Peru catches eye of Vietnamese investors
Vietnamese business owners gathered at a round-table seminar in Ho Chi
Minh City on May 28 in search of promising deals in Peru, one of the
fastest growing economies in Latin America.
Vietnamese business owners gathered at a round-table seminar in Ho Chi
Minh City on May 28 in search of promising deals in Peru, one of the
fastest growing economies in Latin America.
The deals are expected to cover the trade, tourism, garment, agro-aquaculture, and science-technology sectors, among others.
With an annual average growth of 6.7 percent, Peru is looking to access the world’s largest markets via a series of trade agreements, said Peruvian Charge d’affaires in Vietnam Luis Tsuboyama.
The Peruvian side also pledged to assist Vietnamese investors in every possible way once they begin operating in the country.
PetroVietnam and Viettel are pouring more money in energy and media in Peru while Peru’s AJE Group has already dipped its toe into the Vietnamese beverage market.
Two-way trade between the two nations averages 100 million USD annually. Vietnam ships mainly apparel, footwear, rice and rubber products to Peru, while importing fish powder, animal oil and vegetables.-VNA
The deals are expected to cover the trade, tourism, garment, agro-aquaculture, and science-technology sectors, among others.
With an annual average growth of 6.7 percent, Peru is looking to access the world’s largest markets via a series of trade agreements, said Peruvian Charge d’affaires in Vietnam Luis Tsuboyama.
The Peruvian side also pledged to assist Vietnamese investors in every possible way once they begin operating in the country.
PetroVietnam and Viettel are pouring more money in energy and media in Peru while Peru’s AJE Group has already dipped its toe into the Vietnamese beverage market.
Two-way trade between the two nations averages 100 million USD annually. Vietnam ships mainly apparel, footwear, rice and rubber products to Peru, while importing fish powder, animal oil and vegetables.-VNA
You should also see
Vietnam posts 271.4 trillion VND in four-month tourism revenue
Vietnam’s tourism sector served over 6.2 million foreign visitors and 40.5 million domestic tourists in the first four months of this year, earning 271.4 trillion VND (nearly 10.7 billion USD) in revenue, according to the Vietnam National Authority of Tourism (VNAT).
See more
Business
Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months
Vietnam’s agro-forestry-aquatic product exports raked in some 19.06 billion USD in the first four months of 2024, up 23.7% year-on-year, the Ministry of Agriculture and Rural Development (MARD) reported.
Business
Vietnam eyes 2 billion USD in cassava exports by 2030
Vietnam targets cassava exports at around 1.8 - 2 billion USD by 2030 under a project on sustainably developing the product approved recently by the Ministry of Agriculture and Rural Development.
Business
Stock market upgrade to help Vietnam lure another 10 bln USD in investment
The elevation of the stock market to "emerging" status can help Vietnam attract an additional 10 billion USD in both direct and indirect investment, KB Vietnam Securities JSC (KBSV) reported, citing the World Bank (WB).
Business
Seminar held to promote Vietnam - Algeria economic relations
The Vietnam Trade Office in Algeria and the Chamber of Commerce and Industry of Algeria’s Annaba province have recently held a seminar to introduce the potential for trade and investment partnerships between the two countries.
Business
Demand for prime retail space on the rise in HCM City’s downtown: Savills Vietnam
Luxury brands are looking for high-quality retail space in District 1 - the downtown area of Ho Chi Minh City, according to Savills Vietnam.
