Vietnam, Mexico to boost agriculture, seafood cooperation
There's a lot of room for closer ties in the agriculture and seafood sectors between Vietnam and Mexico, especially thanks to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a meeting heard in Hanoi on October 22.
Representatives from VCCI and COMCE sake hands after signing the agreement (Photo: vccinews.vn)
Hanoi (VNA) - There's a lot of room for closer ties in theagriculture and seafood sectors between Vietnam and Mexico, especially thanksto the Comprehensive and Progressive Agreement for Trans-Pacific Partnership(CPTPP), a meeting heard in Hanoi on October 22.
Vietnam Chamber of Commerce and Industry (VCCI) Vice Chairman Dao Duy Khuong saidVietnam considers Mexico an important partner. Besides agriculture, the twosides could foster ties in tourism.
Saying Mexico was an open market, Khuong added that the country could act as abridge for Vietnamese businesses to penetrate deeper into markets in NorthAmerica thanks to the US-Mexico-Canada Agreement.
Meanwhile, Vietnam was an effective gate for Mexican companies to work withenterprises in the ASEAN bloc, Khuong said.
The vice chairman suggested the establishment of a group which will be incharge of researching potential goods of the two countries so businesses canship these products to each other's market to enhance bilateral trade.
For his part, Sergio Ley Lopez from the Mexican Business Council for ForeignTrade (COMCE) praised Vietnam’s achievement in economic and human development,saying Vietnam was a lucrative market for Mexican firms.
Currently, Mexico imports a lot of farm produce from Vietnam, typically riceand coffee, he said, adding that 70 percent of the rice sold in Mexico wasimported from Vietnam.
In the future, it was necessary for the two business communities to seekopportunities for new products that could be exported to each other, he said.
Mexico hoped to export beef products to Vietnam in the near future, he said,emphasising the importance of developing a process for food quarantine.
The meeting also saw a cooperation agreement on trade and investment inkedbetween VCCI and COMCE. The two sides hoped the agreement would facilitatebilateral trade and investment coordination between two business communities.
Mexico is Vietnam’s second biggest trade partner in Latin America while Vietnamis Mexico’s eighth largest partner in Asia-Pacific./.
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will help create a more favourable environment for Vietnam and Mexico to bolster their economic, trade and investment ties, Vietnam’s Ambassador to Mexico Nguyen Hoai Duong said.
A delegation of the Labour Party (PT) of Mexico led by National Coordinator Alberto Anaya is on a working visit to Vietnam from August 25 – 30 at the invitation of the Communist Party of Vietnam (CPV) Central Committee.
Vietnam recorded a trade surplus of over 1 billion USD with the 10 other members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in the seven months since the deal took effect in the country in January, according to the General Department of Vietnam Customs.
Vietnamese Deputy Foreign Minister Bui Thanh Son and his Mexican counterpart Julian Ventura Valero have compared notes on measures to strengthen relations between the two countries and foreign ministries.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.