The event saw approximately 60 invited guests come together, alongside business representatives from both countries.
During his address, Vietnamese Ambassador to Venezuela Le Viet Duyen stated that the Vietnamese Government and people will always place great importance on promoting friendly relations and bilateral co-operation, especially with regard to the potentially strong sectors of the two nations.
The diplomat also gave assurances on the country’s readiness to share its experience with Venezuela in terms of national construction and development, particularly in the context of the spread of the novel coronavirus that has served to adversely affect the economic and social life of global and regional food security.
With regard to trade and economics, Venezuela can be considered a potential market for the country that is able to meet the goals of market expansion and diversification set by local firms.
Most notably, both nations are enjoying a window of opportunity in order to strengthen bilateral economic and trade co-operation whilst also promoting their comprehensive partnership.
In addition to trade exchanges, the two sides also boast huge potential to enjoy greater co-operation in fields such as energy, oil and gas, seafood, consumer goods manufacturing, health care, science and technology, and most significantly, agriculture.
The seminar saw entrepreneurs set up connectivity, introduce agro-forestry-fishery products, whilst sharing experiences in order to take full advantage of various business opportunities.
Located in South America, Venezuela has great potential for agricultural development which has yet to be fully tapped into. The Venezuelan Government is ready to offer great incentives to Vietnamese enterprises who are willing to invest in production and business activities in this field. Indeed, each year sees Venezuela import a large amount of food to serve domestic needs, with its rice volume standing at roughly 500,000 tonnes per year.
Ambassador Duyen described how the event is an excellent opportunity to connect firms from the two countries, whilst also deepening mutual understanding and grasping requirements and opportunities to further develop bilateral trading ties, especially in terms of the agricultural sector.
The seminar was also viewed as a contributory factor to promoting economic co-operation and raising two-way trade turnover on a par with the comprehensive partnership between the two nations, the Vietnamese diplomat added.
