Business

Vietnam, Mexico promote economic, trade, investment cooperation

A delegation of 23 Vietnamese entrepreneurs, led by Deputy Minister of Industry and Trade Do Thang Hai, attended the Vietnam-Mexico Business Forum in Mexico City on July 4, aiming to seek cooperation opportunities with the host country’s partners.
Vietnam, Mexico promote economic, trade, investment cooperation ảnh 1Deputy Minister of Industry and Trade Do Thang Hai speaks at the forum (Photo: VNA)
Mexico City (VNA) – A delegation of 23 Vietnamese entrepreneurs, led byDeputy Minister of Industry and Trade Do Thang Hai, attended the Vietnam-MexicoBusiness Forum in Mexico City on July 4, aiming to seek cooperationopportunities with the host country’s partners.

Undersecretary for Foreign Trade inMexico's Secretariat of Economy Luz Maria de la Mora spoke highly of the bilateraleconomic and trade relations, affirming that Mexico considers Vietnam a strategicmarket in the Asia-Pacific region.

She expressed her hope that the two countries’ authorisedagencies will continue strengthening close coordination in the coming time and theirbusinesses will effectively take advantage of the Comprehensive and ProgressiveAgreement for Trans-Pacific Partnership (CPTPP), contributing to promotingbilateral trade turnover as well as post-pandemic economic recovery.

The official affirmed that the Mexican Secretariat of Economy willcreate all favourable conditions and provide maximum support for the twobusiness communities.

For his part, Deputy Minister Hai stated that Mexico iscurrently Vietnam's second largest trading partner in Latin America, andVietnam is Mexico's eighth largest trader in Southeast Asia.

He quoted statistics of the General Department of VietnamCustoms as saying that two-way trade turnover grew positively in 2021, reaching5.06 billion USD, up 37.5% year-on-year. The figure hit 2.33 billion USD in thefirst five months of 2022, up 21.9% year-on-year.

Vietnam wishes to further increase the trade and investment valuewith Mexico, with a focus on energy, telecommunications, high-tech agricultureand high value-added industries, said Hai.

Earlier, the two officials reviewed theoutcomes of the third session of the joint committee, and discussed measures topromote bilateral economic and trade ties in the coming time./.
VNA
#Deputy Minister of Industry and Trade Do Thang Hai #Vietnam-Mexico Business Forum #Mexico #Vietnam #Vietnamplus #Vietnam News Agency Mexico
Follow VietnamPlus

Related News

Firms advised to take advantage of CPTPP to increase exports to Mexico

Firms advised to take advantage of CPTPP to increase exports to Mexico

Despite continuous trade surplus with Mexico, Vietnam’s market share in this market is only 1.3 percent. Therefore, businesses should take advantage of incentives from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to expand the presence of Vietnamese goods in Mexico, experts said.

See more

According to the State Bank of Vietnam (SBV)’s Region 2 Branch, remittances transferred through credit institutions and economic organisations total 2.03 billion USD in the second quarter, up 1.4% from the first quarter but down 27.9% from the same period last year. (Illustrative photo: VNA)

Remittances to Ho Chi Minh City down 23% in H1

According to the State Bank of Vietnam (SBV)’s Region 2 Branch, remittances transferred through credit institutions and economic organisations totalled 2.03 billion USD in the second quarter, up 1.4% from the first quarter but down 27.9% from the same period last year.

The dialogue and business networking forum between CPTPP senior officials and business leaders is held in Ho Chi Minh City on July 22, as part of the 2026 CPTPP Senior Officials' Meeting (SOM3) hosted by Vietnam. (Photo: VNA)

Public-private dialogue unlocks CPTPP potential

The CPTPP has evolved beyond tariff reductions into a broad framework covering goods, services, investment and digital trade. Its success, however, ultimately depends on businesses' ability to turn commitments into new investment, stronger supply chains and innovative business models.

Tourists on Nha Trang beach in Khanh Hoa province (Photo: VNA)

Promoting integrated governance to advance sea-based economy

Khanh Hoa has positioned itself as the renewable energy industrial and service hub for the south-central and southern regions. Its economic development strategy identifies four key growth drivers, all built on the foundation of the marine economy.

