Mexico,Vietnam seek to grasp investment opportunities

Speaking at the seminar, Vietnam Ambassador Le Linh Lan highlighted the status of the Trans Pacific Partnership (TPP) negotiations noting that 2015 marks the 40th anniversary of diplomatic ties. Lan said it would be fitting if the agreement could be signed on the occasion.

The two-way trade turnover surpassed US$1.8 billion this year, Lan said, adding that this represents a ten-fold increase over the past decade, yet the two nations have barely scratched the surface of their potential.

During the seminar, representatives from the Association of Professional Promotion of Mexico (AMPPRO) and other businesses spoke highly of Vietnam’s socio-economic achievements over the years, the Vietnamese people’s talent and creativity as well as the country’s beautiful landscapes and unique culture.

The representatives said the gap between the nations in distance and in cultural understanding are the biggest hindrances for Mexican businesses optimally realizing trade and investment opportunities.

To overcome these obstacles, Mexican businesses pledged to seek new outlets in the Vietnamese market with the support from the Vietnam Embassy and expressed hope that Vietnam will become a gateway for them to get a toehold in Southeast Asia.

After hearing reports on investment and tourism opportunities in Vietnam, representatives from Mexican businesses posed questions on administrative formalities, Vietnamese laws, and import-export commodity lists. Many expressed hope to visit Vietnam in the near future to explore investment opportunities more fully.

On the occasion, the Vietnamese embassy also held a photo exhibition on Vietnamese culture and people to introduce Mexican people to – dynamic Vietnam on the right track to international integration.