At a meeting with the council and administration of Buenos Aires on August 12, Tuân praised the Việt Nam-Argentina solidarity, friendship, and practical cooperation after over more than five decades since the establishment of their diplomatic relations and 14 years since the two nations set up their comprehensive partnership.

Hà Nội Deputy Party Secretary Nguyễn Ngọc Tuấn (third from left) meets with representatives of the Buenos Aires City Council and Government. — VNA/VNS Photo

Acknowledging the coordination of the Argentinean Embassy in Việt Nam in organising various cultural exchange activities, the official expressed his wish that the two sides will step up the sharing of experience in capacity enhancement, improving the effectiveness and inspection role of people-elected agencies, and the organisation of administrations at all levels.

He also called for collaboration in investment promotion, urban management, transport, environmental protection, cultural heritage preservation, and tourism and sports development, particularly football.

Matías López, First Vice President of the Buenos Aires City Council, commended the two capitals’ cooperation agreement signed in 2008 and expressed his hope that the two sides would continue to increase delegation exchanges, cultural interactions, and the exploration of investment and trade potential.

Ana Ciuti, Undersecretary of International Relations of Buenos Aires, affirmed that Việt Nam is now a key hub of innovation in Southeast Asia, notably the Hòa Lạc Hi-Tech Park in Hà Nội. Buenos Aires, she said, is eager to exchange experiences and cooperate with the Vietnamese capital in technological development and the production of high-tech products.

As part of the working visit, a Hà Nội-Argentina investment, trade, and tourism promotion conference was held on August 13, drawing the participation of nearly 70 Vietnamese and Argentinean enterprises.

In his opening remarks, Tuấn stressed that Việt Nam is regarded as a safe, attractive, and promising destination with a favourable investment environment for foreign businesses. He stressed that building on strong political and diplomatic ties, the two countries aim to boost economic and trade cooperation towards a bilateral trade target of US$10 billion in 2025.

He assured that Hà Nội authorities always value, accompany and are willing to create the best conditions possible for foreign businesses to invest and operate effectively.

At the conference, Vietnamese Ambassador to Argentina Ngô Minh Nguyệt underscored the two countries’ significant potential for bilateral cooperation.

The bilateral trade increased nearly 17-fold to $3.45 billion in 2023 from $204 million in 2004. Việt Nam is currently Argentina’s sixth-largest trading partner and fifth-largest export market in the world, while Argentina is Việt Nam’s third-largest trading partner in Latin America.

President of the Mercosur-ASEAN Chamber of Commerce (MACC) Rodolfo Caffaro Kramer said he hopes to establish joint ventures with Vietnamese firms, especially in the preservation of rice varieties and cattle embryos.

He also stressed the importance of enhancing air connectivity to boost trade exchanges and proposed the opening of a direct air route between the two nations.

Concluding the event, representatives of Vietnamese and Argentine businesses inked various cooperation agreements.

While in Argentina, the Hà Nội delegation also laid a wreath at Hồ Chí Minh monument in Buenos Aires, held meetings with the local departments of justice, urban development, and foreign affairs, and worked with the Vietnamese Embassy.