Vietnam, Argentina aim to lift two-way trade to 10 blns USD in 2025

Le Tuyet
Chia sẻ
(VOVWORLD) - National Assembly Chairman Vuong Dinh Hue on Monday met with Argentinian President Alberto Angel Fernandezt at the Presidential Palace in Buenos Aires.
Vietnam, Argentina aim to lift two-way trade to 10 blns USD in 2025 - ảnh 1ational Assembly Chairman Vuong Dinh Hue (L) meets with Argentinian President Alberto Angel Fernandezt in Buenos Aires. (photo: VOV)

Mr. Hue said that the visit aims to strengthen the Vietnamese relations with Argentina in particular and the Latin America in general in order to continue promoting the bilateral Comprehensive Partnership on all channels of Party, State, and people-to-people diplomacy, heading towards strategic partnership in specific fields such as industry, agriculture, and energy.

The two leaders agreed that the Vietnam-Argentina Comprehensive Partnership have progressed positively, substantively and effectively in many fields, from politics-diplomacy, economy and trade, to education, agriculture, and justice.

Both leaders showed their pleasure with the increasing two-way trade turnover, reaching more than 4.8 billion USD in 2022, which continues to be a bright spot in the bilateral relationship. They committed to support each other to raise bilateral trade turnover to 10 billion USD in 2025.

 Argentina is currently the third largest trading partner of Vietnam in Latin America while Vietnam is Argentina’s 2nd largest export market in Asia. The two sides have always cooperated and supported each other at international forums and organizations.

Mr. Hue proposed the two governments to closely cooperate to implement three groups of solutions, including first, promoting the exchange of delegations at all levels, thereby strengthening bilateral relationship and consolidating political trust; second, considering the possibility of starting negotiations on the Vietnam-Southern Common Market Free Trade Agreement (MERCOSUR) and effectively and regularly implementing bilateral cooperation mechanisms; and third strengthening cooperation in other fields, such as culture, education, sports, science and technology, renewable energy, people-to-people exchanges, and local connectivity.