Visitors at the Zhejiang Export Fair in Vietnam held in 2019 (Photo courtesy of Vinexad)
Hanoi (VNA) - The Zhejiang Export Fair will be held in HCM City fromDecember 3-5, showcasing the best products from the Chinese province.
Taking place at the Saigon Exhibition and Convention Centre (SECC), the fair, themed“Zhejiang Made-all need”, will feature 100 booths of well-known businesses,including Alibaba, the global e-commerce ground founded in 1999 bybillionaire Jack Ma.
This year's event will see bothat-site and remote booths for the first time so foreign businesses canparticipate in the event, ensuring safe trade connection between enterprisesduring the COVID-19 pandemic.
It is expected to offer anopportunity for businesses to seek partnerships, thus boosting economic andtrade relations between Zhejiang province and Vietnam.
During the fair Alibaba will hold a separate workshop themed 'Post-COVID 19 -Grasping the global opportunities with Alibaba.com' on December 4,creating opportunities to interact with leading e-commerce speakers.
The workshop will help Vietnamese exporters who want to expand beyondborders, the organiser said.
Zhejiang is a coastal province located in southeast China. It has posted rapideconomic growth in recent years and boasts economic relations with more than230 countries and territories around the world.
In2019, the province's import and export turnover reached 468 billion USD,up 8.1 percent over the same period the year before. Although Zhejiang has beenheavily impacted by COVID-19, from January to July, its total import and exportvalue reached 257.2 billion USD, up 2.3 percent year-on-year.
In the first half of this year, Zhejiang's imports and exports to ASEANincreased by 16.31 percent, of which imports from ASEAN increased by 17.19 percent,and exports to ASEAN rose by 15.85 percent.
The three-day fair, organised by the Vietnam National Trade Fair &Advertising Company (Vinexad) and the Department of Commerce of Zhejiang province,is expected to attract 6,000 visitors./.
Another Vietnamese factory has been granted with a transaction code to export dairy products to China, according to the Asia-Africa Market Department under the Ministry of Industry and Trade.
Vietnamese Deputy Minister of Agriculture and Rural Development Le Quoc Doanh on August 5 worked with Commercial Counsellor of the Chinese Embassy in Vietnam Hu Suo Jin to boost exports of farm produce, especially longan, to China.
Vietnam and China should extend the working hours for customs clearance at border gates and restore cross-border trade at markets along the border, Le Hoang Oanh, Director of the Ministry of Industry and Trade (MoIT)’s Asia-Africa Market Department, told an online meeting on August 13.
Although the COVID-19 pandemic has weighed heavily on the global economy, members of the Association of Southeast Asian Nations (ASEAN) and China have seen economic exchanges heat up, including surging trade and investment inflows, thanks to deepened bilateral economic ties.
Vietnamese Ambassador to China Pham Sao Mai met with officials of the Communist Party of China (CPC) in Chongqing city and Sichuan province during his working visits to the two Chinese localities on November 24.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Visitors at the Zhejiang Export Fair in Vietnam held in 2019 (Photo courtesy of Vinexad) 
