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Mexico eager to establish trade ties with Vietnam

Update: 23-04-2012 | 00:00:00

Mexican businesses are keen to set up trade links with Vietnamese partners, especially in the areas of coffee production and processing, aquaculture and tropical fruit export business. 

This was released at a recent seminar entitled “Business in Vietnam” held in Mexico’s Tuxtla Gutierrez and Tapachula cities, drawing the participation of nearly 100 leading businesses from southern Mexico’s Chiapas state involved in the agro-forestry-fishery processing sector.

At the seminar, Vietnamese Ambassador to Mexico Le Thanh Tung and Trade Counselor Hoang Anh Dung briefed Mexican businesses on Vietnam’s present socio-economic development and investment environment.

Ambassador Tung said Vietnam is willing to create the best possible conditions for Mexican businesses to invest in the country with a view to strengthening bilateral cooperation comprehensively.

With two-way trade turnover estimated at US$1.037 billion in 2011, Vietnam is considered a gateway for Mexican businesses to penetrate the Southeast Asian market of approximately 590 million consumers, he said.

During the seminar, Tung met with local authorities, visited the Autonomous University of Chiapas (UNACH) and Mexican coffee and seafood processors and talked to the press about the current Vietnam-Mexico relations.

Chiapas State is located in southern Mexico and bounded to the East by Guatemala with a total area of 75,000 km2 and a population of 5 million. Chiapas has favourable climate conditions for developing the agro-forestry-fishery sector and hydro- and wind power.

 (VOVNEWS)

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