Frozen tra (pangasius) fish processing line in Can Tho city (Photo: VNA) Hanoi (VNA) – A virtual trade promotion andcooperation conference for businesses of Vietnam and Mexico will be held onMarch 23-24.
Nearly 60 firms of the two countries have registered to join the event to be jointly organised by the Vietnam TradePromotion Agency (Vietrade) under the Ministry of Industry and Trade and theTrade Office in Mexico, together with the Mexican Secretariat of Economy.
It aims to help localities, firms and cooperatives supplyingagro-fishery-forestry products and foodstuff of Vietnam seek partners andchances to export to Mexico; and introduce the countries’ staples and know-howwhen entering the markets.
The conference will host sessions assisting Vietnamese firms seeking the supply of electronic devices, air conditioners, opticalinstruments and medical equipment from Mexican manufacturers.
In the first two months of 2022, Vietnam enjoyed a tradesurplus of nearly 600 million USD with Mexico, as the country shipped productsworth 673.3 million USD in the period, rising 18.5 percent from the same periodlast year.
Of note, Vietnam and Mexico are both signatories to the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP), which servesas a leverage for bilateral trade.
Vietnam has ample room to increase shipments to Mexico as its exports currently make up only 1.3 percent of the latter’s market.
Each year, Mexico imports about 900,000 tonnes of rice, 1.8billion USD worth of garment-textile and 1.1 billion USD of footwear./.
