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Vietnam holds int'l fair to bolster commodity exchange in ASEANMonday, August 18, 2014 > 09:01:03
The 2014 International East-West Economic Corridor (EWEC) Trade and Tourism Fair was held in Vietnam's central Da Nang city on Friday, aiming to facilitate commodity exchanges among countries in the Association of Southeast Asian Nations (ASEAN).
The fair draws over 300 booths from 150 international and domestic companies, showcasing investment and trade products such as electricity, electronics, information technology, interior decoration, handicrafts, garment and textile, school equipment, stationery, tourism, food as well as investment offers for real estate projects, reported state-run radio VOV.
The event is an annual activity aiming to strengthen economic cooperation, boosting trade, tourism, investment exchanges among countries on EWEC and its international partners.
On the sideline of the fair, a conference on ASEAN community in 2015 and its impacts on regional cooperation along EWEC was organized.
Nguyen Tien Minh, director of the ASEAN department under Vietnam's Ministry of Foreign Affairs said Friday that the fair helps increase ASEAN connectivity, a priority of ASEAN during the process of establishing ASEAN economic community.
The East-West Economic Corridor is an economic development program initiated in 1998 by the Ministerial Conference of the Greater Mekong Sub-region organized in Manila, the Philippines, to promote development and integration of four countries, namely Laos, Myanmar, Thailand and Vietnam. This corridor became operational on Dec. 12, 2006.