VN vows to boost Pacific trade
A seminar “The Pacific Alliance (PA) and Việt Nam in the global context” was held in Hà Nội on Monday, aiming to support Việt Nam’s role as the ASEAN co-ordinator with the alliance. The event also looked to promote co-operation, trade and investment opportunities between the PA and Việt Nam. The Pacific Alliance, established in 2011, is a trade bloc comprised of Chile, Columbia, Mexico and Peru. It aims to move towards free movement of goods, services, resources and people; driving growth of the members’ economies. Vũ Quang Minh, assistant minister of foreign affairs, said that economic and trade relations between Việt Nam and the PA’s members had increased, with an impressive average annual growth rate of 15-20 per cent.
