Vietnam - Argentina's most important market in ASEAN: Official
Vietnam is the most important market of Argentina in the Association of Southeast Asian Nations (ASEAN), said the Secretary of Agriculture, Livestock and Fisheries of Argentina, Fernando Vilella.
Buenos Aires (VNA) – Vietnam is the most importantmarket of Argentina in the Association of Southeast Asian Nations (ASEAN), saidthe Secretary of Agriculture, Livesto𓆏ck and Fisheries of Argentina, FernandoVilella.
Speaking to a Vietnam News Agency reporter on the sidelinesof the 2024 Argentina Agricultural Exhibition Expoagro in Buenos Aires, theofficial said that Vietnam is also a key market in Argentina's trade development strategy. He emphasised that Vietnam is an important trade partner anda major customer of Argentina's agricultural industry as Vietnam is one of theleading soybeans/corn importers of Argentina. He also expressed his wish for stronger trade cooperation between Argentina and Vietnam, including the exchange ofhigh-quality products and the import of Vietnamese goods. Meanwhile, agricultural engineer Mariano Winograd said he is participating in a project on cooperation between Vietnam and Argentina in aquaculture, adding that a group of Vietnamese agricultural experts will arrive in Argentina next month to implement a cooperation project withthe northern province of Misiones in growing dragon fruit, citrus, and guava. Eduardo Larocreus, a member of the bioeconomy advisory boardunder the Ministry of Economy of Argentina, expressed his desire to exchange experiences, knowledge and technology for peri-urbanbioeconomy development with Vietnam, towards sustainable development andenvironmental protection. Argentina is one of Vietnam's leading partners in theAmericas. In the 2007 – 2022 period, bilateral trade increased nearly 13 times, from 378 million USD to 4.88 billion USD,making Argentina the 5th largest trading partner of Vietnam in the Americas.Meanwhile, Vietnam is Argentina's 6th largest trading partner. Argentina iscurrently one of the leading suppliers of corn and animal feed to Vietnam. Agricultural products make up 92% of Vietnam's import value from Argentina. Vietnam's main exports to Argentina include phonesand components; computers, electronic products and components; footwear;machinery, equipment, spare parts; raw materials and accessories for garment-textiles andfootwear./.
The Vietnamese Embassy in Argentina and the National University of Tres de Febrero (UNTREF) in Buenos Aires have co-organised a workshop on the comprehensive partnership between the two countries.
An array of political and cultural activities were held to mark the diplomatic relations between Vietnam and Argentina and Uruguay, Vietnamese Ambassador to Argentina, Uruguay and Paraguay Duong Quoc Thanh has said.
The Vietnamese Embassy in Argentina on December 22 organised an event to promote Vietnamese culture and cuisine, wrapping up a series of activities commemorating the 50th anniversary of the establishment of diplomatic relations between Vietnam and Argentina.
Argentina's newspaper La Nacion has run an article highlighting the business climate in Vietnam and encouraging the country's firms to explore the Southeast Asian market.
Vietnam and Argentina should enhance cooperation in economy, trade and investment to expedite their respective economic recovery and development, Hhead of the Vietnam Trade Office in Argentina Ngo Manh Khoi has assessed.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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.
Illustrative photo (Photo: VNA) 
