Success in trade and border cooperation

The fair is one of the most important trade promotion events in the region, contributing to promoting the strategic partnership between Lao Cai province (Vietnam) and Yunnan province (China), while opening up opportunities for extensive economic cooperation between localities and businesses of the two countries.

Leaders of Lao Cai province and Hong Ha district visited booths at the fair.

This year's fair attracts 537 standard booths, including a special exhibition area of nearly 4,000 square meters.

On the Vietnamese side, there were 313 booths from 154 enterprises from 31 provinces and cities, with the participation of leaders of 19 provinces and cities.

The Chinese side left its mark with 200 booths of 153 enterprises and 79 high-ranking delegates, led by Ms. La Binh - Chief of the People's Government of Hong Ha District.

The auto show attracts visitors and business people.

In addition, 24 international pavilions from Russia, Thailand, Laos, Myanmar, South Korea and France contributed to elevating the fair to a multinational event, demonstrating the trend of comprehensive cooperation between economies.

The fair space is scientifically and modernly arranged, including areas displaying key export products, technology, cuisine, and an exhibition area of socio-economic achievements of Lao Cai province.

The highlight of this year's fair is the Megalive area, organized for the first time, combined with livestream sales on major e-commerce platforms, helping businesses directly reach a large number of customers nationwide.

In just three days, 13 businesses from 8 provinces and cities introduced 42 products online, with revenue reaching about 500 million VND. The event not only helps businesses sell products but also provides an opportunity to find long-term partners and expand cross-border cooperation networks.

The fair's appeal is also reflected in the more than 250,000 visitors and shoppers, with total sales revenue estimated at over 60 billion VND, reflecting strong purchasing power and the market's ability to consume goods.

Agricultural stalls attract many visitors and shoppers.

Many agricultural products, processed foods, handicrafts and consumer technology were positively received by visitors, especially green products, OCOP, and traditional handicrafts. This is a clear demonstration of the trend of sustainable consumption and the increasing interest in products with cultural and traditional values.

In addition to trade activities, the fair also organizes specialized seminars and a series of sideline activities, helping businesses grasp import-export policies, market requirements, quality standards and logistics.

These activities are valuable opportunities for Vietnamese and Chinese businesses to connect directly, exchange experiences, seek strategic partners and plan long-term development.

Agricultural products from provinces in the country are introduced at the fair.

OCOP products of the provinces are introduced at the fair.

Sharing about the fair, Mr. Nguyen Huy Long - Chairman of Lao Cai Province Business Association emphasized: The fair is a strategic platform to expand the network of partners and long-term investment. Enterprises take advantage of conferences to connect deeply with Chinese partners. When participating in the fair with a long-term strategy, signed agreements can become strategic partnerships, contributing to enhancing Vietnam's brand and export capacity.

On the business side, Mr. Dang Van Duc - Director of Logistics at Viettel Post Lao Cai Branch shared: The fair is an opportunity for us to introduce technology products such as robots and drones. At the same time, this is an opportunity to meet partners from Vietnam as well as other countries, sign cooperation agreements and expand the territory of operation.

The event not only helps Viettel Post promote technology but also promotes modern logistics services, connects border trade more effectively, and meets diverse and fast transportation needs.

Vietnamese and Chinese enterprises signed cooperation agreement.

Mr. Tong Kien Lam - representative of Guizhou Agricultural Group (China) shared: We participate in the fair to promote and find partners to export Chinese agricultural products to Vietnam, and at the same time want to import high-quality agricultural products and oriental medicinal herbs from Vietnam to China. This multi-dimensional trade exchange trend not only increases the value of the supply chain but also expands the two-way market between Vietnam and China.

The series of activities on the sidelines of the fair continued to bring real value. At the conference introducing investment mechanisms, policies and projects, Lao Cai province presented preferential policies for 39 special industries and 70 priority industries in the fields of high technology, supporting industry, clean agriculture and environmental protection.

Agricultural equipment and machinery of Chinese enterprises introduced at the fair.

At the same time, at the economic and trade talks between the two provinces, the import-export and trade conference between Vietnamese and Chinese enterprises, business representatives discussed legal mechanisms, customs procedures, quality standards, quarantine and proposed many priority mechanisms to facilitate trade.

The conference's outstanding results were 16 memorandums of understanding with a total value of 330 million USD, covering the fields of agriculture, industry - handicrafts, logistics and infrastructure linkage, expanding the production - consumption value chain.

Through the reporter's investigation, Chinese business representatives highly appreciated the improvement of border gate infrastructure and the scientific arrangement of booths; customers are very interested in Vietnamese agricultural products and deeply processed products.

A Chinese business booth introduces and sells mushroom products.

According to the organizers, in addition to trade activities, the fair also promotes cultural and tourism cooperation with art exchange programs, introducing tourist destinations, and experiencing ethnic culture.

Mr. Nguyen Thai Hoa - Deputy Director of the Center for Investment, Trade and Enterprise Support of Lao Cai province commented: The success of the fair is not only measured by the results of trade but also by the ability to promote culture, tourism and investment. The fair has become an important bridge, helping businesses inside and outside the province meet, exchange and expand business opportunities. At the same time, through exhibition activities, experiences and introduction of investment potential, the fair contributes to promoting the image and unique values of Lao Cai to the public.

Along with that, the smooth coordination between customs, border guards and departments and branches of both sides ensures safety, order and transparency, creating a favorable business environment for enterprises, enhancing the reputation of the fair.

Chinese enterprises introduce new technology products for production and consumption.

The success of the fair affirms Lao Cai's important role as a gateway on the Kunming - Lao Cai - Hanoi - Hai Phong - Quang Ninh economic corridor, connecting the Vietnam - ASEAN and Southwest China markets, creating a solid foundation for comprehensive and sustainable cooperation in the future.

Source: https://baolaocai.vn/thanh-cong-trong-thuong-mai-va-hop-tac-bien-gioi-post887476.html