Businesses from Vietnam and China's Shandong province inked numerous cooperation deals at an exchange workshop in Vietnam's southern Ho Chi Minh City on Monday, according to state-run Vietnam News Agency.

Notably among them are DR-AZ group's project on coal-fuelled power plant in Vietnam and a dragon fruit purchasing project between Vietnam's Kien Sing and China's Goodfarmer, to name a few.

Vietnam offers Chinese firms copious business opportunities thanks to its dynamic market and stable trading environment, said Vietnamese Deputy Minister of Industry and Trade Nguyen Cam Tu when addressing the event.

He also suggested participating firms tap advantages like Vietnam's international standard legal system to do business.

Vietnam is plugged into global integration in view of its free trade agreements and ramped-up infrastructure. The country also serves as a springboard into other Southeast Asian markets, said the ministry official.

China's Shandong Deputy Governor Xia Geng recommended enterprises expand their production and trade in such promising fields as infrastructure and financial-banking services.

He said Vietnamese and Shandong companies should jointly conduct research and transfer technologies instead of focusing on cultivation and animal husbandry.

In 2012, Vietnam and Shandong registered 2.42 billion U.S. dollars in two-way trade, an annual rise of 17 percent. In the first half of this year, the figure reached 1.25 billion dollars, of which Vietnam exported goods worth 510 million dollars.

Shandong mainly imports foodstuff, natural rubber, crude oil, machinery, garments and seafood from Vietnam while exporting steel, electronic devices and vehicles to the country.