According to the Chilean Foreign Ministry and the local business daily “Strategy”, for nearly two decades, Chilean businesses have invested nearly US$50 billion in more than 60 countries, mostly focusing on Argentina, Brazil, Peru, and Colombia.

However, Chilean companies are planning to expand their business into non-traditional markets, including Central America, Africa, and Asia, the “Strategy” said, adding that Vietnam will be one of the country’s top priorities.

Last year, a delegation of 18 Chilean small-and-medium businesses made a fact-finding visit to Vietnam. They expressed their keen interest in doing business in the country, the paper said.