Exports to Spain enjoy strong growth
Vietnam’s export turnover to Spain in the first four months of this year hit nearly US$799 million, 31.42% higher year-on-year, according to the Ministry of Industry and Trade.
Vietnam’s main exports to Spain are electric equipment, electronics, footwear, garment-textiles and aquatic products.
Spanish Ambassador to Vietnam Alfonso Tena Garcia has said enterprises from his country are satisfied with their business in Vietnam as they have been offered favourable conditions for applying for business and investment licenses.
He also said that Spain wants to further promote its cooperation with Vietnam in the domains of technology transfer and education in the coming time.
Two-way trade between the two countries surmounted a record EUR2.16 billion (US$2.98 billion) last year, with a rise in exports from both sides.
Spain now ranks 59th among foreign investors in Vietnam, with a total registered capital of US$30.3 million.