HANOI - China's Photovoltaic (PV) Industry Association was set up on Tuesday, the first Chinese trade association established by the China Chamber of Commerce in Vietnam aimed at boosting economic and trade cooperation between the two countries.

Addressing the association's launching ceremony, Hu Suojin, commercial counselor of the Chinese Embassy, said the association could play an active role in improving the quality and level of economic and trade cooperation between China and Vietnam, and provide a positive guide for Chinese PV firms to invest and operate in Vietnam.

The growth of Chinese PV companies in Vietnam in recent years has helped the Vietnam society better understand PV industry, especially in the country's southern region, which houses many solar power stations using "Made in China" equipment designated for rural families, the newly-elected chairman of the Association Yang Yongzhi told Xinhua.

The association will enable Chinese enterprises to bring China's PV industry with more than 10 years of experience to Vietnam, helping its PV application market develop more robustly and people enjoy the benefit of solar power, said Yang, who is the CEO of Vinasolar, a large photovoltaic company in Vietnam's northern Bac Giang province.

He added that more competitive photovoltaic companies will come to Vietnam to enhance economic cooperation and understanding between the two countries in the future.