July 27, 2018 | 20:13 (GMT+7)
Vietnam becomes largest ASEAN trade partner of China
PANO - The trade turnover between Vietnam and China rapidly increased in the first half of this year, said Commercial Counselor of the Chinese Embassy in Vietnam Hu Suojin at a press conference on July 26 in Hanoi.
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The trade turnover between Vietnam and China rapidly increased in the first half of this year. Photo for illustration: VNA |
According to the Chinese diplomat, China has overtaken the U.S. to become the largest export market for Vietnam. Meanwhile, Vietnam also surpassed Malaysia to become the largest trade partner of China in the Association of Southeast Asian Nations (ASEAN) in June 2018, he added.
Mr. Hu Suojin believed that the bilateral trade turnover between Vietnam and China would witness a tremendous breakthrough in this year.
At the event, Chen Lianqing, a representative of the China Southern Power Grid (CSG) - one of the investors of the Vinh Tan 1 thermal power plant in Binh Thuan province, provided information related to the project’s progress in accordance with the environmental standards of both countries.
Translated by Trung Thanh