Illustrative image (Source: VNA) HCM City (VNA) – Vietnam and Brazil boast potential of agricultural andtourism cooperation, as heard the Vietnam - Brazil trade forum held in Ho ChiMinh City on October 27.
Speaking atthe event, Director of the Vietnam Chamber of Commerce and Industry (VCCI)branch in Ho Chi Minh City Vo Tan Thanh said two-way trade between the twocountries hit 3 billion USD in 2016.
In the firstnine months this year, the figure neared 2.6 billion USD, up 13 percentannually. Vietnam mainly exports phones and electronic equipment, aquaticproducts, rubber, synthetic fiber and apparel to Brazil and imports industrialproducts, iron and steel, and beans.
In recentyears, Brazil has been listed among the five largest emerging economiesglobally with a 200 million population. The two countries also have room forcollaboration across agriculture, tourism, science-technology andeducation-training.
ViceGovernor of Maranhao state of Brazil Carlos Brando said Vietnam and Brazilshare similarities in soil and weather conditions and supplementary advantages.Vietnam has strengths in rice production, aquaculture, and fishing while Brazilhas abundant land, mild climate, and low-cost workforce, making it easier forthe two nations to partner in agriculture.
The Brazilian side wished that the two countries’authorities would boost trade and investment promotion to contribute tobilateral ties.-VNA
Speaking atthe event, Director of the Vietnam Chamber of Commerce and Industry (VCCI)branch in Ho Chi Minh City Vo Tan Thanh said two-way trade between the twocountries hit 3 billion USD in 2016.
In the firstnine months this year, the figure neared 2.6 billion USD, up 13 percentannually. Vietnam mainly exports phones and electronic equipment, aquaticproducts, rubber, synthetic fiber and apparel to Brazil and imports industrialproducts, iron and steel, and beans.
In recentyears, Brazil has been listed among the five largest emerging economiesglobally with a 200 million population. The two countries also have room forcollaboration across agriculture, tourism, science-technology andeducation-training.
ViceGovernor of Maranhao state of Brazil Carlos Brando said Vietnam and Brazilshare similarities in soil and weather conditions and supplementary advantages.Vietnam has strengths in rice production, aquaculture, and fishing while Brazilhas abundant land, mild climate, and low-cost workforce, making it easier forthe two nations to partner in agriculture.
The Brazilian side wished that the two countries’authorities would boost trade and investment promotion to contribute tobilateral ties.-VNA
VNA
