Business Guide on Vietnam launched for Mexican enterprises
VOV.VN - The Embassy of Mexico in Vietnam, the Western Mexican Business Council for Foreign Trade (COMCE Occidente), and the National Bank of Foreign Trade (Bancomext-Nafin) have launched a Business Guide to introduce the attractiveness of the Vietnamese market and investment opportunities to Mexican firms.
The guide introduces business opportunities within the framework of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), with the aim of providing Mexican businesses with the best tools in order to gain entry to the Vietnamese market in an effective manner.
The guide consists of 13 chapters which feature both practical and concise information on the Vietnamese economy and bilateral trade between the two countries, as well as advantageous products and opportunities for Mexican firms in this market, trade fairs in Vietnam, and useful contacts for conducting business in the country.
According to Mexican business representatives, with more than 100 million people, Vietnam has been integrated into global trade networks, with an average economic growth rate of 7% being recorded annually over recent decades. These factors have therefore turned the country into an extremely attractive market for Mexican investors.
Among ASEAN member states, Vietnam is Mexico's second largest trading partner and its seventh largest global supplier. Bilateral trade between both sides has grown significantly since the CPTPP first came into effect back in 2019.