Focus: 2-tonne ice case prompts China to tighten drug bust at sea  • China preparing for new era of space economy  • Urgent: Syria TV says rebels fired nerve agent on soldiers near Damascus  • Local officials in China under graft investigation  • South Korean Olympic committee upholds ban on star swimmer Park  • HK outstrips London to become world's most expensive office market: report  • Chinese company, banks back Malaysia's future high speed rail terminal project  • Kenya puts in place measures to strengthen child protection: official  • French riot police arrest 323 soccer fans on violence charges  • ICBC, Czech sign deal on Europe fund for investment cooperation  
You are here: 　 Home

Feature: CAEXPO exhibition in Vietnam helps boost China-Vietnam business cooperation, exchanges

Xinhua, June 16, 2016 Adjust font size:

"The China-ASEAN Expo (CAEXPO) Vietnam Exhibition 2016 will provide an opportunity for the businesses of Vietnam and China to strengthen cooperation and exchanges," said Vietnamese Deputy Minister of Industry and Trade Do Thang Hai on Thursday.

Speaking at the opening ceremony of the CAEXPO Vietnamese Exhibition in Vietnam's capital Hanoi, the Vietnamese official said that economic, trade and investment cooperation plays a very important role in Vietnam-China relations.

"The event is expected to further promote trade and investment between the two countries, increase competitiveness and production efficiency of businesses," Hai said.

As many as 166 Chinese enterprises from 13 cities and provinces are attending the CAEXPO Vietnamese Exhibition 2016 to showcase their products at some 330 stalls covering around 5,000 square meters.

The products on display comprise machinery, advanced technology, energy-linked equipment, automobiles and agricultural machinery, among others.

Chinese Ambassador to Vietnam Hong Xiaoyong said that through the exhibition, Vietnamese enterprises can approach more Chinese enterprises and familiarize themselves more with them, thus expanding practical cooperation.

"Through the exhibition, I want to learn more about Chinese enterprises in the science and technology area, so as I can support Vietnamese enterprises, especially the small and medium ones, and connect the two countries' businesses," Pham Ngoc Hieu, head of Design Technology Simulation and Prototyping Division from the National Institute of Patent and Technology Exploitation under the Ministry of Science and Technology, told Xinhua.

"I focus on areas of mechatronics, mechanical engineering, and automation, which are essential for Vietnam's supporting industry," Hieu said.

Hieu's job is to connect businesses together so that they can find cooperation opportunities.

"China has advanced and updated technology with competitiveness in human resources and prices. Therefore, the event is a good opportunity for cooperation between Vietnamese and Chinese enterprises," Hieu said.

"I hope that there will be more events like this to support Vietnam-China businesses," he added.

"Such an event is a huge opportunity which helps connect businesses," Dao Thanh Huong, Sales and Marketing assistant of a company related to electrical equipment, told Xinhua.

Huong has spent quite a long time talking with representatives of China's Guangxi Huanan Electric Co., Ltd. as she is seeking a partner providing electrical equipment.

"After talking with Chinese partners, we will sit down together in the near future for more discussions on cooperation opportunities," Huong said.

Apart from providing cooperation opportunities for businesses, the CAEXPO Vietnamese Exhibition 2016 also introduces Chinese brands to Vietnamese consumers.

Bui Duc Thinh, a 51-year-old Hanoi citizen, showed his interests in cars made by China's Dongfeng Liuzhou Motor.

"Chinese cars have a good design and appearance with nice interiors and are priced reasonably compared to others," Thinh told Xinhua, after reviewing Dongfeng Liuzhou Motor's lineup.

Dongfeng Liuzhou officially entered the Vietnamese market in 2004. Its trucks are among the most favored brands by Vietnamese customers, said Feng Jie, assistant general manager of Dongfeng Liuzhou.

Feng Jie told Xinhua that his company is expanding its business reach in Vietnam to include family cars. Several latest models of Dongfeng Liuzhou's family cars are being displayed at the exhibition, and have been garnering a great deal of attention of visitors.

"Through the exhibition, I can see and check many car models before buying. I will talk more with the company before buying their car," Thinh said.

Meanwhile, for Yuchai Machinery Company which has established a firm foothold in the Vietnamese market, attending the exhibition will help further promote its brand among local consumers, according to Tang Haidong, chief representative of Yuchai in Vietnam.

Entering the market here in 1997, Yuchai is currently holding around 70 percent of the market share in providing engines for under eight-ton trucks.

The CAEXPO Vietnamese Exhibition is scheduled to conclude on Saturday. The event is the first leg of the ASEAN Tour Exhibition within the 13th China-ASEAN Expo to be held in China's Guangxi Zhuang Autonomous Region in September. Endit