Vietnam, China boost ties in technology transfer

Ministries of science and technology of Vietnam and China jointly held a symposium on technology application and transfer on Monday.

As part of activities in celebrations of the Vietnam-China Friendship Year and the 60th anniversary of Vietnam-China diplomatic ties, the seminar aims to further bolster cooperation between the two countries in the field.

The seminar offered the two sides an opportunity to exchange information and experiences in the promotion of technology transfer and transaction. It also helped intermediary organizations seek out cooperative opportunities.

The participants at the event touch upon the role played by intellectual property and its impacts on the process of technology transfer and application. They proposed the setting up of an information network of science and technology between the two countries.

Addressing the seminar, Vietnamese Deputy Minister of Science and Technology Nguyen Quan spoke highly of cooperative ties between the two nations as well as the achievements China has recorded in the field of science and technology after more than 30 years of renovation.

He put stress on the need to regularly organize similar seminars to deepen cooperation between the two sides in the area.

Vietnam and China have so far established information networks of science and technology, between governmental agencies, research institutes, enterprises and intermediary organizations.

A project, which has been carried out since 2002 by the two countries and focuses on the expanding of typical technologies in agriculture, has developed nearly 80 varieties of rice and vegetables for planting on a trial basis at the Hanoi University of Agriculture.

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VN, China talk economic, trade cooperation

A seminar on trade and economic cooperation between Vietnam and China
was held in HCM City on September 24, offering an opportunity for
businesses from HCM City and Guangdong province’s Zhuhai city to boost
bilateral trade and investment cooperation.

The
seminar, co-organised by the Vietnam Chamber of Commerce and Industry
(VCCI), HCM City branch and China-ASEAN Business Council (CABC), drew
the participation of 50 entrepreneurs from Zhuhai city operating in such
areas as electricity, electronics, biology, pharmaceuticals,
garment-making equipment, household utensils, environmental
technology and chemicals.

More than 100 representatives of VCCI member businesses also took part in the event.

According to VCCI Vice President Doan Duy Khuong, Vietnam and
Guangdong have promoted each other’s strengths in economic, trade and
investment cooperation. They are striving to raise their two-way trade
to 5 billion USD in the next three years.

The CABC
Deputy Secretary-General, Xu Ningning, said China has maintained its
position as Vietnam’s largest trade partner for six consecutive years.

Vietnam and China see great potential for economic and trade
cooperation as more and more Chinese businesses are interested in
investing in the Vietnamese market, he said./.

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China cassava traders seek partners

More than 30 Chinese cassava importers and suppliers of cassava processing technology have met local businesses in Ho Chi Minh City to exchange information and seek business partners.

The meeting was arranged by the Trade Promotion Agency under the Ministry of Industry and Trade, the China Trade Office in Vietnam , the China Cassava Starch Industry Association and the Vietnam-China Trade Promotion Centre.

Cassava, an edible root, has become an increasingly profitable export for Vietnam due to growing demand in foreign markets, said Le Xuan Duong of the Trade Promotion Agency.

Mainland China is the biggest importer of Vietnamese cassava, accounting for 90 percent of the industry's export volume, followed by the Republic of Korea and Taiwan , Duong said.

With the huge demand for cassava used to produce food, animal feed and ethanol-blended petrol, China every year needs to import more than six million tonnes of cassava to meet its production needs, he said.

Vietnam has more than 500,000ha under cassava cultivation and an output of more than nine million tonnes of fresh cassava a year.

Of this, it annually exports more than four million tons after meeting domestic demand.

Vietnam 's cassava exports are mostly starch powder and dried chips, Duong said.

Last year, the country earned US$800 million from cassava exports, double that of pepper shipment revenues.

However, Vietnam was only able to export 1.14 million tons of cassava worth $307 million in the first six months of this year, down 52.4 percent in volume and 12.8 percent in value compared to the same period last year.

Duong attributed this decline mainly to local traders setting prices too high, pushing importers to buy from other countries.

Wen Yu Ping, Chairwoman of the China Cassava Starch Industry Association, said China was a huge market for cassava chips and starch, but most cassava products in Vietnam were produced on a small-scale, making it difficult for Chinese importers to purchase in large volumes. She suggested that the Vietnamese Government regulates standards for cassava export and reduce the number of brokers involved in purchasing the products. These measures will facilitate import, export activities between two sides, she said.

Until recently, people were reluctant to grow cassava because they thought that it caused soil degradation and generated low profit, said Tran Cong Khanh, an expert from the Institute of Agricultural Science for Southern Vietnam .

The situation has changed after the introduction of new cultivation techniques and high-yielding varieties, he added.

Cassava is now an important source of income for small farmers in many provinces, Khanh said.

Cassava area and output have increased strongly in the last decade, from 234,000ha in 2000 to 560,000ha in 2009, with yields increasing from 8.6 tonne per ha in 2000 to 16.8 tonne per ha in 2009.

The crop has helped farmers in many areas escape poverty, Khanh said.

But the rapid development of cassava production has also raised environmental concerns because the soil is exhausted after two or three crops.

The sector therefore needs to adopt appropriate cultivation techniques to maintain output and protect the soil, Khanh cautioned.

