A booth at the Lai Chau Trade Fair in 2019. — Photo nhandan.vn

A trade fair is under-way in the northern mountainous province of Lai Chau, showcasing a wide range of products and services at nearly 300 booths including ones of Chinese Yunnan Provinces and Laos.

The industries being showcased are textile and garment; agricultural products, foodstuffs; machinery and equipment, household appliances, pharmaceutical and telecommunication services.

In her speech at the fair's opening ceremony on Saturday, Bui Thi Thanh An, Deputy Director of the Trade Promotion Agency under the Ministry of Industry and Trade, said the event was part of the National Trade Promotion Programme in 2019 which aims to better facilitate economics, investment and tourism between Lai Chau Province and others localities throughout the country.

It also helped these provinces advertise their potentials, economic strength and major products, An said. She also described the fair as an opportunity for businesses to seek new opportunities and access customers.

The fair will wrap up on Thursday.

In 2018, under the national trade promotion programme, the department implemented 171 projects with a total budget of VND103 billion (US$4.4 million).

The total value of contracts and direct transactions at export promotion events reached more than $9.3 billion. Total revenue from selling goods at trade fairs exceeded VND141 billion. — VNS