Home Economy

Viet Nam, China sign contracts at trade fair

Nov 11th at 13:42
11-11-2014 13:42:45+07:00

Viet Nam, China sign contracts at trade fair

Nineteen economic contracts were signed at the 14th Viet Nam-China Border Trade Fair, worth a total of US$440 million, according to Lao Cai Province Department of Industry and Trade.

This year's contracts are worth nearly double that of last year's contracts.

The five-day trade fair, which began on November 8, is being held at the Hekou-ASEAN International Trade Centre in China's Yunnan Province. It has about 1,200 kiosks of companies from Viet Nam, China and other countries in the region.

The products on display at the fair include agricultural products, raw materials, automobiles and electronic equipment, as well as garment, textiles and footwear.

An official from the Department of Commerce of Yunnan said that the two countries should hasten general planning for specialised zones such as logistics, processing and financial zones.

bizhub

MOST READ

NEWS SAME CATEGORY

Binh Dinh exports seen increasing by nearly 9%
ECONOMY Nov 11th at 13:42

Binh Dinh exports seen increasing by nearly 9%

The central province of Binh Dinh expects to earn US$675 million from exports this year, an 8.9 per cent increase on the year.

SMEs urged to get ready for ASEAN EC
ECONOMY Nov 11th at 13:38

SMEs urged to get ready for ASEAN EC

Vietnamese enterprises, especially small- and medium-d companies, have been repeatedly warned to prepare for both the challenges and opportunities when the ASEAN...

Dairy firms told to spend less on advertising
ECONOMY Nov 11th at 13:37

Dairy firms told to spend less on advertising

The finance ministry has asked dairy companies to reduce spending on advertising and marketing to enable them to lower retail prices.

Construction of Yen Phong IZ transmission station begins
ECONOMY Nov 10th at 15:23

Construction of Yen Phong IZ transmission station begins

The Northern Power Corporation (NPC) of the Electricity of Vietnam (EVN) launched the construction of the 110kV project's Yen Phong 3 transmission station and...

Securities companies dying slow death
ECONOMY Nov 10th at 15:22

Securities companies dying slow death

When the VN Index tumbled a number of years ago, it spelled trouble for many companies who had to delist. Some left the bourse, and the remaining who were...

Trade deficit with China keeps increasing: customs
ECONOMY Nov 10th at 13:44

Trade deficit with China keeps increasing: customs

Vietnam continues to suffer a US$20.17 billion trade deficit with China by the end of September, up nearly 17% year on year, according to the General Department of...

Samsung Electronics near license for new $3 billion Vietnam mobile phone plant: newspaper
ECONOMY Nov 10th at 13:42

Samsung Electronics near license for new $3 billion Vietnam mobile phone plant: newspaper

A subsidiary of South Korea's Samsung Electronics Co Ltd will be awarded a license to invest $3 billion in a mobile phone plant in northern Vietnam, the second such...

Mui Ne is losing its “resort capital” title
ECONOMY Nov 10th at 13:37

Mui Ne is losing its “resort capital” title

Mui Ne in Phan Thiet city in Binh Thuan province has long been dubbed the "resort capital" of Vietnam and has been considered the most attractive resort destination...

IMF worries about SOE reform
ECONOMY Nov 10th at 13:35

IMF worries about SOE reform

The International Monetary Fund’s Resident Representative for Vietnam Sanjay Kalra has expressed concerns over State-owned enterprise (SOE) reform due to soaring...

TAL gets licensed for $50m textile plant in Ba Thien IZ
ECONOMY Nov 10th at 13:29

TAL gets licensed for $50m textile plant in Ba Thien IZ

Singapore TAL Apparel Limited, a subsidiary of Hong Kong-backed TAL Group, one of the world’s largest clothing manufacturers last week received the investment...

Read More

MOST READ

Back To Top