Vietnam desires to promote trade and investment relations with Peru

Friday, 15/04/2022 13:25
Vietnamese Ambassador to the Federal Republic of Brazil and concurrently the Republic of Peru Pham Thi Kim Hoa has paid a working visit to Peru.

During the visit, Ambassador Pham Thi Kim Hoa paid a courtesy visit to Foreign Minister César Landa Arroyo and had working sessions with Deputy Minister of Education Walter Hernandez Alcántara, Deputy Minister of Foreign Trade and Tourism Ana Cecilia Gervasi, Special Advisor to the Ministry of Health Karin Pardo and the Advisor to the Ministry of Transport and Communications.

Ambassador Pham Thi Kim Hoa greets Foreign Minister of Peru César Landa Arroyo (Photo: baoquocte.vn)

At the working sessions, the Ambassador introduced Vietnam, the good and friendly relationship between Vietnam and Peru over the past 28 years, and opportunities, potentials as well as difficulties and challenges in bilateral cooperation.

She was also pleased to announce that the two-way trade turnover continued to maintain its upward momentum, from 108 million USD in 2010 to 633 million USD in 2021, despite being heavily impacted by the COVID-19 pandemic.

Currently, Vietnam's main goods exported to Peru include footwear, clinker and cement, computers, electronics and components, plastics, textile fibers, rubber, aquatic products and furniture. Vietnam imports from Peru fish powder, fish oil, acrylic fibers and processing materials.

In the field of investment, Vietnam now has two large energy and communications corporations operating in Peru, including the Military Industry and Telecoms Group (Viettel) and the National Oil and Gas Group (PVN).

At the meetings, Ambassador Pham Thi Kim Hoa expressed her wish to continue to deepen the friendship and cooperation, especially in economy, trade and investment, on the basis that the two countries participate in international cooperation mechanisms and institutions, such as APEC and CPTPP.

In particular, the Ambassador suggested that the Government of Peru continue to create favorable conditions and support the effective implementation of telecommunications and oil and gas investment projects of Viettel and PVN.

The two sides discussed many measures to further promote bilateral relations in the coming time, such as enhancing the exchange of delegations at all levels, regularly and effectively maintaining the cooperation mechanism including the Intergovernmental Committee and political consultation between the foreign ministries of the two countries, as well as open up new areas of cooperation such as tourism, education and technology.

On the Peruvian side, the leaders of ministries expressed their interest in strengthening relations with Vietnam, considering Vietnam an important partner in Southeast Asia.

Peru believes that it will receive active cooperation from Vietnamese ministries and branches to update market information; thereby creating favorable conditions for the business community to effectively explore all economic potentials of the two countries, serve the development of Vietnam and Peru, and contribute to peace, stability, cooperation and development.

During the visit, Ambassador Pham Thi Kim Hoa hosted a reception and introduced Vietnamese cuisine to Peruvian representatives of ministries, sectors and businesses interested in cooperation with Vietnam.

Peru is one of the countries with a stable and high growth economy compared to other countries in South America in particular and the Latin American bloc and the Caribbean in general. Besides, the legal framework of Peru is quite open and very beneficial for foreign investors./.

BTA

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