HCM City , May 16 (VNA) – The 3 rd Zhejiang Export Fair opened on May 16 in Ho Chi Minh City with the participation of 114 businesses from the Chinese province of Zhejiang .
The 3-day fair aims to boost economic and trade ties between Vietnam and Zhejiang , which has the biggest economy in China .
The participants are among China ’s top 500 businesses with outstanding trademarks such as Deyi, Aokang, Tianxi and Longyuansifang.
The businesses are showcasing machinery; electronics; construction materials; products made from gold, silver, copper, iron and tin; textiles and garments; and decorative materials in 150 booths.
In 2012, Zhejiang-Vietnam two-way trade reached 3.45 billion USD. The Chinese province exported textile fabric, garments, steel and pharmaceuticals to Vietnam while importing textile fabric, apparels, crude oil, rubber latex and raw plastic products.
In the same year, Vietnam funded 24 projects in the province with total capital of 22 million USD. Zhejiang had 164 projects worth 450.4 million USD in the country.
Vietnam News Agency
