China’s Zhejiang province will showcase its products at a trade fair to be held at the Hanoi International Centre for Exhibition on May 16-18.
On display are 200 stalls from 150 leading Chinese companies in the fields of machinery, electricity, electronics, building materials, interior decoration, garment accessories and household commodities.
The stalls are expected to highlight the potential and advantages of businesses from Zhejiang province, which is placed 4th in China in terms of economic development.
In particular, the fair offers the chance for Vietnamese’s garment makers to choose high-quality materials at competitive prices. It also provides a good opportunity for trade exchange between Vietnamese and Chinese businesses.
So far, 153 businesses from Zhejiang province have invested in Vietnam, with total capital of $390 million. Meanwhile, Vietnamese businesses have 23 investment projects in the Chinese province, worth $22 million.
Zhejiang mainly exports cotton fibre, garment accessories, and pharmaceutical products to Vietnam, and imports coal, crude oil, and natural rubber.