Vietnam and China’s Guangdong province should expand cooperation in trade, investment and economic activities, according to Deputy Prime Minister Trinh Dinh Dung.
Overview of the meeting. Source: VGP.
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Dung highly regarded Guandong’s socio-economic achievements and hoped to enhance practical cooperation and friendship between Vietnamese ministries, sectors, and localities with the Chinese province.
Dung suggested Guangdong and Vietnamese localities increase exchanges of delegations and focus on result-oriented cooperation.
Ouyang Weimin said Guangdong gives priority to a comprehensive partnership with Vietnamese localities, citing the geographical proximity and large scale markets with high complementarity are decisive factors for greater cooperation between Vietnamese localities and Guangdong.
Ouyang Weimin expressed his commitment to closely working with Vietnamese agencies and provinces in boosting cooperation in trade and investment, creating favorable conditions for Vietnamese goods and products to penetrate its market.
With a population of nearly 114 million, Guangdong is the Chinese province having the largest trade turnover with Vietnam.
In 2018, the bilateral trade turnover reached US$37.16 billion, up 34.2% year-on-year, accounting for 25.1% of Vietnam – China trade turnover.
