Malaysia to Hold Trade Expo in Vietnam in December

The Malaysia External Trade Development Corporation (Matrade) is set to organize the Trade Expo 2006 in Vietnam’s southern economic hub of Ho Chi Minh City on December 5-9.

 

The event will feature a wide range of general consumer and industrial products and services, said the Matrade.

 

The five-day expo in Vietnam is in sync with Malaysia’s continuous efforts to seek more opportunities and new markets for Malaysian companies, especially within the Association of Southeast Asian Nations (ASEAN), added the Matrade.

 

In 2005, two-way trade between Vietnam and Malaysia grew by 26.3 per cent to RM8.26 billion ($2.25 billion), of which Vietnam spent RM4.39 billion ($1.2 billion) on imports of major goods such as chemicals, electronic products, iron and steel products, transport equipment and textile and clothing and reaped RM3.87 billion ($1.05 billion) from exports with staple items of rice, crude oil, seafood and semi-processed materials, garments, footwear and furniture.
www.bernama.com