Vietnamese Ambassador to Argentina and Uruguay Dang Xuan Dung talks to students from the Catholic University of Uruguay (Photo: VNA)

Hanoi (VNA) – Vietnamese Ambassador to Argentina and Uruguay Dang Xuan Dung has introduced the nation, people and integration process of Vietnam as well as the Vietnam-Uruguay relations to students from the Catholic University of Uruguay on the occasion of the 25th anniversary of the diplomatic relations between the two countries.

Ambassador Dung said that Vietnam, overcoming devastating wars, has been on the way of development with many promising areas. He also highlighted famous landscapes of Vietnam as well as friendly and hospitable people.

He noted that Vietnam has pursued the “doi moi” (reform) cause since 1986. After over 30 years, the country has recorded many important achievements with stable economic growth, improved people’s living conditions and enhanced position in the world arena.

Vietnam is now one of the leading economies in Southeast Asia with a GDP growth of 6.8 percent, inflation of 3.16 percent, and trade revenue of 400 billion USD in 2017.

The diplomat affirmed that Vietnam persists external policy of multilateralisation, diversification, proactively integrating into the world on the basis of equality, mutual respect and win-win partnership.

Vietnam’s top priorities are to maintain peace and stability, to create a peaceful environment for development, and to safeguard national independence and sovereignty.

Vietnam now enjoys diplomatic relations with 180 countries around the world, including strategic partnership with 16 countries and comprehensive strategic partnership with 10 others. At the same time, the country has so far signed 12 bilateral and multilateral free trade agreements.

The ambassador also underlined the sound relations between Vietnam and Uruguay since the two sides set up diplomatic relations in 1993, stating that Vietnam always wishes to further promote the ties.

He noted that the two countries have built many effective cooperation mechanisms, including the organisation of the first meeting of the Joint Committee on Economic, Trade and Investment in Uruguay’s capital of Montevideo.

In recent years, bilateral economic and trade partnership has been improved, but still remains modest at 117.5 million USD in 2017, he said, adding that the governments of both sides have determined to further strengthen links between the two business communities to accelerate economic and trade ties.

During the working trip to Uruguay, the Vietnamese Embassy delegation held a seminar to introduce the trade and investment cooperation prospects between the two countries with the participation of many local firms.

The diplomat took the chance to highlight the open economic policies and potential of the Vietnamese market. Fostering ties with Vietnam also helps Uruguay firms access ASEAN markets, he said.

Uruguay businesses also explored promising exports of Vietnam such as garment and textile, footwear, computer, electronics and accessories, rubber, rattan and sedge products, rug, steel, plastics, ceramics, and fibre.

The Vietnamese side proposed that Uruguay continue increasing its exports to Vietnam such as wooden products, materials for garment and textile, leather, pharmaceuticals, milk, aquatic products and animal feed.-VNA