Vietnamese firms look to establish foothold in Mexican market
Fifteen Vietnamese companies operating in furniture, fine art, agricultural processing, coffee, rubber, and building materials visited Mexico from September 4-6 to seek opportunities in penetrating the market.
Vietnamese firms meet with the Association of Importers and Exporters of Mexico (ANIERM). (Photo: VNA)
Mexico City (VNA) – Fifteen Vietnamese companies operating infurniture, fine art, agricultural processing, coffee, rubber, and buildingmaterials visited Mexico from September 4-6 to seek opportunities inpenetrating the market.
The trip was organised by the Ministry of Industry and Trade’s Trade PromotionAgency as part of moves to anticipate tax preferences when the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP) takes effect.
Enhancing their presence in Mexico is a focus for Vietnamese firms looking tobranch out into Latin American markets.
Working with the Mexican Internet Association, the companies had the chance tostudy the possibility of promoting their products through e-commerce. They wereconnected with several import enterprises and distributors who are members ofthe association.
The Vietnamese firms were also introduced to Mexican purchase procedures, aswell as quality and factory requirements during their meetings withrepresentatives from the Walmart Mexico and Liverpool department store chains.
The Mexican side also gave their evaluation on products from the Vietnamesebusinesses, informing them on the taxes levied on various goods, and offeredcounseling on Mexican consumer tastes.
Chairman of the Association of Importers and Exporters of Mexico (ANIERM) LuisZavala said that Vietnamese agricultural, fine art, and furniture products posehuge potential for export to the Mexican market.
The ANIERM also offered to give detailed information on Vietnamese goods to itsmembers if cooperation interest continues.
The Vietnamese firms also had a meeting with Vietnamese Ambassador to MexicoNguyen Hoai Duong, during which they expressed their hope to receive positivesupport from the embassy in seeking partners in the host nation.
Informing the firms on essential pieces of information on the Mexican market,Ambassador Duong said that they should take full advantage of the preferencesfrom the CPTPP when the pact comes into force, contributing to the enhancementof bilateral trade. –VNA
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Vietnamese firms meet with the Association of Importers and Exporters of Mexico (ANIERM). (Photo: VNA) 
