The upcoming official visit to Chile by President Lương Cường is expected to open up new opportunities for trade relations between the two countries, especially as bilateral trade ties have made impressive progress in recent times.
Vietnamese enterprises can expand export markets to South American countries through Chile, Vietnamese Ambassador to Chile Pham Truong Giang told the Vietnam News Agency.
Despite there being no commitments on services and investment in the Viet Nam - Chile Free Trade Agreement (FTA), the pact has boosted trade and economic ties between the two countries.
The Chilean government hopes to expand cooperation with Việt Nam in agriculture, not only in opening markets for farm produce but also in agricultural production and rural development
The first batch of Chilean apples arrived last week after a five-year absence in the Vietnamese market, marking a new milestone in the Việt Nam – Chile trade relations.
Doosan Heavy Industries Viet Nam Co. (Doosan Vina) has shipped reverse osmosis (RO) expansion racks and high pressure piping systems – equipment essential to desalination filter systems – to the Escondida Water Supply plant in Chile.
The Port of Lazaro Cardenas (LCT), the largest Mexican container port,
launched routes to Viet Nam and Chile on June 21 which will save up from
13 to 18 days of transit.
In 2016, the trade deficit could continue and even increase because many of the free trade agreements (FTAs) coming into effect.Nguyen Bich Lam, head of the General Statistics Office (GSO), spoke to the dautuonline about those issues.
Chile is a big timber producer and wants to boost exports to Viet Nam,
which has increasing demand for wood to make products for export, a
seminar heard yesterday in HCM City.
Two-way trade between Viet Nam and Chile surpassed $791.9 million in the
first 11 months of this year with the balance of trade in favour of the
Southeast Asian nation.
The Viet Nam – Chile free trade agreement, which took effect last
January, has opened up chances for their business communities, Chilean
Vice Ambassador to Viet Nam Alvaro Guzman said at a workshop in the
southern province of Dong Nai last Friday.
Chile is becoming an increasingly important market for Viet Nam, with
exports to the South American country growing at a scorching 20 per cent
per year since 2010.