Vietnam, Argentina boost trade cooperation

A workshop was held on November 25 to provide information about the market and import policies of Argentina to Vietnamese enterprises, towards the expansion and diversification of goods exchanged between the two sides.
Vietnam, Argentina boost trade cooperation ảnh 1An overview of the workshop. (Photo: VNA)

Buenos Aires (VNA) – A workshop was held on November 25 to provide information about the market and import policies ofArgentina to Vietnamese enterprises, towards the expansion and diversificationof goods exchanged between the two sides.

The workshop, entitled "Exploiting the potential fortrade development between Vietnam and Argentina", was organised by the VietnameseEmbassy in Argentina.

Speaking at the event, Vietnamese Ambassador Duong QuocThanh said that bilateral relations between the two countries have alwaysdeveloped well since the establishment of diplomatic ties nearly 50 years ago. Tradehas been a bright spot after the two countries established a comprehensivepartnership in 2010 with an increase in two-way exchange turnover from 1billion USD to nearly 4 billion USD in 2020. However, the Vietnamese Ambassador said that trade exchangebetween the two countries still focuses on main items such as corn, soybeans,animal feed and pharmaceuticals from Argentina, as well as phone componentsfrom Vietnam. He attributed it to the lack of information about each other'sneeds, tastes and market access methods by businesses.

Thanh affirmed that the conference offered an opportunity toprovide information and seek ways to solve difficulties related to marketaccess for businesses of the two sides, contributing to promoting trade and bringingqualified products to their residents.

For his part, Martin Schapiro, Advisor to the Minister ofProductive, said that Argentina always attaches importance to the partnershipwith Vietnam and that cooperation between the two countries has made steadyprogress in recent years, reflected through the effective implementation ofcollaboration programmes in many fields such as trade, culture and health.

Despite facing many difficulties, especially the past twoyears, due to the impact of the COVID-19 pandemic, Argentina's economy isgradually recovering and is a potential market for foreign partners, includingVietnam, he said.

Schapiro expressed his hope that through this seminar,Vietnamese businesses will gain a lot of useful information which opens newexport orientations to the Argentine market.

On this occasion, representatives of theMercosur-ASEAN Chambers of Commerce, the Coffee Chamber of Commerce and ArgentineChamber of Import Promotion also shared information and introduced about corporateculture and tastes of the Argentine people, as well as such as answeringquestions and suggesting approaches to the Argentine market for Vietnamesebusinesses./.

VNA

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