 

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Vietnam Days in China offers cooperation opportunities

The Vietnamese Days in China program taking place from August 29-September 3 is to offer more opportunities for Vietnamese firms to set up and increase investment and cooperative ties with major groups from China and other Asian countries.

The program, held by the Vietnam Chamber of Commerce and Industry (VCCI), also aims to promote the national image and to strengthen comprehensive political, diplomatic, cultural and economic ties between Vietnam and China.

The event includes a Vietnam-China economic forum, a trade and investment forum, a business-to-business meeting and a photographic exhibition called “ Vietnam – its land and people”.

The event is attended by Vietnamese Minister of Culture, Sports and Tourism, Hoang Anh Tuan and leaders from Vietnamese ministries, departments and provinces as well as Chinese businesses operating successfully in Vietnam.

Representatives from more than 100 Vietnamese businesses also take part in the event to conduct research into the market, and seek partners to expand their business.

A number of cooperation agreements and economic contracts are expected to be signed during the program.

 

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Vietnam, China boost trade cooperation

Industry and Trade Minister Vu Huy Hoang held talks with his Chinese counterpart Chen Deming in Hanoi Monday on bilateral cooperation in economics and trade, as well as at regional and multilateral forums.

The two ministers reviewed recent trade developments as trade turnover between the two countries exceeded US$20 billion in 2009. By July this year the figure had hit over $13 billion and it is expected to reach the target of $25 billion by the end of the year.

They agreed to encourage localities along the common border to continue to boost exchanges and cooperate in the fight against smuggling and trade fraud to ensure a healthy and stable trading environment.

Both parties plan to speed up the completion of a feasibility study on cross-border economic cooperation zones, especially the Dong Dang-Pingxiang zone.

Minister Hoang asked the Chinese delegation to encourage their enterprises to import goods from Vietnam and to create the best possible conditions for Vietnamese exporters.

The two countries agreed to boost trade promotions, jointly organise a range of activities to celebrate the “Vietnam-China Friendship Year 2010” and support each other at multilateral forums.

The Chinese side said China supports Vietnam in its role as Chair of the ASEAN Economic Ministers’ meetings in 2010 and at the G20 Forum as ASEAN Chair.

In term of industrial cooperation, Vietnam has asked China to encourage major enterprises to invest in Vietnam .

The Chinese delegation revealed that they will soon approve a preferential loan to Vietnam for the building of several major industrial projects, including the Vinh Tan Thermal Power Plant 2.

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Vietnam, China boost trade cooperation

Industry and Trade Minister Vu Huy Hoang held talks with his Chinese
counterpart Chen Deming in Hanoi on August 23 on bilateral
cooperation in economics and trade, as well as at regional and
multilateral forums.

The two ministers reviewed recent trade
developments as trade turnover between the two countries exceeded 20
billion USD in 2009. By July this year the figure had hit over 13
billion USD and it is expected to reach the target of 25 billion USD by
the end of the year.

They agreed to encourage localities along
the common border to continue to boost exchanges and cooperate in the
fight against smuggling and trade fraud to ensure a healthy and stable
trading environment.

Both parties plan to speed up the completion
of a feasibility study on cross-border economic cooperation zones,
especially the Dong Dang-Pingxiang zone.

Minister Hoang asked the
Chinese delegation to encourage their enterprises to import goods from
Vietnam and to create the best possible conditions for Vietnamese
exporters.

The two countries agreed to boost trade promotions,
jointly organise a range of activities to celebrate the “Vietnam-China
Friendship Year 2010” and support each other at multilateral forums.

The
Chinese side said China supports Vietnam in its role as Chair of
the ASEAN Economic Ministers’ meetings in 2010 and at the G20 Forum as
ASEAN Chair.

In term of industrial cooperation, Vietnam has asked China to encourage major enterprises to invest in Vietnam .

The
Chinese delegation revealed that they will soon approve a preferential
loan to Vietnam for the building of several major industrial
projects, including the Vinh Tan Thermal Power Plant 2./.

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Vietnam-China trade fair to draw large attendance

Around 200-250 Vietnamese businesses are expected to participate in the annual China-Vietnam Border Trade Fair 2010 in November

Around 200-250 Vietnamese businesses are expected to participate in the annual China-Vietnam Border Trade Fair 2010, which will be organized at China’s Hekou border gate from Nov. 26-30.

Le Tien Dung, Director of the Trade Promotion Centre of the northern border province of Lao Cai said the fair will serve as an opportunity for Vietnamese localities and companies to promote their products, expand markets and seek partners in China’s southern provinces, especially in Yunnan .

The fair will also form part of celebrations for the 60th anniversary of diplomatic relations between the two nations.

Within the framework of the event, there will be cooperation talks between Lao Cai and Yunnan provinces and seminars for businesses to seek partners and introduce projects calling for investment in the two provinces.

A wide range of achievements in friendly and cooperative relations between Vietnam and China as well as between Lao Cai and Yunnan provinces will also be showcased.

This year’s fair, the 10th of its kind, will be the largest-ever event, with some 800-1,000 booths displaying agricultural and aquatic products, machinery and equipment, construction materials, chemicals, consumer goods, electronic and refrigeration products, household utensils, garments, wooden and craft products.

 

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