China Business Association Vietnam
We work closely together with the royal dutch embassy consulate general the dutch trade promotor nlinbusiness the vietnamese authorities the vietnamese chamber of commerce and the european chamber of commerce.
China business association vietnam. We have around 100 members in vietnam and are expanding. The influx of foreign direct investment into vietnam has made it one of asia s fastest growing economies growing by seven percent in 2019. We have formed a small and reliable collective of dutch and vietnamese.
Take cima china instrument manufacturers association as an example it has more than 851 members at present among them 756 are the real factories and 56 institutes or r d centres 17 college or schools etc. Sourcing at local industry association is one of the best ways to look for some qualified suppliers in china. In the first six months of this year asean became china s largest trade partner for the first time with a bilateral turnover of 300 billion usd 20 percent of which was contributed by vietnam.
There are many factors which help the country with a population of around 10 crores in attracting new companies. The china asean business association caba is a non governmental and non profit organization that has been established to build business trade and investment opportunities in the thriving asean. Tung shing has sales services offices in hong kong guangzhou china vietnam and yangon myanmar now with over 300 staffs.
Most of these companies are shifting to vietnam a communist country to the south of china with a long sea coast facing the busy south china sea. Chan tung is also one of the honorary chairman of hong kong business association vietnam. Vietnam s strategy for standing up to beijing is to work with other regional countries through the association of southeast asian nations or asean o brien said.
It has geographical and cultural proximity with the communist giant and even the political system is similar a single party communist. 1 ho chi minh city visit website. The association objective is to strengthen two way investment between hong kong and vietnam for business and trade.