Economic and trade cooperation is a highlight in Việt Nam - China relations, showing strong and steady growth, said Vietnamese Trade Counsellor in China Nông Đức Lai in an interview with the Vietnam News Agency.
The sudden depreciation of Chinese yuan against the US dollar brings more difficulties to Viet Nam’s yarn industry, according to Viet Nam Textile and Apparel Association.
Trade between Viet Nam and China has increased dramatically in recent years but there is much more room for them to strengthen investment and trade ties, the China-Viet Nam Economic and Trade Cooperation Forum heard in HCM City on Wednesday.
Though Viet Nam remains a big importer of textile feedstock and accessories from China, its rising exports to China is a promising sign, according to the Viet Nam National Textile and Garment Group.
The Shenzhen Stock Exchange and the HCM City branch of the Bank of China organised the China-Viet Nam capital co-operation forum on Tuesday to strengthen the financial links between the two countries.
Viet Nam should implement polices to increase its export volume through its border gates with China by taking advantage of the Viet Nam-China Border Trade Agreement, experts said.
China hopes that there will be more farm produce cooperation
opportunities with Viet Nam as the two countries are both diverse in
agricultural resources and their farm produce sectors complement each
other.
Steel producer Hoa Sen Group was the only Vietnamese representative in
the list of 132 global growth companies (GGCs) ed at the World
Economic Forum last week.