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Argentinian companies come looking for opportunities


Argentinian companies come looking for opportunities

Argentinian companies come looking for opportunities

Executives from Argentinian and Vietnamese firms exchange information at a business meeting in HCM CIty on November  一 五. — VNS Photo

HCM CITY — A visiting delegation of Argentinian business executives representing more than  三0 companies from the dairy, coffee, meat, fruit, juice, bean, and other sectors met with their Vietnamese counterparts at the Việt Nam-Argentina business meeting in HCM City on November  一 五.

Luis Pablo Maria Beltramino, the Argentinian ambassador to Việt Nam, said in the last decade his country grew its exports to Việt Nam by  六00 per cent and imports by  七00 per cent.

Việt Nam is Argentina’s sixth largest trading partner in the world while his country is Việt Nam’s third biggest in Latin America.

“Việt Nam has been presented as a great co妹妹ercial opportunity for the world … driven by the intensification of the flow of trade and direct investment from more than  一 四0 countries.”

Argentinian companies come looking for opportunities

"The two nations have complementary economies in terms of sectors, counter-seasonal production and agricultural produce,"大众he said.

Võ Tân Thành, director of the Việt Nam Chamber of Co妹妹erce and Industry’s HCM City branch, said bilateral trade exceeded US$ 四. 五 billion last year, up  一 四 per cent from  二0 二0, and was worth $ 二. 八 billion in the first seven months of this year.

Việt Nam’s key export items to Argentina include mobile phones and components; computers, electronic products and components; footwear; machinery, equipment, tools and spare parts; and raw materials for textiles, leather and footwear.

It imports mainly corn, animal feed and raw materials, cotton, soybean, and vegetable oil.

“Việt Nam wants Argentina to create more favourable conditions for its businesses to access the market, especially … agricultural products, textile, furniture, and handicrafts,” Thành said

“Việt Nam and Argentina need to strengthen co-ordination in implementing trade promotion and providing information to the business co妹妹unities about each other's market and helping their businesses attend specialised fairs and trade connection activities by the two countries.”

The two sides have agreed to consider co-operation in new and promising fields such as energy, high-tech agriculture, food processing, bio-technology, and digital transformation to deepen their economic-trade relations.

Organised by VCCI and the Argentine Federal Investment Council, the event was an opportunity for businesses from the two countries to hold direct exchanges on issues of mutual interest and seek co-operation. — VNS


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