(VOV) - The Vietnamese Embassy in coordination with the Argentina Chamber of Commerce, Industry and Production have worked with Argentinan businesses on the possibility of promoting trade and investment cooperation.
Argentina increases agricultural exports to Vietnam Vietnam, Argentina boost multifaceted cooperation
At the working session on June 7, Ambassador Nguyen Van Dao briefed them on Vietnam’s recent achievements in its industrialization and modernization process.
With regard to Vietnam’s growing relations with Latin America, he said, two-way trade turnover between Vietnam and Argentina hit a record high of US$971,79 million in 2011, up 17 percent over 2010, with exports from Vietnam accounting for US$166 million, according to the Argentinan Customs Office.
Vietnam exported to Argentina sport wear and accessories, rubber, machinery, mechanical equipment, and garments and imported soyabean powder and oil, beef, wheat, maize, tanned hide, timber and cotton from the country.
Vietnam was committed to investing US$7 billion in Latin America.