Many Spanish firms come knocking

Source: Pano feed

Thuy Dung


Representatives of Vietnamese and Spanish companies at the trade promotion conference in Hanoi on March 26 - Photo: Thuy Dung

Representatives of Vietnamese and Spanish companies at the trade promotion conference in Hanoi on March 26 - Photo: Thuy Dung



The key message was delivered by Jose Manuel Garcia-Margallo, Spain’s Minister for Foreign Affairs and Cooperation, at the Vietnam-Spain trade promotion conference in Hanoi on March 26. He is in Vietnam together with representatives of 15 Spanish companies.


Garcia-Margallo also pointed out one more reason for more Spanish companies to explore the Vietnamese market that Vietnam and Spain had signed an agreement on double taxation avoidance and many more agreements were underway to facilitate trade between the two countries.


Hoang Van Dung, vice president of the Vietnam Chamber of Commerce and Industry (VCCI), told the conference that Vietnam’s export to Spain reached US$1.5 billion in 2012, with apparels, footwear and coffee being major export earners.


Spain had pledged investments of around US$35.5 million in Vietnam as of 2013. “This investment remains modest,” Dung said.


However, there are opportunities for enterprises of the two countries. They were able to cooperate in many sectors, including infrastructure, telecom, electronics, farm produce processing, garment, footwear, woodwork and tourism, Dung said.


Speaking at the conference, Dang Kim Son, director of the Institute of Policy and Strategy for Agriculture and Rural Development, said Spain had been known as Europe’s big exporting country for fruits and vegetables produced with green technologies. “So, Vietnam wants to learn how Spain applies technologies to its agriculture, especially in vegetable and fruit processing,” Son said.




Đăng ký: VietNam News