Emirates News Agency – Vietnam and Mexico promote economic, trade and investment cooperation

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MEXICO CITY, 5th July, 2022 (WAM) — A delegation of 23 Vietnamese entrepreneurs, led by Deputy Minister of Industry and Trade Do Thang Hai, attended the Vietnam-Mexico Business Forum in Mexico City on Monday, with the aim of seek opportunities for cooperation with host country partners.

Foreign Trade Undersecretary of Mexico’s Economy Secretariat Luz Maria de la Mora praised the bilateral economic and trade relations, saying that Mexico considers Vietnam a strategic market in the Asia-Pacific region. Pacific, the Vietnam News Agency (VNA) reported.

She expressed the hope that the authorized agencies of the two countries will continue to strengthen their close coordination in the coming times and that their businesses will effectively take advantage of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), thus helping to promote the bilateral trade turnover. than the post-pandemic economic recovery.

For his part, Vice Minister Hai said Mexico is currently Vietnam’s second-largest trading partner in Latin America and Vietnam is Mexico’s eighth-largest trader in Southeast Asia.

He cited statistics from the General Department of Vietnam Customs, saying that bilateral trade turnover increased positively in 2021, reaching $5.06 billion, up 37.5 percent year-on-year. ‘other. The figure reached $2.33 billion in the first five months of 2022, up 21.9% year-on-year.

“Vietnam wants to further increase the value of trade and investment with Mexico, focusing on energy, telecommunications, high-tech agriculture and high value-added industries,” Hai said. .

WAM/Esraa Ismail/MOHD AAMIR

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