Vietnam is a leading trade partner of China’s Guangzhou city, Guangdong province, in ASEAN, said Luo Zheng, director of the Comprehensive Division of the Commission of Commerce of the municipal government, on July 4.
In a press conference on the development
of Guangzhou, Zheng said two-way trade between Vietnam and Guangzhou rose by
10.2% to US$2.8 billion in 2016.
Guangzhou shipped to Vietnam US$1.83
billion worth of commodities last year, a year-on-year increase of 12.3%,
doubling Vietnam’s exports to the city which was estimated at US$970 million,
up 6.5%.
It made Vietnam the second largest trade
partner of Guangzhou in ASEAN, after Malaysia who reported US$3.48 billion in
trade with the Chinese city.
The future is even brighter for the two
sides when the bilateral trade hit US$1.83 billion in the first five months of
2017, up 82.2% year-on-year, surpassing Malaysia. Guangzhou continued to enjoy
a trade surplus of US$970 million, with exports to Vietnam worth US$1.4
billion, during the period.
According to Zheng, Guangzhou
established four new enterprises in Vietnam last year; and by May 2017, the
city has had 21 new businesses, bringing its total investment in the country up
to approximately US$50 million.
Meanwhile, as of May, Vietnam has
established nine companies in Guangzhou, raising the total investment in the
city to US$6.48 million.
Guangzhou and Guangdong have closely
coordinated with Vietnam’s localities, businesses and business associations to
build foundation for the bilateral trade and cooperation between the two sides,
Zheng affirmed.
Source: VNA
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.
Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.
Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.
