Vietnam Wants to Deepen Friendship and Cooperation with Peru

In the days from April 4 to 9, 2022, Vietnamese Ambassador paid a working visit to the Republic of Peru.
April 14, 2022 | 09:14

Peru considers Vietnam an important partner in Southeast Asia, officials from Peruvian ministries and sectors told Vietnamese Ambassador to Brazil and Peru Pham Thi Kim Hoa during recent meetings with the diplomat, reported VNA Wednesday.

Vietnam Wants to Deepen Friendship and Cooperation with Peru
At the meeting with advisors to the Minister of Transport and Communications. Photo: Vietnam's embassy in Brazil

During her trip to Peru from April 4-9, the Vietnamese diplomat paid a courtesy visit to Foreign Minister César Landa Arroyo, and had working sessions with Deputy Minister of Education Walter Hernandez Alcántara, Deputy Minister of Foreign Trade and Tourism Ana Cecilia Gervasi, and advisors to the Ministers of Health, and Transport and Communications.

Peruvian officials showed interest in strengthening relations with Vietnam, saying they hoped for active cooperation from Vietnam’s ministries and sectors in updating market information and creating favourable conditions for the two countries’ business community to effectively tap all economic potential.

Peru is trying to become a globalised economy with priority given to access to big markets in the world through trade agreements, they said, noting that the country gives priority to calling for investment and expanding trade cooperation in potential fields such as agriculture, textile industry, chemicals, and mining.

Ambassador Hoa briefed Peruvian officials on the fruitful development of the bilateral relations over the last 28 years.

She also mentioned potential and challenges facing the cooperation between the two countries.

Vietnam Wants to Deepen Friendship and Cooperation with Peru
At the meeting with advisors to the Minister of Health. Photo: Vietnam's embassy in Brazil

Hoa said Vietnam wants to further deepen the friendship and cooperation with Peru, especially in economics, trade and investment in the context of both countries having joined several major international cooperation mechanisms and institutions the Asia-Pacific Economic Cooperation (APEC) forum and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

Trade between Vietnam and Peru increased from USD 284.96 million in 2014 to USD 422.73 million in 2019.

In 2022, the value stood at only USD 391.17 million due to the impact of the Covid-19 pandemic. However, the bilateral trade grew strongly and hit USD 633 million in 2021.

Vietnam mainly exports footwear, clinker and cement, computers, electronics and components, plastic, fiber, rubber, aquatic products and furniture to Peru, and imports fish oil, acrylic fiber, materials for processing from the South American country.

Peru has been viewed as a potential market that matches Vietnamese firms’ capacity and scale as up to 75% of Peruvian export and import companies are small and medium-sized ones.

There are two Vietnamese large energy and communication corporations operating in Peru - the Vietnam Oil and Gas Group (PetroVietnam) and the Viettel Military Industry and Telecoms Group (Viettel).

Vietel officially provided telecommunications services in Peru in 2014 with the Bitel brand and the network operator with the largest fiber optic infrastructure with more than 8.3 million subscribers.

In the past time, Bitel has had many cooperation activities with Peruvian Government agencies and is highly appreciated such as: providing free Internet to 4,743 schools, donating 450 tablets, 450 smartphones and supporting websites, medical equipment for three provincial hospitals in Peru.

The Vietnamese diplomat called for the Peruvian government’s continued facilitation and support of investment projects of Viettel and PetroVietnam in the coming time.

Officials of the two countries then discussed measures to further promote the bilateral relationship in the coming time, especially in new areas of cooperation such as tourism, education, and technology.

Vietnam Wants to Deepen Friendship and Cooperation with Peru
Introducing Vietnamese cuisine such as spring rolls, pho to representatives of Peru's ministries, sectors and businesses. Photo: Vietnam's embassy in Brazil

Also during the visit, Ambassador Pham Thi Kim Hoa also hosted a reception and introduced Vietnamese cuisine to representatives of ministries, sectors and businesses interested in cooperation with Vietnam.

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