The history of economic development in Guangxi and Vietnam

A, Guangxi and Vietnam economic and trade development status and characteristics 1, Guangxi and Vietnam economic and trade development status (1) export trade and border trade development. Vietnam's 1986 "reform and opening up" since China and Vietnam have made great progress in trade. 2000-2004 Guangxi and Vietnam trade accounted for the proportion of Guangxi's foreign trade turnover in the range of 14.3%-20.9%, accounting for the proportion of the country's total trade with Vietnam, respectively, 11.8%, 10.3%, 14.9%, 14.4% and 11.2% respectively. Guangxi's trade with Vietnam ranks first in the trade with ASEAN countries. in 2005, Guangxi's trade with Vietnam reached 987 million dollars, up 31.1% year-on-year, accounting for 19% of Guangxi's foreign trade and 80% of Guangxi's trade with ASEAN. (2) The main commodities imported and exported between Guangxi and Vietnam. The structure of goods imported bilaterally has been developing continuously in the direction of diversifying commodity categories and meeting the increasing requirements of both sides. Vietnam exports about 100 kinds of goods to Guangxi, including: raw materials, fuels (crude oil, natural rubber, coal, all kinds of ores and all kinds of essential oils); food and agricultural works (pepper, peppercorns, peanuts and all kinds of tropical fruits); fresh and frozen all kinds of aquatic products (shrimps, fishes, crabs, squids, etc.) as well as daily consumer goods (handicrafts, slippers, high-grade household goods, etc.). Guangxi also exports up to 200 kinds of commodities to the Vietnamese market, such as: production lines (vertical cement furnaces, etc.); machinery and equipment (medical, transportation, agricultural machinery, etc.); raw materials (gasoline, fertilizers, cement, steel, building materials, etc.); agricultural products (fertilizers, pesticides, cereal seeds, etc.); and daily consumer goods (motorcycles, garments, children's toys, electronic products, etc.). (3) Development of mutual investment between Guangxi and Vietnam. As of the end of 2005, Guangxi in Vietnam investment projects **** 49, investment amount of 21.24 million U.S. dollars. Vietnam in Guangxi capital projects *** 18, investment amount of 15.48 million U.S. dollars. China's investment area in Vietnam has expanded from provinces and cities in North Vietnam, such as Hanoi, Hai Phong, Quang Ninh, Nam Dinh, Taiping, etc., to South Vietnam, such as See Kong and Xiaohe. Chinese investment in Vietnam is in a wide range of areas, including hotels, shopping malls, printing of food packaging, installation of civil electrical appliances, production and installation of various types of agricultural machinery, production and assembly of automobile parts, production of livestock feed.