Vietnam Business Opportunities Attract Chilean Enterprises
A business delegation of 18 Chilean companies will visit Vietnam from March 26 to April 1, to explore the market and seek business opportunities, said Chile’s Export Promotion Bureau (PROCHILE).
The visit, organized by Chile’s Industrial Development Association (SOFOFA), Pacific Ocean Fund and Quiúenco SA Group, is part of Chile’s policy to enhance economic and trade ties with Asian nations.
During the stay, a cooperation agreement is expected to be signed between SOFOFA and the Vietnam Chamber of Commerce and Industry. A representative office of PROCHILE will be launched in Ho Chi Minh City.
The mission is slated to attend business workshops in Hanoi and Ho Chi Minh City, meet Vietnamese partners and visit some industrial and export processing zones, supermarkets and centers for goods distribution.
Chile’s exports to Vietnam increased 54 per cent to nearly $107.2 million last year, according to statistics from PROCHILE.
Chile mainly exports cod-liver oil, timber and salmon to Vietnam, while importing coffee and sports shoes.
Vietnam and Chile established diplomatic relations on March 25, 1971. The country opened its embassy in Vietnam from 1971-73 under President Salvador Allende's administration, which was then closed. It has just reopened its representative agency here in June 2005. (VoV)
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