China's Ningbo, VN firms look for ties

Aug 23rd at 13:30
23-08-2016 13:30:44+07:00

China's Ningbo, VN firms look for ties

Dozens of Vietnamese and Chinese firms met at a seminar yesterday in Ha Noi to seek cooperation opportunities.

Hoang Quang Phong, Vice President of the Viet Nam Chamber of Commerce and Industry (VCCI), said that the seminar, jointly held by VCCI and China Chamber for the Promotion of International Trade (CCPIT)'s Ningbo's Sub-Council, aimed to promote bilateral trade between Viet Nam and China, especially with Ningbo - a major port and industrial hub in east China's Zhejiang Province.

It also provided opportunities for firms to look for business opportunities in sectors such as electric equipment, electronics, garment and textiles, cosmetics, chemicals, pharmacy, financial investment and property.

Chai Lida, chairman of CCPIT Ningbo of 15,000 member companies said that there was room to boost trade cooperation between companies of both two sides.

The Ningbo Delegation participating the in the seminar included names such as multi-sector Zhejiang Yongnan Holding Group, high-grade paint producer Ningbo Dada Chemicals and chemical producer Zhenhai Petrochemical Industry and Trade, who wanted to look for partners or sale agents and establish trade relationships.

VCCI and CCIPT Ningbo signed an agreement at the seminar to create conditions for boosting business cooperation.

China has been Viet Nam's biggest trade partner with total bilateral trade turnover of more than US$6 billion last year, representing a rise of more than 13 per cent over 2014.

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