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Article: VIETNAM SEEKS US$1 BLN IN TRADE WITH BRAZIL.
- Article from:
- AsiaPulse News
- Article date:
- November 3, 2009
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HANOI, Nov 3 Asia Pulse - Trade between Viet Nam and Brazil was forecast to reach US$1 billion next year, a seminar held last week on business opportunities between the two countries was told.
The world's 10th largest economy had enormous potential for Viet Nam exports thanks to its population of 190 million people.
Two-way trade had surged during 2005-08 with an increase of 60 per cent a year, the Trade Promotion Agency of the Ministry of Industry and Trade said.
Bilateral trade hit $534.5 million in 2008, a year-on-year increase of 96 per cent.
In the first nine months of this year, Brazils exports to Viet Nam reached $200 million ...