Vietnam, Argentina increase economic cooperation
Vietnam and Argentina have committed to creating favourable conditions for goods of each country to enter the other market.
The agreement was reached at the third meeting of the Vietnam-Argentina joint committee for economic and trade cooperation joint committee in Hanoi on October 31.
In the agricultural sector, they specified cooperation projects and plans to implement them.
Vietnam welcomed Argentinean investors, especially in energy, oil and gas, and bio-fuel, said Deputy Minister of Trade and Industry Tran Tuan Anh.
The country also highly valued the signing of an MOU on science and technology cooperation between both sides and thanked Argentina for its help in training forensic personnel for Vietnam.
Argentinean Secretary of Foreign Trade Beatriz Paglieri said she hopes that both sides will seek measures to overcome existing difficulties and agree on specific programmes and projects to strengthen bilateral cooperation in the coming time in order to mark the 40th anniversary of the two countries’ diplomatic ties in 2013.
According to Deputy Minister Anh, Vietnam-Argentina trade and investment relations have developed constantly over the years.
Vietnam earned US$91.6 million from exports to Argentina in 2010, a year-on-year increase of 64 percent. It also imported goods worth US$826.3 million from Argentina, marking a yearly rise of 41 percent.
Vietnam exports to Argentina footwear and accessories, rubber and rubber products, machines and mechanical and electronic equipment while importing animal feed, soybeans, animal fat and vegetable oil, cereals, automobiles, farming machines, garment accessories, footwear and seafood from the Latin American country.
In the agricultural sector, they specified cooperation projects and plans to implement them.
Vietnam welcomed Argentinean investors, especially in energy, oil and gas, and bio-fuel, said Deputy Minister of Trade and Industry Tran Tuan Anh.
The country also highly valued the signing of an MOU on science and technology cooperation between both sides and thanked Argentina for its help in training forensic personnel for Vietnam.
Argentinean Secretary of Foreign Trade Beatriz Paglieri said she hopes that both sides will seek measures to overcome existing difficulties and agree on specific programmes and projects to strengthen bilateral cooperation in the coming time in order to mark the 40th anniversary of the two countries’ diplomatic ties in 2013.
According to Deputy Minister Anh, Vietnam-Argentina trade and investment relations have developed constantly over the years.
Vietnam earned US$91.6 million from exports to Argentina in 2010, a year-on-year increase of 64 percent. It also imported goods worth US$826.3 million from Argentina, marking a yearly rise of 41 percent.
Vietnam exports to Argentina footwear and accessories, rubber and rubber products, machines and mechanical and electronic equipment while importing animal feed, soybeans, animal fat and vegetable oil, cereals, automobiles, farming machines, garment accessories, footwear and seafood from the Latin American country.