Latin America is also an important source of raw materials for the Vietnamese processing industry with such products as corn, soybean, and animal feed, experts said.
Brazil is Viet Nam''s largest trading partner in Latin America and one of the three largest markets of Viet Nam in the Americas market, according to the Viet Nam Trade Office in Brazil.
Viet Nam and countries in South America have plenty of room for expanding trade and investment since their economies are complementary, the Viet Nam-Latin America Trade Forum heard in HCM City on November 25.
The trade value between Viet Nam and Latin America is expected to increase to US$20 billion by 2025, Deputy Minister of Industry and Trade Do Thang Hai said that at the Viet Nam - Latin America Trade Forum 2021, held...
Viet Nam will help more Vietnamese firms to enter the lucrative Latin American markets, said Do Thang Hai, Deputy Minister of Industry and Trade, during a conference on Viet Nam – Latin America trade facilitation.
Viet Nam aims to achieve an average annual export growth rate of 11 to
12 per cent during the 2015-20 period to achieve US$300 billion in
export value by 2020.
A workshop to promote Cuban-Vietnamese business was held in Ha Noi
yesterday, bringing together a delegation of business representatives
from both countries, notably Cuba''s Gecomex Business Group.