Vietnam, Portugal tighten trade ties

A Vietnamese-Portuguese business meeting was held in Hanoi on July 3 to boost economic cooperation between the two countries.

The event, held by the Vietnam Chamber of Commerce and Industry (VCCI), was attended by many Vietnamese and Portuguese businesses who were keen to study the local market and seek trade partners.

Local businesses had an exchange with Portuguese leading firms operating in the fields of publication, food processing, recycled industrial product distribution, construction machinery, plastic films, and animal feed production.

Since Vietnam and Portugal established their diplomatic ties in 1975, two-way trade turnover has grown significantly, from $100 million in 2008 to $170 million last year.

Nguyen Tuan Hai, an official from the VCCI, said Vietnam always attaches importance to strengthening cooperation with Portugal – a key trade partner of the Southeast Asian country. Businesses from both countries should plan the leading role in bringing bilateral trade to a higher level, Hai said.

Helena Ramos, an official from the Portugal Business Association, said the two countries should fully tap their potential to tighten economic ties in a more dynamic manner for mutual benefits.

http://english.vov.vn/Home/Vietnam-Portugal-tighten-trade-ties/20127/139575.vov

 

Category: Economy