Businesses seeks way to penetrate Chinese market

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VOV News English - 31 month(s) ago 2 readings 1 duplicate news

Businesses seeks way to penetrate Chinese market

(VOV) - A seminar was held in HCM City on April 26 to discuss ways for Vietnamese businesses to penetrate the Chinese market.

The event themed “Chinese market - Potential and Opportunities for Development” aimed to provide Vietnamese businesses with practical information about business activity, purchasing power, distribution networks in China as well as market research methods.

Many speakers emphasized that processed seafood and farm products play an important part in the Chinese market and through a distribution chain of 1 million supermarkets and convenient stores, Vietnamese businesses can bring them to Chinese consumers.

A senior economist Tran Duc Hanh from HCM City said that China is Vietnam’s largest importer. In the 2006-2011, the Chinese market makes up over 20 percent of the country’s total export value.

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