Vietnam and Peru have recently held an expert-level meeting in Hanoi, aiming at promoting bilateral relations in trade and intellectual property, among others.

The meeting was agreed upon by the two sides at the third session of the political consultation taking place last month in Lima.

In the context of the sound development between the two countries in recent years, Peru announced in March that it will open an embassy in Vietnam to enhance its ‘strategic presence’ in Asia-Pacific as well as to continue expanding politics-diplomacy, and trade ties with Southeast Asia.

Since the establishment of diplomatic ties in 1994, two-way trade between Vietnam and Peru hit 180 million USD in 2012, tripling the figure five years ago.

The Vietnam National Oil and Gas Group (PetroVietnam) and the telecoms group Viettel are implementing important projects in Peru.-VNA