Taiwan is Viet Nam’s fifth largest trading partner, with bilateral trade last year amounting to US$13.62 billion after increasing by 10.8 per cent, Felix H.L. Chiu, executive director of the Taiwan External Trade Development Council (TAITRA), said.

Taiwan is also one of Viet Nam’s largest foreign investors, with $30.9 billion as of last year, he told a press meeting on July 19.

Viet Nam is also the largest tourism market for Taiwan, with a total of 383,000 Vietnamese visiting the island last year.

At the fair, there are seven themed pavilions: Taiwan Excellence, Green Products, Taiwan Smart City, Taiwan Healthcare, Digital Commerce, Taiwan Orchids, Taiwan Tourism, and Taiwan Bubble Tea.

There will also be a series of other activities like one-on-one trade meetings, Taiwan Excellence Smart Life and Future Trends of the Orchid Industry seminars, Taiwan Startups Showcase, Taiwan Medical Day, and cultural performances.

The expo, at the Saigon Exhibition & Convention Centre in District 7, will be organised by TAITRA and the Viet Nam National Trade Fair and Advertising Company (Vinexad).

It was first launched last year and attracted 24,000 visitors and trade participants, and deals amounting to $27 million were struck. —VNS