During the reception, VCCI Vice President Nguyen Quang Vinh praised the strong bilateral relations between Vietnam and Chile, expressing optimism regarding future economic cooperation between the business communities of both nations.

Mr Vinh emphasized that VCCI has established robust cooperative ties with numerous Chilean trade promotion organizations and business associations. This network provides a solid foundation for networking, partner sourcing, and bilateral investment promotion.

Appreciating the proposals put forward by the Chilean Embassy regarding the President's next visit, Mr Vinh noted that these collaborative initiatives will not only create fresh opportunities for enterprises from both countries but will also bolster broader economic integration between Vietnam and the Latin America. Furthermore, it will facilitate Chilean businesses in leveraging Vietnam as a gateway to access the broader ASEAN market.

The VCCI Vice President affirmed that VCCI is fully prepared to collaborate with the Chilean Embassy in organizing a high-level roundtable conference featuring leaders and business representatives from both countries. Given the tight schedule, both sides agreed to promptly discuss and finalize the scale, composition, priority sectors, and event agenda.

Ambassador Nasly Isabel Bernal Prado expressed her sincere gratitude for the warm hospitality extended by VCCI Vice President Nguyen Quang Vinh. She voiced her anticipation for continued support and close coordination from VCCI for a series of key events scheduled for November 2026, with particular emphasis on the Vietnam – Chile Business Forum during President José Antonio Kast's working visit.

These engagements are widely expected to provide a vital platform for the business communities of both nations to deepen ties, expand market reach, and forge concrete business partnerships.

The Vietnam – Chile Business Forum is expected to help operationalize the untapped economic potential between the two countries, opening up new avenues for enterprises to expand markets, enhance investment connectivity, and efficiently leverage existing free trade agreements.

Vietnam-Chile bilateral trade turnover reached approximately $1.779 billion in 2025, marking a 4.6% increase compared to 2024, with Vietnam’s exports accounting for approximately $1.42 billion. Chile currently stands as Vietnam's fourth-largest trading partner in Latin America.

Both nations share important bilateral cooperation frameworks, most notably the Vietnam – Chile Free Trade Agreement (VCFTA) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Chile remains one of Latin America's high-income economies, with a per capita GDP of approximately $17,880 in 2025. With a deeply integrated economy, Chile currently maintains 36 economic and trade agreements encompassing 66 economies, covering roughly 89% of global GDP.

For Vietnamese exporters, both the VCFTA and CPTPP afford significant competitive advantages in market access. Under the VCFTA commitments, Chile is slated to eliminate tariffs on 99.62% of tariff lines for Vietnamese goods under a roadmap extending to 2029. Similarly, under the CPTPP, Chile has committed to phasing out virtually all tariff lines according to its established schedule. To qualify for these preferential tariff rates, goods must strictly meet the rules of origin and regulatory conditions set forth in the respective agreements.