Business

Argentine firms take interest in Vietnamese market

FECOBA – the federation of commerce and industry of Buenos Aires and Argentina’s confederation of enterprises CAME recently organised a workshop on trade opportunities with Vietnam in Argentina.
Argentine firms take interest in Vietnamese market ảnh 1Scene at the workshop (Photo: VNA)


Argentina (VNA) – FECOBA – the federation of commerce and industry of Buenos Aires and Argentina’s confederation of enterprises CAME recently organised a workshop on trade opportunities with Vietnam in Argentina.

The workshop, themed “Vietnam – a strategic nation”, gathered businessmen from the host country as well as Colombia, Peru and Uruguay.

Speaking at the event, economic expert Guillermo Perez Cena stressed trade between Vietnam and Argentina has gained momentum in recent years. Argentina is one of the three Latin American countries (together with Mexico and Brazil) with trade value with Vietnam exceeding 1 billion USD.

In 2015, two-way trade hit more than 2.5 billion USD, up 34 percent from 2014.

Cena talked about Vietnam’s economic growth and integration progress, noting that this is a potential market for Argentine exporters of animal feed, vegetable oil, wine, grain, meat, fruit, pasteurised milk and medicine.

Argentina can import various commodities from Vietnam, particularly footwear, rice, garment-textile, coffee, rubber, pottery, plastic and woodwork products, he added.

Representatives from the Vietnam Embassy in Argentina informed attendants of Vietnam’s over-6.7-percent average growth rate in more than two decades and the country’s preferential policies for foreign investors.

They also answered several questions related to Vietnam-Argentina ties and visa application procedures.-VNA

VNA
#trade opportunities #trade value #two-way trade #Vietnam-Argentina ties Argentina Vietnam
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