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FTAs boost Chile- Vietnam trade

Free trade agreements between Vietnam and Chile have given a boost to their bilateral trade ties.  Statistics by the MoIT reveal that by the end of August, the two-way trade reached 1.27 billion USD despite impacts of the COVID-19 pandemic, with Vietnam’s exports to Chile up 44 percent and imports, up 15 percent year-on-year.

Le Hoang Tai, deputy head of Vietrade, said the conference gave businesses of both countries an insight into each other's markets, towards sustainable cooperation. He said the Vietnamese government has taken various measures to recover the economy like removing barriers in administrative procedures, promoting digitalization, and creating optimal conditions for enterprises to join the global business network. 


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