Trade promotion with South American nations
VOV.VN - Vietnam has attended trade promotion activities between the Common Market of South American, Mercosur, and the Association of Southeast Asian Nations, ASEAN, in Tucuman, Argentina.
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Argentinean and Uruguay businesses have visited Vietnam’s Trade office to learn about investment laws and opportunities to import coffee, rubber, tires, and wood furniture from Vietnam.
They also want to export wine, beef, wheat, canned fruit juice, and animal food materials to Vietnam.
Argentina is one of the three Latin American countries (together with Mexico and Brazil ) whose trade value with Vietnam exceeds US$1 billion.
Last year's two-way trade reached more than US$2.5 billion, up 34% from a year earlier.
Meanwhile, bilateral trade between Vietnam and Uruguay hit US$124 million in 2014, of which Vietnam ’s exports registered US$41 million.
Established in 1991, Mercosur is a sub-regional bloc grouping Brazil , Argentina , Uruguay , Venezuela and Paraguay.