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Vietnam to Have a China Mall

A band of businessmen lately left Wenzhou, Zhejiang Province, for Vietnam to open a "China Mall" in Ho Chi Minh City, another overseas commercial center launched by Chinese businessmen after those in Brazil, the United Arab Emirates and central Asian countries.

With logistic services provided by commercial departments at home, the Chinese businessmen join hands with their Vietnamese counterparts in renting a shopping center with a floorspace of 5,000 sq.m of which 1,800 sq.m will first be put to full use to start with. They are determined to promote on the Vietnamese market such competitive commodity items as garments, glasses, shoes, locks, lighters, valves, household electric appliances and motorcycle components from Wenzhou.

Ho Chi Minh City is the biggest port and commodity distribution center in southern Vietnam. A city with huge market potential, it is of great attraction to us, said Liu Zhiguang, a self-employed businessman.

The Chinese businessmen from Wenzhou have been helped by their local commercial departments with various legal procedures as of law guarantee, residence visa, license etc. in addition to many other relevant services as security, advertisement, import and export, transportation, storage, translation and other logistic services in need.

Meanwhile, following an agreement signed, they have to keep away from all possible illegal business activities or dark deeds as of tax evasion and selling shoddy goods and make it sure the good image of the motherland and its commodities on the international market be well protected.

(People's Daily 12/12/2000)


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