PERU VIEWS VIETNAM AS AN ATTRACTIVE INVESTMENT DESTINATION
Last Updated: 2012-07-31
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LIMA, July 31 (NNN-ANDINA) - Vietnam could become an attractive investment destination in Peru as Peruvian companies are increasingly investing in foreign countries, Peru's Foreign Trade Society (ComexPeru) said.

ComexPeru said that a trade agreement with Vietnam would be interesting as it will increase the export of products and attract investment from that country.

"We must seize the opportunity to improve our relations with this member country of Asia-Pacific Economic Cooperation (APEC) Forum and Trans-Pacific Partnership (TPP)," it said.

Peruvian exports to Vietnam from January to May 2012 amounted to US$50 million, up 79 percent compared to same period a year earlier.

Traditional shipments to Vietnam accounted for 82 percent of total exports (up 68 percent), totaling US$41 million between January and May 2012.

The remaining 18 percent were non-traditional exports, which amounted to US$9 million, a 146 percent increase year-on-year. -- NNN-ANDINA