On the morning of December 4, the Vietnam Logistics Services Business Association (VLA) held a meeting to seek business cooperation opportunities for members with the business delegation of the China International Freight Forwarders Association. (CIFA).
Coming to Vietnam to explore the market and business cooperation partners, the CIFA delegation was led by Ms. Julia Zhao, the Association’s foreign affairs manager, and 9 logistics businesses. Welcoming the CIFA delegation were Mr. Dao Trong Khoa, Standing Vice President of VLA, Ms. Vo Thi Phuong Lan, Member of the Executive Committee of the Association and 17 VLA member businesses interested in the Chinese market. At the meeting, the two Associations mainly spent time for members to introduce the company, especially business activities and market development plans for Vietnam (for Chinese businesses) and China. (for Vietnamese businesses). In just about 2 hours, the networking meetings took place enthusiastically and effectively. A representative of Penguin Logistics (Vietnam) company said that businesses attach great importance to business connection sessions like this, B2B meetings like today are very effective, this is an important foundation for the unit to develop. future business. A representative of Topwinner Transportation Limitit (China) said that face-to-face meetings like this help the company learn about partners conveniently and effectively. This company is currently in need of business development and Looking for partners in the Vietnamese market.
For many years, China has always been the market with the largest import-export turnover of Vietnam. In the first 9 months of 2023 alone, two-way trade between Vietnam and China has exceeded 120 billion US dollars. China is the only export market among Vietnam’s major export markets to achieve positive growth (up 2.1%), while other major markets all decreased. China is also the second largest FDI investor in Vietnam while Vietnam is also China’s fourth largest trading partner (behind only the United States, Japan and South Korea). Therefore, the opportunity for business cooperation between Vietnamese and Chinese logistics enterprises is considered huge by both VLA and CIFA, and both associations believe that today’s meeting is the perfect start. for subsequent B2B business networking meetings.