Vietnam, China boost economic cooperation

Vietnam and China have discussed aid for Vietnam as well as future bilateral and multilateral economic and trade cooperation.

At the seventh session of the Vietnam-China Committee for Economic and Trade Cooperation in Hanoi on April 19, the two sides informed each other of the development of trade cooperation since the sixth session.

They noted that two-way trade exceeded US$27 billion in 2010, higher than the planned target of US$25 billion set by the two countries’ leaders.

The two sides reached agreement in areas of mutual concern, such as the imbalance of trade between the two countries, border economic cooperation, the establishment of a mechanism for the exchange of information and experience between the two countries’ relevant agencies and China’s preferential credits for Vietnam’s projects in infrastructure, transport, healthcare and personnel training – VOV

Tags: Vietnam China cooperation

Posted by VBN on Apr 20 2011. Filed under Int'l Cooperation. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry