Viet Nam News

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Việt Nam seeks to boost agricultural trade with Venezuela

The Vietnamese Embassy in Venezuela held a webinar on Tuesday to introduce the Southeast Asian country’s agricultural potential to Venezuelan partners.

Addressing nearly 60 guests and representatives of the two countries’ businesses, Vietnamese Ambassador to Venezuela Lê Viết Duyên said the Vietnamese Government and people always attach importance to enhancing the two countries’ friendship and co-operation.

Việt Nam is ready to share its development experience with Venezuela, particularly amidst the COVID-19 pandemic’s serious impacts around the world, he said.

In terms of economy and trade, Venezuela is a potential destination for Vietnamese goods as it can help Vietnamese firms expand and diversify their markets, Duyên noted, adding that the countries have opportunities to strengthen bilateral economic and trade ties, contributing to their comprehensive partnership.

Aside from trade, they also boast considerable potential for cooperation in such areas as energy, oil and gas, fisheries, consumer goods, health care, science-technology, and especially agriculture, according to him.

At the event, enterprises introduced their agro-forestry-fishery products, shared experience, and discussed business opportunities.

The South American nation holds huge potential for agricultural development, but this potential remains largely untapped.

Venezuela imports a large volume of food, including about 500,000 tonnes of rice each year, to serve domestic demand, the webinar heard.

Ambassador Duyên said this is a good chance for the two sides’ businesses to boost mutual understanding and seize trade opportunities, particularly in agriculture. — VNS