Vietnam is a leading trade partner of China’s Guangzhou city, Guangdong province, in ASEAN, said Luo Zheng, director of the Comprehensive Division of the Commission of Commerce of the municipal government, on July 4.
In a press conference on the development
of Guangzhou, Zheng said two-way trade between Vietnam and Guangzhou rose by
10.2% to US$2.8 billion in 2016.
Guangzhou shipped to Vietnam US$1.83
billion worth of commodities last year, a year-on-year increase of 12.3%,
doubling Vietnam’s exports to the city which was estimated at US$970 million,
up 6.5%.
It made Vietnam the second largest trade
partner of Guangzhou in ASEAN, after Malaysia who reported US$3.48 billion in
trade with the Chinese city.
The future is even brighter for the two
sides when the bilateral trade hit US$1.83 billion in the first five months of
2017, up 82.2% year-on-year, surpassing Malaysia. Guangzhou continued to enjoy
a trade surplus of US$970 million, with exports to Vietnam worth US$1.4
billion, during the period.
According to Zheng, Guangzhou
established four new enterprises in Vietnam last year; and by May 2017, the
city has had 21 new businesses, bringing its total investment in the country up
to approximately US$50 million.
Meanwhile, as of May, Vietnam has
established nine companies in Guangzhou, raising the total investment in the
city to US$6.48 million.
Guangzhou and Guangdong have closely
coordinated with Vietnam’s localities, businesses and business associations to
build foundation for the bilateral trade and cooperation between the two sides,
Zheng affirmed.
Source: VNA
During the two days of November 14th – 15th, at the Provincial Cultural Palace, the Department of Industry and Trade organized a conference to connect the product consumption of the ethnic minorities and the mountainous areas in 2024. There was the attendance of the representatives of leaders of a number of departments, branches, businesses, manufacturers and distributors inside and outside the province.
The One Commune One Product (OCOP) programme is reshaping the rural economy of Lac Son district, helping improve living standards, particularly among the ethnic minority communities in remote areas of Lac Son district.
The Van Mai dam xanh (Bangana lemassoni) fish has long been famous for its unique and delicious flavour, earning a spot on the menus of many restaurants and attracting food connoisseurs. In recent years, residents in Van Mai commune, Mai Chau district, have expanded their fish farming areas and striven to build a strong reputation for their product. They are also working to establish it as an OCOP (One Commune, One Product) item to increase their income.
Outstanding rural industrial products of Hoa Binh province in 2024 were recently honoured and granted certificates, becoming a source of pride for producers and also a boost for local economic development. The honourees are all deeply imbued with the local cultural identity and boast considerable commercial potential, helping popularise the image of Hoa Binh to domestic and international consumers. This is also a solid stepping stone for rural industrial establishments to develop.
In the first 10 months of 2024, Hoa Binh city made significant progress in job creation and labour exports, sending 112 workers abroad through partnerships with authorised recruitment firms.
An award ceremony to announce the official certification for Mai Chau district’s Bangana lemassoni fish, a specialty of the locality because of its unique flavour, was held recently in the district.
