The leaders of both countries have recently reached several important agreements to step up bilateral economic and trade relations, said Tuan at the Vietnam-Guangdong Economic, Trade and Tourism Forum in Guangzhou City on August 30.
Both countries are keen to increase bilateral trade to US$60 billion by 2015, nearly doubling the figure from when China’s Vice President Xi Jinping visited Vietnam last December, added the diplomat.
More co-operation in economics, trade, culture, education-training and science-technology between Vietnam and Guangdong province in particular will help with the two countries’ development, said Tuan.
According to him, many Vietnamese ministries and provinces have signed agreements with the Chinese province and many major businesses from Guangdong are also investing and expanding their operations in Vietnam.
Import-export turnover between Vietnam and the Chinese province rose from US$2.4 billion in 2007 to US$5.8 billion in 2010.
Bilateral trade between Vietnam and Guangdong rose by 31.7% to US$7.6 billion in 2011, accounting for 21.7% of the total trade value between the two countries.
Liang Guixuan from Guangdong’s Foreign Economic Co-operation Department reviewed the developments in economic, trade and tourism co-operation between Guangdong and Vietnam, saying he hopes it will continue to grow further.
At the forum, the participants proposed that both parties create the best possible conditions for each others businesses communities.
On the day, the Vietnamese General Consulate to Guangzhou hosted a celebration of the 67th anniversary of National Day (September 2), seeing the attendance of local leaders, diplomats and many overseas Vietnamese.
