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Vietnam-China intl trade fair yields economic deals

The 2017 Vietnam-China International Trade Fair in Vietnam's northern Lao Cai province has concluded, with eight economic contracts worth over $258.3 million signed, the provincial authorities said on Thursday.

The fair, which wrapped up on Wednesday, lured over 100,000 visitors to more than 800 booths of 315 firms that made combined sales of over 40 billion Vietnamese dong (nearly $1.8 million) during the six-day event.

Of the 315 firms, 110 are from China, showcasing such products as machines, electronic appliances, consumer goods, garments, footwear and farm produce at 211 booths.

Besides Chinese and Vietnamese enterprises, the trade fair attracted 36 companies from South Korea, Thailand, Laos and Ghana.

Trade and investment promotion seminars, business networking sessions and ornamental plant and animal exhibitions were also held during the fair.

Lao Cai currently houses 15 Chinese-invested projects totaling $392 million, the provincial Department of Planning and Department said.