Argentine firms take interest in Vietnamese market
FECOBA – the federation of commerce and industry of Buenos Aires and Argentina’s confederation of enterprises CAME recently organised a workshop on trade opportunities with Vietnam in Argentina.
Argentina (VNA) – FECOBA – the federation of commerce and industry of Buenos Aires and Argentina’s confederation of enterprises CAME recently organised a workshop on trade opportunꦉities with Vietnam in Argentina.
The workshop, themed “Vietnam – a strategic nation”, gathered businessmen from the host country as well as Colombia, Peru and Uruguay.
Speaking at the event, economic expert Guillermo Perez Cena stressed trade between Vietnam and Argentina has gained momentum in recent years. Argentina is one of the three Latin American countries (together with Mexico and Brazil) with trade value with Vietnam exceeding 1 billion USD.
In 2015, two-way trade hit more than 2.5 billion USD, up 34 percent from 2014.
Cena talked about Vietnam’s economic growth and integration progress, noting that this is a potential market for Argentine exporters of animal feed, vegetable oil, wine, grain, meat, fruit, pasteurised milk and medicine.
Argentina can import various commodities from Vietnam, particularly footwear, rice, garment-textile, coffee, rubber, pottery, plastic and woodwork products, he added.
Representatives from the Vietnam Embassy in Argentina informed attendants of Vietnam’s over-6.7-percent average growth rate in more than two decades and the country’s preferential policies for foreign investors.
They also answered several questions related to Vietnam-Argentina ties and visa application procedures.-VNA
The Clarin, one of the largest newspapers in Argentina, ran an article on Nov 28 entitled “Vietnam takes off from its agriculture”, praising the achievements and prospects of the sector in Vietnam.
The Argentinean news agency Telam on December 18 ran an article extolling Vietnam on its significant achievements after nearly 30 years of “Doi Moi” (reform).
An Argentinean publisher released a special edition highlighting the role of Vietnamese women in Vietnam’s national defence and nation building on March 7.
The role of Vietnamese women in society was the main topic of a workshop held on March 21 in Buenos Aires province, Argentina as part of activities to mark the International Day of Women (March 8).
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
Despite global economic uncertainties, Binh Duong has maintained strong momentum in both exports and industrial production during the first half of 2025.
Scene at the workshop (Photo: VNA)
