Chinese trade fair to take place in HCM City next month

Visitors at the Zhejiang Export Fair in Vietnam held in 2019 (Photo courtesy of Vinexad)

Hanoi - The Zhejiang Export Fair will be held in HCM City from December 3-5, showcasing the best products from the Chinese province.

Taking place at the Saigon Exhibition and Convention Centre (SECC), the fair, themed “Zhejiang Made-all need”, will feature 100 booths of well-known businesses, including Alibaba, the global e-commerce ground founded in 1999 by billionaire Jack Ma.

This year's event will see both at-site and remote booths for the first time so foreign businesses can participate in the event, ensuring safe trade connection between enterprises during the COVID-19 pandemic.

It is expected to offer an opportunity for businesses to seek partnerships, thus boosting economic and trade relations between Zhejiang province and Vietnam.

During the fair Alibaba will hold a separate workshop themed 'Post-COVID 19 - Grasping the global opportunities with Alibaba.com' on December 4, creating opportunities to interact with leading e-commerce speakers.

The workshop will help Vietnamese exporters who want to expand beyond borders, the organiser said.

Zhejiang is a coastal province located in southeast China. It has posted rapid economic growth in recent years and boasts economic relations with more than 230 countries and territories around the world.

In 2019, the province's import and export turnover reached 468 billion USD, up 8.1 percent over the same period the year before. Although Zhejiang has been heavily impacted by COVID-19, from January to July, its total import and export value reached 257.2 billion USD, up 2.3 percent year-on-year.

In the first half of this year, Zhejiang's imports and exports to ASEAN increased by 16.31 percent, of which imports from ASEAN increased by 17.19 percent, and exports to ASEAN rose by 15.85 percent.

The three-day fair, organised by the Vietnam National Trade Fair & Advertising Company (Vinexad) and the Department of Commerce of Zhejiang province, is expected to attract 6,000 visitors.