Chinese ambassador to Vietnam Xiong Bo delivers a speech at the ceremony to announce the export of Vietnam's first batch of milk products to China in Hanoi, capital of Vietnam, Oct. 22, 2019. A launching ceremony was held in Hanoi on Tuesday to announce the export of Vietnam's first batch of milk products to China under a protocol signed earlier this year. (Xinhua/Wang Di)
HANOI, Oct. 22 (Xinhua) -- A launching ceremony was held in Hanoi on Tuesday to announce the export of Vietnam's first batch of milk products to China under a protocol signed earlier this year.
On Oct. 16, the General Administration of Customs of China officially announced its approval for the import of milk products from Vietnam. TH Group, a local leading dairy producer became the first Vietnamese enterprise granted transaction codes to export milk products to China.
Delivering a speech at the ceremony, Vietnamese Minister of Agriculture and Rural Development Nguyen Xuan Cuong said that China, with a population of nearly 1.4 billion people, is a huge market with tremendous potential and has great demand for agricultural products such as dairy ones.
As a neighboring country, Vietnam also needs many products in which China has production advantages. The two countries' agricultural products are mutually complementary, and it is expected that in the near future, more Vietnamese companies will be allowed to export agricultural products to the Chinese market, Cuong noted.
Xiong Bo, Chinese ambassador to Vietnam, said at the ceremony that the realization of Vietnamese dairy exporting to China is an important achievement in economic and trade cooperation between the two countries.
China and Vietnam have been strengthening cooperation in fields such as trade and economy, said the ambassador, adding that the parties and governments of both countries attach great importance to developing agriculture and improving people's livelihood.
"We hope that the two sides will work together to fully promote the complementary advantages of mutually beneficial cooperation in various fields," Xiong said.
At the ceremony, TH Group signed a memorandum of cooperation with its Chinese partner, the Wuxi Jinqiao International Food City Co., Ltd.
Yu Huanchun, chairman of Wuxi Jinqiao International Food City told Xinhua that his company has carried out preliminary market operations for half a year, and is confident to complete the first batch of the sales contract worth 10 million U.S. dollars as scheduled.