Illustrative image (Source: VNA) The event is jointly held by the Vietnam TradePromotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT),the Trade Office and the Vietnamese Embassy in Chile, and the Chilean Chamberof Commerce in Vietnam.
With the participation of more than 50 enterprisesfrom the two countries, the conference aims to help Vietnamese enterprises stepup exports to Chile.
Statistics by the MoIT reveal that by the end ofAugust, the two-way trade reached 1.27 billion USD despite impacts of theCOVID-19 pandemic, with Vietnam’s exports to Chile up 44 percent and imports,up 15 percent year-on-year.
Vietnam mainly ships phones, components, machinery,equipment, footwear, and garment-textiles to Chile, while importing seafood,fruit and production materials from the South American country.
Le Hoang Tai, deputy head of Vietrade, said theconference gave businesses of both countries an insight into each other's markets, towards sustainablecooperation.
He said the Vietnamese Government has taken various measuresto recover the economy like removing barriers in administrative procedures,promoting digitalisation, and creating optimal conditions for enterprises tojoin the global business network.
The event is jointly held by the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade (MoIT), the Trade Office and the Vietnamese Embassy in Chile, and the Chilean Chamber of Commerce in Vietnam. (Photo: VNA) The deal has enabled Vietnamese firms to accessquality and affordable materials such as wood pulp and fish paste, and otherproducts like salmon and champagne, he added.
Giang suggested Vietnamese enterprises increaseexports to Vietnam in health care, fibers of all kinds, biodegradable bags, andropes for salmon farming. Meanwhile, Chile should step up the export of sawntimber and wood pulp to Vietnam.
There is still ample room for Vietnamese exportersin Chile – an open market with importtax among the lowest in the world, at below 2 percent, he said, adding thatthrough Chile, Vietnamese enterprises could also expand their operation in otherSouth American nations./.
VNA
