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China, Vietnam to tap great potentials in trade cooperation

Xinhua,November 19, 2019 Adjust font size:

People participate in a seminar about trade and investment cooperation between China and Vietnam, in Hanoi, Vietnam, on Nov. 18, 2019. The seminar attracted nearly 100 officials and entrepreneurs to study potentials of the Vietnamese market and seek cooperation opportunities. (Xinhua/Wang Di)

A seminar about trade and investment cooperation between China and Vietnam was held here on Monday, attracting nearly 100 officials and entrepreneurs to study potentials of the Vietnamese market and seek cooperation opportunities.

The China-Vietnam Trade and Investment Promotion Seminar, co-organized by China's Council for Promoting South-South Cooperation (CPSSC) and Vietnam Chamber of Commerce and Industry (VCCI), was attended by a delegation of more than 20 Chinese enterprises in such fields as textile industry, transportation, business management consulting, big data, and internet applications.

In recent years, the economic and trade cooperation between China and Vietnam has developed steadily and yielded fruitful results with bright prospects, said CPSSC chairman Lv Xinhua.

"The CPSSC is committed to building a platform for Chinese enterprises to understand the investment environment in developing countries, and we hope that this event will enable them to get to know local business partners as well as find cooperation opportunities," he said, adding that in the context of growing protectionism and unilateralism, the Vietnamese side deserves admiration for actively participating in regional cooperation and safeguarding the multilateral trade system.

Speaking at the event, Xiong Bo, the Chinese ambassador to Vietnam, said that there is great potentials and space for the two countries to deepen the economic, trade and investment cooperation.

"Next year marks the 70th anniversary of the establishment of diplomatic relations between China and Vietnam, bringing new opportunities for relationship between the two countries," he said, adding that the Chinese side is willing to strengthen coordination and communication with Vietnam to continuously unleash the potential of cooperation in various fields.

Doan Duy Khuong, vice president of VCCI said, at the seminar that in recent years, the economic and trade relations between Vietnam and China have developed in a comprehensive way, bringing benefits for enterprises and peoples of the two countries.

He hoped that the two sides will make further achievements in economic and trade cooperation in the future and contribute more to the sustained and stable development of the two economies.

As Vietnam will assume the rotating chair of the ASEAN next year, China is welcome to actively participate in related business summits in order to discuss and work out programs and strategies to promote regional economic integration, he said.

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