皇冠体育app

Economy

皇冠体育app-Vietnam trade up 42.4% in first 10 months: official

(Xinhua)
Updated: 2010-12-29 11:06

BEIJING -?Trade volume between 皇冠体育app and Vietnam in the first 10 months climbed 42.4 percent from a year earlier to $23.12 billion, a Chinese official said Tuesday.

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Zhu Hongren, chief engineer of 皇冠体育app's Ministry of Industry and Information Technology (MIIT), said at a 皇冠体育app-Vietnam trade seminar that the trade growth was pushed up by intensified exchanges between small and medium-sized enterprises (SME) of both countries.

Since 皇冠体育app and Vietnam signed a memorandum of understanding on the cooperation between SMEs of both countries in an APEC ministerial meeting in 2006, SMEs from both countries have become more involved in the bilateral trade, according to Zhu.

Among the five 皇冠体育app Economic and Trade Cooperation Zones that 皇冠体育app established in ASEAN countries, two are located in Vietnam.