Business

Forum helps enhance trade ties between ASEAN, Argentina

A business forum was held by the Southern Common Market (MERCOSUR) ASEAN Chamber of Commerce (MACC) and Argentina’s Santa Fe province on October 10 to enhance trade exchanges between South American countries and ASEAN member states.

At the business forum held by the MERCOSUR ASEAN Chamber of Commerce (MACC) and Argentina’s Santa Fe province on October 10. (Photo: VNA)
At the business forum held by the MERCOSUR ASEAN Chamber of Commerce (MACC) and Argentina’s Santa Fe province on October 10. (Photo: VNA)

Buenos Aires (VNA) – A business forum was held by the Southern Common Market (MERCOSUR) ASEAN Chamber of Commerce (MACC) and Argentina’s Santa Fe province on October 10 to enhance trade exchanges between South American countries and ASEAN member states.

The event drew the participation of the ambassadors and trade counsellors of Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, Governor of Santa Fe province Maximiliano Pullaro and local firms.

Pullaro highlighted Santa Fe is a leading exporter of soybeans, corn, and wheat in the country while the province has been renowned for its dairy and honeybee products, forestry goods, cotton, and rice, among others, adding it wants to expand economic, trade, and investment with ASEAN members, including Vietnam – the nation’s third largest trading partner.

Indonesian Ambassador Sulaiman Syarif affirmed that ASEAN states have been interested in enlarging economic ties with MERCOSUR members, with infrastructure development, investment, technology, education, and tourism among the areas of interest.

Meanwhile, MACC President Rodolfo Caffaro Kramer said he will lead a delegation of more than 20 Argentine companies to Indonesia, Singapore, and Vietnam to study the markets there.

MERCOSUR is currently the 13th largest trading partner of Vietnam with two-way trade increasing from 2.45 billion USD in 2011 to 12 billion USD in 2022. Vietnam exported some 3.3 billion USD worth of goods to MERCOSUR while spending around 8.7 billion USD on imports from the bloc.

Trade revenue between Vietnam and MERCOSUR accounts for a quarter of that between ASEAN and the bloc.

The same day, Vietnamese Ambassador to Argentina Ngo Minh Nguyet hosted Deputy of Santa province Yolanda Vega, during which she said Vietnam hopes to strengthen not only parliamentary ties with Argentina but also cooperation with localities of the South American country.

Vega expressed her sentiments to the Vietnamese people and praised the socio-economic achievements that the Southeast Asian country has obtained over the past year.

At the event, the two sides discussed measures to bolster local cooperation between the two countries./.

VNA
#business forum #MERCOSUR #ASEAN #trade ties #Vietnam Argentina
Follow VietnamPlus

Post-pandemic recovery

Related News

Vietnam promotes negotiations of FTA with Mercosur

Vietnam promotes negotiations of FTA with Mercosur

The Ministry of Industry and Trade (MoIT) is taking measures to promote the negotiations of a free trade agreement (FTA) with the Southern Common Market (Mercosur - including Brazil, Argentina, Uruguay, and Paraguay), which is expected to be a driving force for Vietnam to tap the Latin American market.

See more

Pham Van Cong, Chairman of the Vietnam Cashew Association, speaks in a conference reviewing the industry’s 2025 performance and deploying procurement plans for 2026 in HCM City on March 13. (Photo: VNA)

Cashew sector braces for challenges in 2026 amid global uncertainties

Vietnam’s cashew industry recorded export turnover of about 5.5 billion USD in 2025, the highest level ever. He noted that the result reflects the industry’s remarkable development, dynamism and timely adaptation to complex and unpredictable challenges both domestically and globally.

An Phát Complex Industrial Park in Hai Phong City is one of the eco-friendly industrial parks. (Photo: VNA)

Green industrial parks become new magnet for FDI

Statistics show that about 80% of FDI enterprises prioritise investing in industrial parks with green energy infrastructure, reflecting a growing shift in investment preferences amid tightening global environmental standards.

Wood panel production at the Thuan An Wood JSC in Ho Chi Minh City (Photo: VNA)

Vietnamese businesses ride wave of investment in green manufacturing

Recent developments in private investment show that as confidence in the private sector has grown and is a key driver of economic development, investors are strengthening support for enterprises not only through capital but also management expertise and market connectivity.

Officers and soldiers of Son Tra Border Guard Station, Da Nang City Border Guard Command tell local fishermen about IUU fishing. (Photo: VNA)

Fishing solidarity groups help Vietnam with IUU “yellow card” warning removal

Over the years, coastal authorities in Da Nang have intensified efforts to educate fishermen about regulations, particularly the need to avoid illegal fishing in foreign waters. Local administrations and competent forces have also strengthened vessel registration and inspection procedures, installed vessel monitoring systems and ensured transparent declarations of catches at ports.

Representatives of Central Retail Vietnam and Lotte Plaza Market sign a distribution cooperation agreement at the networking event in Ho Chi Minh City on March 13. (Photo: VNA)

Vietnamese firms step up cooperation with international distribution chains

Connecting Vietnamese businesses with international distribution networks has been a key component of government-led trade promotion programmes for many years, which are designed to help domestic companies place goods directly into global retail systems rather than exporting solely through intermediaries.

Direct Hanoi–Amsterdam flights by Vietnam Airlines to begin on June 16. (Photo: Vietnam Airlines)

Vietnam Airlines to launch direct Hanoi–Amsterdam service on June 16

Under the plan, the Hanoi–Amsterdam route will commence operations on June 16, 2026, with an expected frequency of three return flights per week using modern wide-body Airbus A350 aircraft. This will be the first direct air link between Vietnam and the Netherlands, helping to shorten travel time and enhance connectivity between Vietnam and one of Europe’s key economic, logistics and aviation transit hubs.

Farmers harvest the 2025 Winter–Spring rice crop in An Giang province. (Photo: VNA)

An Giang accelerates export shift to meet green consumption trends

To enhance competitiveness, authorities are assisting businesses in obtaining globally recognised certifications such as GlobalG.A.P., Organic and HACCP, enabling key exports including rice, seafood and clean agricultural products to strengthen their position in global markets, according to Quang Xuan Lua, Director of the An Giang Centre for Trade and Investment Promotion.

Motorcycle riders refill their vehicles at a petrol station in Hanoi (Photo: VNA)

E5 RON92 biofuel price falls in latest adjustment

Since the beginning of this year, domestic fuel prices have undergone 14 adjustments, including five decreases and nine increases for RON95 and six declines and eight hikes for E5 RON92. Meanwhile, diesel price has fallen three times and risen 11 times.

A French customer is tasting Vietnamese lychee. (Photo: VNA)

Vietnamese agricultural products boost global brand recognition

Vietnam aims to achieve about 74 billion USD in agro-forestry-fishery export turnover this year. Expanding value-added products, improving quality standards and strengthening brand building, especially through international supermarket systems, will be key to enhancing the competitiveness and global recognition of Vietnamese agricultural products.