Promoting Vietnam - China (Guangdong) investment cooperation: Signing 7 projects worth 470 million USD

(HTV) - The Vietnam - China (Guangdong) investment and trade cooperation conference opened up many connection opportunities, with 7 cooperation projects worth 470 million USD signed directly.

Vice Chairman of Ho Chi Minh City People's Committee Nguyen Manh Cuong attended and spoke at the conference.

Seven cooperation projects in the fields of technology, automobiles and transportation, with a total value of 470 million USD, were signed directly at the Investment and Trade Cooperation Conference between Vietnam and China (Guangdong). Comrade Nguyen Manh Cuong, Member of the Standing Committee of the City Party Committee, Vice Chairman of the People's Committee of Ho Chi Minh City, attended and spoke at the conference.

Speaking at the event, Vice Chairman of the Ho Chi Minh City People's Committee Nguyen Manh Cuong emphasized that Vietnam and Guangdong province have increasingly close ties, converging all the elements that complement each other in the development process. Vietnam has a strategic position, abundant labor resources and is promoting investment attraction; while Guangdong has strengths in technology, capital and a large market network.

Exciting working atmosphere at the Vietnam - China Investment and Trade Cooperation Conference

"This is the foundation for the two countries in general and the two localities in particular to move towards strategic, long-term and sustainable cooperation," Comrade Nguyen Manh Cuong affirmed. Ho Chi Minh City leaders are committed to creating all favorable conditions in terms of administrative procedures, land funds, human resources, while prioritizing the promotion of projects with large spillover effects, being environmentally friendly and in line with the city's green and smart development strategy.

Speaking at the conference, Deputy Governor of Guangdong Province Truong Quoc Tri said that in 2024, Guangdong's GDP exceeded 14 trillion yuan, continuing to be Vietnam's largest provincial-level trading partner in China. Bilateral trade turnover between Guangdong and Vietnam accounts for more than 1/5 of the total trade turnover between the two countries. Currently, the province has 31 key manufacturing industries, of which 17 enterprises are in the list of the world's top 500 corporations.

Signing of 7 cooperation projects with a total value of 470 million USD between businesses of both sides

This conference is an opportunity for both sides to share new investment and trade trends, expand cooperation space and connect potential partners in many fields. At the end of the conference, the two sides successfully promoted 22 cooperation projects, with a total value of 1.5 billion USD, contributing to strengthening the comprehensive cooperation relationship between Vietnam and China to be increasingly effective and practical.

The conference opens up opportunities for sustainable cooperation, towards green and smart development.

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Source: https://htv.com.vn/thuc-day-hop-tac-dau-tu-viet-nam-trung-quoc-quang-dong-ky-ket-7-du-an-tri-gia-470-trieu-usd-222251030190024912.htm