Western Mexico looks to develop trade with Vietnam
(VOV) - A forum on trade and investment was held recently in Mexico, attended by the Vietnamese ambassador to Mexico along with representatives from Thailand, Indonesia, the Philippines and Singapore.
Addressing the forum, Ambassador Le Thanh Tung Tung introduced Vietnam’s great achievements over the past 25 years during its Doi Moi (Renewal) process. Since it first implemented national renewal policies in 1986, Vietnam has become the world’s leading rice exporter and has enjoyed a trade surplus since 2012.
Tung also described Vietnam’s solutions to limiting the impact of the economic crisis and facilitating investment, in addition to outlining the business environment as well as the status of foreign direct investment (FDI) in the country. He emphasized that Vietnam is considered a dynamic nation in the region with a population of around 90 million.
Delegates at the forum said that Mexico, particularly its western region, seeks to establish trade ties with partners in Southeast Asia, saying they hope businesses in ASEAN nations will invest in western Mexico as a base for re-exporting goods to other nations.
The Vietnamese embassy representatives gave participants at the forum 200 sets of documents introducing Vietnam’s business climate, as well as useful websites and a list of 30 of the country’s key export items.
Many potential customers said they are keen to import Vietnamese goods such as bicycles and spare parts, electronics and components, information technology, ceramics, rice, garments and textiles.