An overview of the seminar entitled "Opportunities and challenges for market development in Turkish market" (Photo: Ministry of Industry and Trade)

Türkiye offers export potential for Vietnamese food producers: seminar

Türkiye’s target of lifting total exports of goods and services to more than 400 billion USD in 2026 could create additional opportunities for Vietnamese agricultural products, food and beverages, said Ta Manh Cuong, director of the Trade and Investment Promotion Support Centre.

SSC Vice Chairman Bui Hoang Hai speaks at the opening of the programme on July 21. (Photo: VNA)

Vietnam boosts crypto market oversight capabilities

Diederik Van Wersch, Chainalysis' ASEAN Regional Director, noted that Vietnam has a high level of crypto asset adoption, offering significant opportunities for innovation while creating greater demands for oversight and risk management.

Vietnam Railways has introduced a range of tourism, heritage and dedicated train services, attracting growing numbers of passengers. (Photo: VNA)

Railways reinvent themselves with tourism, heritage trains

One of the most notable successes is the premium Hoa Phuong Do (Flamboyant Flower) train operating between Hanoi and Hai Phong city. Since entering service in May 2025, the train has completed nearly 3,000 trips and carried around 1.33 million passengers.

Representatives of relevant parties witness the arrival of the shipment. (Photo: VNA)

First Czech pork shipment officially enters Vietnamese market

A Czech diplomat described the arrival of the first container as the successful outcome of a long and complex market-opening process involving years of negotiations, regulatory approvals and close cooperation between Czech and Vietnamese authorities.

A view of financial buildings in downtown Ho Chi Minh City along the Saigon River. (Photo: VNA)

HSBC: Vietnam’s growth, macroeconomic stability to face tougher test in H2

In a recently released report, Vu Binh Minh, CFA, Associate Director, FX Trading, Markets and Securities Services at HSBC Vietnam, said Vietnam’s economy has built a relatively favourable position in the first six months of the year with GDP expanding 8.18% – the highest first-half growth rate in recent years – as key growth drivers have operated in tandem.

Ha Tay Shoes has secured numerous export orders from the US and European markets. (Photo: VNA)

CPTPP strengthens free trade, expands global economic connectivity

Since taking effect, the CPTPP has significantly expanded Vietnam's access to major markets across North America, the EU, and the Asia-Pacific, contributing to strong export growth in key sectors such as textiles and garments, footwear, and agricultural, forestry and fishery products. The agreement has also encouraged greater investment into Vietnam by promoting regional production networks and clearer rules of origin.

Tan Mingming, Deputy Director of the Foreign Affairs Office of the Dezhou Municipal People’s Government. (Photo: VNA)

Chinese firms put Vietnam on expansion radar

Tan Mingming, Deputy Director of the Foreign Affairs Office of the Dezhou Municipal People’s Government, told Vietnam News Agency reporters that the city has spent years deliberately tightening its links with the Association of Southeast Asian Nations (ASEAN), with Vietnam seen as a key partner.

A perspective of the Viettel Military Industry and Telecoms Group's high-tech semiconductor chip manufacturing plant at Hoa Lac Hi-Tech Park. (Photo: Viettel)

Hanoi builds momentum as Vietnam's semiconductor hub

As Hanoi continues to strengthen its semiconductor ecosystem, the city is creating a new growth driver for both the capital and the country, enhancing Vietnam's technological capabilities and paving the way for deeper integration into the global semiconductor value chain.

Clams are processed for export at the factory of Thanh Hoa Seafood Import-Export JSC in Thanh Hoa province. (Photo: VNA)

Vietnam steps up export to achieve 550-billion-USD target

Against a backdrop of persistent uncertainty in global commerce, the Government is implementing a broad range of measures to strengthen export growth during the remainder of the year. These include expanding overseas markets through economic diplomacy, maximising the benefits of free trade agreements (FTAs), streamlining administrative procedures, reducing logistics costs, improving access to credit and helping businesses overcome trade barriers. Authorities are also encouraging deeper processing, official cross-border exports and greater market diversification to improve the competitiveness of Vietnamese products.