Vietnam, China to hold online conference on agricultural trade

An online conference on agricultural product trade between Vietnam and China will be held on June 16-17.

An online conference on agricultural product trade between Vietnam and China will be held on June 16-17.

 

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The Department of Trade Promotion of Vietnam will co-operate with China Council for Promotion of International Trade (CCPIT) in Shandong Province to organise the conference to boost agricultural trade and make a bridge to connect traders in Vietnam and Shandong Province.

About 60 firms will attend the conference and discuss specific topics and problems. Products that will be introduced at the conference will include agricultural products, processed food, confectionery and beverage.

According to the Ministry of Industry and Trade, Shandong has been a leading province in China in agriculture. With a population of 107 million people, Shandong also has diverse demands for various kinds of food.

Statistics from General Administration of Customs of China show that in 2019, Shandong's foreign trade turnover reached USD281bn for the first time, in which USD156.3bn are from exporting and USD130,8bn are from importing.

Seafood sales growth rate in Shandong was 14.9%, and 40.7% for fresh and dried fruits consumption growth rate. Last year, Shandong imported USD4.93bn worth of food, in which USD2.42bn was for meat.

Even though Covid-19 has been controlled in both Vietnam and China, trade is still very difficult. The online conference aims to solve the problems and boost the agricultural trade for both countries.