Vietnam, Mexico set up joint committee on investment and economic cooperation
09:30, 2016/02/05
Vietnam and Mexico have agreed to establish a joint committee on trade, investment and economic cooperation.
The agreement was signed in Auckland, New Zealand on February 4 on the sidelines of a signing ceremony of the Trans-Pacific Partnership (TPP) agreement.
The committee will be co-chaired by Vietnam Minister of Industry and Trade Vu Huy Hoang and Mexican Secretary of Economy Ildefonso Guajardo Vilareal, who will manage economic, trade and investment cooperation activities.
Forty years since the establishment of diplomatic ties, economic, trade and investment cooperation between the two nations have seen vigorous development but is still below their full potential.
The establishment of the joint committee will give both sides a good opportunity to grasp huge opportunities presented by TPP, in which they are signatory states.
Photo for illustration
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Forty years since the establishment of diplomatic ties, economic, trade and investment cooperation between the two nations have seen vigorous development but is still below their full potential.
The establishment of the joint committee will give both sides a good opportunity to grasp huge opportunities presented by TPP, in which they are signatory states.
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Vietnam news in brief - August 24
Read The Hanoi Times to stay up to date on developments in Vietnam.
- Growing number of FDI firms moving to Vietnam
- Vietnam Gov’t committed to facilitating Adani Group’s US$2-billion port project
- Vietnam Railway proposes US$87 million for Hanoi–Dong Dang railway upgrade
- Vietnam’s North-South high-speed railway to be designed for 350km/h
- Vietnamese gov’t urged to address impact of global minimum tax
- Samsung plans drastic investment increase in Vietnam over next three years