Vietnam is taking concrete measures to accelerate export to China, aiming to reach export turnovers of 5.4 billion US dollars in 2010 and 11.1 billion US dollars in 2015, local newspaper Saigon Liberation reported Friday.
Under a recent scheme on boosting export to China in the 2007-2015 period worked out by the Vietnamese Industry and Commerce Ministry, the ministry will provide local enterprises with more export information and instruct them to do business with well-performing Chinese firms in a long-term and stable manner.
The ministry said relevant ministries should encourage and give assistance to local enterprises which engage in producing and trading large volumes of goods for the Chinese market, and improve quarantine operations at border gates to facilitate export.
Vietnam is building and implementing schemes on boosting export of specific key products to China, while probing into the possibility of exporting new items. The country will further tap enterprises owned by Chinese-Vietnamese people, and foreign retailers which can buy Vietnamese goods and then sell them in their supermarkets in China.
The country will strengthen trade and investment promotion at home and abroad targeting big Chinese traders and investors who produce goods in Vietnam and export them to China and other countries, and establish companies designated for showcasing and selling local products in such Chinese cities as Nanning, Guangzhou and Shanghai.
Under the ministry's scheme, Vietnam will import Chinese goods totaling 12.2 billion dollars in 2010 and 19.9 billion dollars in 2015.
(Xinhua News Agency August 10, 2007)
