Peru seeks closer trade ties with Vietnam

October 22, 2014 | 09:07
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The Foreign Trade Association of Peru (ComexPeru) hopes to clinch a trade and investment deal with Vietnam in the near future.
Viettel launched its Bitel brand in the South American country of Peru on October 15

ComexPeru cited WB statistics, saying that Vietnam economy has been developing dynamically in recent years with an average annual growth rate of 5.7% during the period from 2009 to 2013.

Peru exported more than US$86 million worth of goods to Vietnam in the first eight months of this year, a year-on-year increase of 256%. Of which, seafood exports reached US$59 million and agricultural and livestock exports hit US$7.6 million.

Meanwhile, its import turnover from Vietnam gained US$152 million, up 88% compared to the same period last year.

ComexPeru said a trade agreement with Vietnam will foster trade exchange between the two sides, allowing Peru to diversify its export products.

VOV

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