Creating favorable conditions for Vietnam's agricultural and aquatic products to officially export to Yunnan, China

Published 2023년 2월 20일

Tridge summary

The economic and trade cooperation between Vietnam and China, despite the challenges of the COVID-19 pandemic, has continued to grow in 2022 with a total import-export turnover of 175.6 billion USD. However, the trade turnover between Vietnam and Yunnan province, a key trade gateway, was only 3.2 billion USD, which is a small proportion of the total trade turnover between the two countries. To enhance this cooperation, the Trade Promotion Department of Vietnam proposed the implementation of a Memorandum of Understanding and organizing trade promotion activities. The department also suggested that Yunnan provide favorable conditions for Vietnamese enterprises to promote agricultural and aquatic products to the Chinese market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At a conference on trade promotion, investment and economic cooperation between Vietnam and China (Yunnan) on February 17, Vu Ba Phu, Director of the Trade Promotion Department, said that despite facing many challenges, Mr. Although negatively affected by the COVID-19 pandemic, economic and trade cooperation between Vietnam and China has not stopped developing, the Government newspaper reported. According to statistics of Vietnam Customs, in 2022, Vietnam's total import-export turnover with China will reach 175.6 billion USD, up 5.5% over the same period in 2021. China continues to be a partner. Vietnam's largest trade and import market. In particular, Yunnan province plays a huge role in economic and trade cooperation between the two countries. Yunnan shares a border with four northern provinces of Vietnam, including: Lao Cai, Ha Giang, Lai Chau, and Dien Bien. It is also an important trade gateway in the Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh economic ...

Source: Vinanet