Jan 25, 2013

Vietnam - Vietnam leaders welcome Argentine President

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Argentina full of potentials for Vietnam

HANOI – President Truong Tan Sang on Monday met with President Cristina Femandez de Kirchner of Argentina, who is on an official visit to Vietnam, remarking her visit will bring the bilateral relationship to a new height.

Sang said the visit would foster the development of the friendship between Vietnam and Argentina, especially when this year marks the 40th anniversary of establishment of the bilateral diplomatic relations.

The two presidents discussed the events to be held to celebrate this anniversary and the measures to strengthen cooperation in various fields.

On the same day, Prime Minister Nguyen Tan Dung also had a meeting with President Cristina Femandez de Kirchner.

The Prime Minister thanked the country for its assistance for Vietnam’s socio-economic development.

In recent years, the multi-faceted cooperation between Vietnam and Argentina has been developing in a positive way, offering practical benefits for the development of the two countries. Dung stated Vietnam would continue to join forces with Argentina to promote in-depth development, quality and efficiency of the bilateral cooperation.

In addition, the two sides will promote cooperation in economics, trade, investment, agriculture, science-technology, culture and education, with an aim to raise the two-way trade turnover from the current level of US$1 billion, says a report on the Government web portal chinhphu.vn.

President Cristina Femandez de Kirchner expressed her pleasure at the developments in the Vietnam-Argentina relations, saying Argentina looks forward to greater cooperation with Vietnam in agricultural product processing, energy, mechanical engineering and leather-footwear.

On the occasion of this visit, the Vietnam Chamber of Commerce and Industry in collaboration with the Argentine Embassy in Hanoi organized a business forum with participation of over 200 Argentine businessmen accompanying the visiting president and nearly 400 Vietnamese entrepreneurs, says a Vietnam News Agency report.

Vietnam’s export to Argentina reached US$154.5 million in last year’s eleven-month period while the import from this country amounted to US$859.8 million. Such figures are still modest but marked a big step in the trade relations between the two countries compared to five years ago.

Vietnam’s main products exported to Argentina are apparels, footwear, rubber, electronic and electrical devices and handicraft products. Meanwhile, Vietnam mainly imports soybean, wheat, animal by-products, pharmaceuticals, chemicals, plastics, yarn, garment materials, machines, auto components, milk products, wood, steel, cowhide and wine.

Speaking at the seminar, Tran Tuan Anh, Deputy Minister of Industry and Trade, said that with over 40 million people, Argentina was a big market full of potentials for Vietnamese exporters and investors. Vietnam will facilitate enterprises of the two countries to penetrate each other’s market, targeting to achieve US$1.5 billion in two-way trade in 2015.

Doan Duy Khuong, vice chairman of the Vietnam Chamber of Commerce and Industry (VCCI), said VCCI has set up the Vietnam-Latin America business council to assist Vietnamese enterprises in Latin American markets, inclusive of Argentina.

There are nearly 200 Argentine enterprises accompanying Argentine President Cristina Fernandez de Kirchner in her visit to Vietnam.

Guillermo Moreno, Argentina’s Interior Commerce Secretary said that Vietnam was also a potential market for Argentina.

Minh Duc - The Saigon Times Daily

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