Mexico City (VNA) – The Western Mexican Business Council for Foreign Trade (COMCE Occidente), the Vietnamese Embassy in Mexico and the Mexico's National Bank of Foreign Trade (Bancomext) on July 29 launched a business guide to support Mexican enterprises interested in the Vietnamese market.
The 13-chapter document consists of information on Vietnam's economy and foreign trade, updates on bilateral trade, potential sectors and products, useful tools related to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), as well as contacts in Vietnam.
Speaking at the event, President of COMCE Occidente Miguel Ángel Landeros emphasised that the document provides valuable and practical information related to the business environment in Vietnam, while highlighting opportunities, challenges, and the most suitable methods to enter and expand business activities in the country.
He said that the relations between Mexico and Vietnam are being strengthened in all areas, and their trade ties will continue to grow strongly as both countries are members of the CPTPP.
Mexican Ambassador to Vietnam Alejandro Negrín said that as the CPTPP has come into effect, the business guide will further support Mexican businesses in exporting or expanding operations in the Vietnamese market.
For his part, Vietnamese Ambassador to Mexico Nguyen Van Hai affirmed that bilateral trade still has a lot of room for further development, especially as the two are large markets and have many similarities, with many products and industries complementing each other.
According to the Vietnam Trade Office in Mexico, bilateral trade turnover reached 3.1 billion USD in the first half of this year, up 22% over the same period last year, of which Vietnam’s exports to Mexico was worth 2.64 billion USD./.
