Viet Nam-China Trade Turnover Expected to Reach US$15 billion by 2010

Viet Nam's sport shoe manufacture is among China's focuses for trading coopertion. (photo T.K)

The Vietnamese Trade Ministry recently announced that Viet Nam and China expect to raise their two-way trade turnover to US$15 billion by 2010.

The two countries' bilateral trade volume is expected to exceed US$10 billion in 2006, 4 years earlier than the planned date set by the two governments, said the Ministry.

Both countries' trade ministries agreed to build a joint website in Vietnamese and Chinese in a bid to facilitate the mutual exchange of information and further promote economic cooperation between the two countries’ businesses, particularly small-and-medium-size enterprises.

The website is to be launched on Thursday, November 16, on the occasion of Chinese Communist Party Secretary General and President Hu Jintao’s official visit to Viet Nam.

By V.L – Translated by Trong Khuong

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