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Vietnam, Argentina boost trade, investment cooperation

A webinar was held recently to delve into the diversification and exploitation of new opportunities in Vietnam – Argentina economic cooperation.
Vietnam, Argentina boost trade, investment cooperation ảnh 1At the event (Photo: VNA)

Buenos Aires (VNA)
– A webinar was held recently to delve into the diversification and exploitation of newopportunities in Vietnam – Argentina economic cooperation.   

Co-organised by the Vietnamese Embassy in Argentina and the Mercosur-ASEANChamber of Commerce, the event aimed to introduce to Argentinean enterprisesthe business climate and functioning mechanism of the Vietnamese market and discussArgentina’s policies to encourage investment and import-export.

Speaking at the event, Vietnamese Ambassador Duong QuocThanh said Vietnam has so far managed to control the COVID-19 pandemic andsustain its economic development to an encouraging level compared to theregional and global average levels.

The Vietnamese Government always creates favourableconditions for domestic and foreign investors to invest and trade within theircapacity, he affirmed.

Praising the Vietnam – Argentina trade, which saw a four-fold increase in the 2010-2019 period, Thanh hoped the webinar will allow the sides to put forthnew ideas and discuss recommendations for the diversification of their tradedgoods and post-pandemic cooperation.

The ambassador suggested the sides exchange their products ofstrength like Vietnam’s electronic devices and mobile phones and Argentina’s  medicine and eco-diesel products.

Joint investment projects in IT, digitization, nucleartechnology for peaceful purposes, and social housing also need consideration, headded.

Pablo Enrique Sivori, Undersecretary for Trade Strategy andEconomic Promotion at the Argentina Ministry of Foreign Affairs, InternationalTrade and Worship, said the Argentinean Government always highly evaluates thepotential of Asian markets, which account for 80 percent of the nation’s exportturnover.
Vietnam is one of the prioritised partners of Argentina, he stressed./.
VNA

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