China Vietnam Has Great Potential For Cooperation
According to Vietnam's Ministry of investment and investment website, August 31st, August 30th, Vietnam - China business and
Investment
The cooperation forum was held in Beijing, China.
300 entrepreneurs from China and Vietnam attended.
The representatives of China and Vietnam expressed their interest in the rapid development of bilateral trade.
In 2009, despite the impact of the global financial crisis and economic recession, the total trade volume between the two countries still amounted to US $21 billion 350 million, an increase of 5% over the same period last year.
In the first half of this year, the total trade volume between China and Vietnam reached 13 billion US dollars, an increase of 49.5% over the same period last year.
The average annual growth rate has reached 32% since 2000.
According to statistics, as of the end of July this year, China has invested in 53 provinces and cities in Vietnam, totaling 743 projects, with a registered capital of about 3000000000 US dollars, ranking fifteenth in the Vietnam investment countries.
Bilateral bilateral economic cooperation has great potential for development.
It is expected that this year will be completed.
edge
Trade target of US $25 billion.
Reported that although the two sides have achieved some results, but the potential of the two countries is not commensurate, the two sides also on how to further promote. Economics Cooperation has made some suggestions: to give full play to and make full use of the advantages of the China ASEAN Free Trade Area; to increase imports of Vietnam's dominant commodities; and to encourage the powerful Chinese enterprises to invest in aquatic processing, processing industries, textile raw materials production and auxiliary industries.
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