Seminar co-organized by the Spanish Embassy and HCM City Investment and Trade Promotion Centre, aims to increase bilateral trade between two countries particularly in the field of trade and investment.
Vietnam is one of the favourite destinations of Spain as it is ranked 13th among European countries investing in Vietnam.
Spain's Tecnicas Reunidas holds 20 percent stake in Dung Quat Oil Refinery situated in Quang Ngai. This US $2 billion refinery is first in Vietnam with such facility.
Trade between two countries is expected to increase $910 million in 2006, a surge of 20 percent year-on-year basis.
Vietnam exports seafood, garments, coffee, footwear and furniture to Spain. While Spain exports chemical products, industrial machinery, electronic, iron and steel products, and pharmaceutical drugs to Vietnam.
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