A Vietnam-Argentina business forum took place in Hanoi on July 31 as one of the activities during the official visit to Vietnam by Argentine Minister of Foreign Affairs and Worship Jorge Faurie.
Hanoi (VNA) – A Vietnam-Argentina business forum took place in Hanoion July 31 as one of the activities during the official visit to Vietnam by ArgentineMinister of Foreign Affairs and Worship Jorge Faurie.
Addressingthe function, co-hosted by the Argentine Embassy in Vietnam and the VietnameseMinistry of Industry and Trade, Minister Jorge Faurie said he is pleased withthe fine bilateral relations and the growth in two-way trade.
He stressed that celebrating the 45th anniversary of bilateral diplomaticties (October 25, 1973-2018) is an important milestone in the cooperationbetween the two nations.
He expressed his hope that the Vietnam-Argentina relationship will continue tothrive in the time to come with the increase of visits and all-level delegationexchanges.
Argentina will do its best to boost and diversify trade ties and multi-faceted cooperationwith Vietnam, he said, adding that Argentine businesses pay attention tocollaboration in biodiversity, services, pharmaceuticals and technology withVietnam.
Affirming Argentina as the second largest trade partner of Vietnam in the LatinAmerican region, Doan Thi Thu Thuy, deputy head of the Ministry of Industry andTrade’s Trade Promotion Department, said Vietnam is the fifth largest importmarket of Argentina globally.
Two-way trade has seen encouraging growth in recent years, hitting 3 billionUSD in 2017. Vietnam exports to Argentina garment materials, footwear, machinery,equipment and spare parts, while importing animal feed, materials, corn, wheatand some seafood products from the Latin American country.
These outcomes reflect the efforts made by diplomatic, economic, industrial andagricultural agencies of the two countries, Thuy said, adding that tradeconnection activities have been organised regularly and effectively with theactive and responsible engagement of both sides’ business communities.
At the forum, representatives from Vietnamese and Argentine businesses studied bilateraltrade and economic relations and investment opportunities as well as promotedconnections in the fields of foodstuff, processed food, beverages, fruit, animalfeed and pharmaceuticals.-VNA
A high-ranking delegation of the Vietnam National Assembly (NA), led by its Vice Chairman Gen. Do Ba Ty, visited Argentina from July 17-20 to seek ways to bolster the partnership between the two countries and legislatures, as well as exchange experiences in legislative operations.
Vietnam always considers Argentina one of its leading partners in Latin America and wishes to enhance its comprehensive partnership with the country, especially in economy, trade and investment.
Argentine Minister of Foreign Affairs and Worship Jorge Faurie held talks with Deputy Prime Minister and Foreign Minister Pham Binh Minh in Hanoi on July 30 to seek ways to boost bilateral ties.
The Vietnamese National Assembly (NA) wants and is willing to cooperate with the Argentine Senate and Chamber of Deputies in both bilateral and multilateral aspects, NA Vice Chairman Do Ba Ty told visiting Argentine Minister of Foreign Affairs and Worship Jorge Faurie on July 31.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
Illustrative image (Source: VNA) 
