The event enables agro-forestry-fisheries suppliers to boost exports and meet with export-import and logistics companies of China’s Yunnan province. It is also meant to realise a memorandum of understanding on trade cooperation between the Lao Cai provincial Department of Industry and Trade and the trade bureau of Yunnan province signed in China’s Hekou district in January 2023.
Director of the Lao Cai department Hoang Chi Hien said despite COVID-19 last year, the total export-import value at Vietnam's border gates still surpassed 2.2 billion USD, with nearly 800,000 tonnes of farm produce passing through Lao Cai border gate.
Export-import goods through Lao Cai-Hekou international border gate are complementary to each other, with Vietnam exporting farm produce, fruits, and seafood while importing fertilizers, chemicals, and coking coal from China to serve domestic production.
Hien said the event also affords Yunnan firms a chance to evaluate the potential of farm produce production in Can Tho and adjacent localities via fact-finding trips and working sessions with local businesses and production facilities.
