The Vietnam – Chile free trade agreement, which took effect last January,
has opened up chances for their business communities, Chilean Vice
Ambassador to Vietnam Alvaro Guzman said at a workshop in the southern
province of Dong Nai on August 1.
Under the agreement, both
countries will lift tariff on more than 9,000 products and offer
incentives for their services and investment in the next three years.
It also sets provisions on market access, regulations of origin, quarantine, and technical barrier.
According to Guzman, Chilean firms are keen to work with Vietnamese
partners active in agriculture, garment, footwear, food, handicrafts and
consumer goods.
Chile will be a springboard for Vietnamese firms to enter other Latin American countries, he said.
Vietnamese enterprises should engage with more Chilean partners and
others from the third countries to learn about the market, Ngo Van Phong
from the Department of American Market of the Ministry of Industry and
Trade suggested.
The workshop was co-hosted by the provincial
Department of Industry and Trade and the Vietnam Chamber of Commerce and
Industry.-VNA