08:22 | 12/06/2018 Trade
Vietnamese businesses are joining Argentine and foreign peers at AgroActiva – the biggest agricultural fair in Argentina, in Santa Fe province, which is around 400 km from Buenos Aires.
|Agriculture machinery showcased at the fair - Photo: VNA|
The annual trade fair, opened on June 7, showcases not only farm produce and agricultural machinery but also scientific and technological applications in farming.
Representing Vietnam as a special guest of the fair, Ambassador to Argentina Dang Xuan Dung hosted a talk introducing the country and its economic policy to participants.
He affirmed that Vietnam has been pursuing comprehensive international integration, which has helped it spur its national economy, expand export markets, participate deeply in global value and production chains, and carry out economic restructuring.
Vietnam and Argentina made a two-way trade value of US$3 billion in 2017, with Argentina becoming Vietnam’s second biggest trade partner in Latin America and Vietnam becoming Argentina’s second biggest market in Asia.
The two countries have a lot of potential for agricultural cooperation as Vietnam has a high demand in animal feed, cooking oil, grains, and wheat which are strengths of Argentine agriculture.
During the fair, participating Vietnamese businesses met with Argentine partners and sought purchases on farming production machinery.