Vietnamese businesses attend largest agricultural fair in Argentina

Friday, 2018-06-08 18:02:37
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Agriculture machinery showcased at the fair (Photo: VNA)
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NDO/VNA – Vietnamese businesses have joined their Argentine and foreign peers at AgroActiva – the largest agricultural fair in Argentina, in Santa Fe province, around 400km from Buenos Aires.

The annual trade fair, which 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 the participants.

He affirmed that Vietnam has been pursuing comprehensive international integration, which has helped it to spur its national economy, expand export markets, participate more 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 the strengths of Argentine agriculture.

During the fair, the participating Vietnamese businesses met with Argentine partners and sought purchases on farming production machinery.