Lao Cai inaugurates the 23rd Vietnam-China International Fair.

Báo Tài nguyên Môi trường•11/11/2023

The 2023 Vietnam-China International Trade Fair is an activity within the framework of the 2023 National Trade Promotion Program, organized by the Trade Promotion Department - Ministry of Industry and Trade , the Department of Industry and Trade of Lao Cai province, in coordination with the Honghe Prefecture Commerce Bureau and the People's Government of Hekou County, Yunnan Province (China).

Speaking at the opening ceremony, Mr. Hoang Quoc Khanh, Vice Chairman of the People's Committee of Lao Cai province, emphasized that Lao Cai (Vietnam) and Yunnan (China) are two localities sharing a common border and have a long-standing traditional friendship.

Delegates perform the opening ceremony of the 23rd Vietnam-China International Trade Fair, 2023.

Over the years, the cooperative relationship between Lao Cai and Yunnan has been nurtured and strengthened by the Party Committees, Governments, and people of both provinces, following the motto "Friendly neighborliness, comprehensive cooperation, long-term stability, and a future-oriented approach." This aligns with the spirit of "good neighbors, good friends, good comrades, and good partners" set forth by the high-level leaders of both countries. Together, we strive to become a model of friendly cooperation between localities of Vietnam and China, contributing to deepening the comprehensive strategic partnership between Vietnam and China in the new era.

Over the years, both Lao Cai and Yunnan have continuously made efforts and initiatives to cooperate in order to promote the socio-economic development of each side.

1(1).jpg — Many outstanding cultural performances from both Vietnam and China were presented at the opening night.

Import and export turnover through the Lao Cai-Ha Khau border gate has increased rapidly. According to statistics, export turnover between Yunnan and Vietnam in 2022 was US$3.25 billion, and trade turnover in the first nine months of 2023 was US$1.88 billion. The number of tourists passing through the border gate has increased by an average of over 20% per year. Cooperation in agriculture, education, health, culture, sports, crime prevention, and ensuring border security and order between the two sides has yielded many positive results.

The trade fair, jointly organized by Lao Cai and Yunnan provinces on a rotating basis since 2001, has become one of the important trade promotion activities.

4(1).jpg — Thousands of people from Vietnam and China attended the fair.

The scale of the fair has continuously expanded, the quality has steadily improved, and it has attracted participation from other countries. The fair is not only significant for economic and trade exchanges between Lao Cai and Yunnan provinces, but also serves as a bridge to promote cooperation and development between provinces and cities along the "Kunming-Lao Cai-Hanoi-Hai Phong-Quang Ninh" economic corridor, and between Vietnamese provinces and cities and the Southwest region of China.

This year's trade fair features a total of 529 standard booths and 88 exhibition areas, including: 156 standard booths from 109 enterprises from 8 provinces and cities of China and 44 exhibition areas from China. 24 booths from 11 enterprises from 8 third countries.

3(1).jpg — The 23rd Vietnam-China International Fair featured 529 booths from 8 provinces and 8 countries showcasing their products.

The Vietnamese side has 349 standard booths from 165 businesses from 50 provinces/cities nationwide and 44 exhibition areas.

In addition, this fair also features: a 1,200m2 Ornamental Plants Exhibition Area; a 1,450m2 Automobile Exhibition Area; a 245m2 “Dien Viet” Exhibition Area; a 120m2 Lao Cai Tourism Exhibition Area; a 120m2 Hong Ha Tourism Exhibition Area; and a 560m2 Food Court.

The fair also included activities such as: economic and trade cooperation talks between Lao Cai and Yunnan provinces; and a business networking conference and contract signing between Vietnamese and Chinese enterprises. Within the framework of the conference, 84 Vietnamese and Chinese enterprises participated and signed economic contracts worth nearly 500 million USD.

Within the framework of the fair, many activities took place, such as business networking conferences and economic and trade cooperation talks.

In addition, during this visit, the Chinese delegation also surveyed industrial production facilities, border economic zones, and key tourist areas in Lao Cai province.

The 23rd Vietnam-China International Trade Fair will conclude on November 15, 2023.

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