More Vietnamese firms attend China International Import Expo 2019
More Vietnamese firms attend China International Import Expo 2019
Vietnamese business delegation led by Minister of Planning and Investment Nguyen Chi Dung is attending the second China International Import Expo (CIIE) 2019 this year, which opened in Shanghai on Tuesday.The event drew the participation of nearly 3,900 enterprises from over 150 countries and territories across the world, who came to showcase their products in smart equipment and technology, household electronics, auto industry, consumer goods, farm produce, IT products and services on an area of more than 300,000sq.m, and seek business partners.
Viet Nam’s pavilion at the event has an area of 400sq.m, twice the size as at the previous event in 2018. It features many prestigious companies from Viet Nam, including Trung Nguyen Coffee Corporation, TH Food Chain Joint Stock Company, Quang Ngai Sugar Joint Stock Company, Tan Hue Vien Food Processing Co, Ltd and VinaPro.
According to statistics from Viet Nam’s customs, trade value between Viet Nam and China totaled US$83.67 billion during January-September, surging 9.95 per cent from the same time last year. China continued to be the largest trade partner and the largest import market of Viet Nam in the period.
The CIIE 2019 will run until Sunday. The annual expo is considered an important trade promotion event of the Chinese government, aiming to create opportunities for nations and territories to get access to this large market.
China launched the first expo last year to promote the country as a buyer of the world’s goods, in contrast to the longstanding perception of it primarily being a manufacturer.