Vietnam, Chinese Province Sign 54 Projects Totaling US$1.9B
Firms in Vietnam and China’s Guangxi province signed 54 trade, investment and credit cooperation projects totaling US$1.9 billion during an economic and trade forum in Hanoi on September 11.
The projects are mainly in the areas of mechanical engineering, machinery, cement, urban infrastructure, wind power, irrigation and hydropower.
Addressing the event, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Vu Tien Loc said this is a good opportunity for the two-side businesses to enhance trade and investment ties.
Governor of the Guangxi Zhuang Autonomous Region, Ma Biao, urged the two countries to speed up the construction of the Nanning-Hanoi expressway and strengthen coordination in the Greater Mekong Sub-region (GMS) cooperation framework.
At a meeting with Ma Biao in Hanoi on September 12, President Triet said Vietnam would make every effort to foster the comprehensive cooperate strategic partnership with China.
The Chinese official proposed that the two nations should cooperate in organizing the ASEAN-China Trade Fair by the end of this year. (vietnamplus)
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