Argentina is currently Viet Nam’s third-largest trading partner in Latin America, while Viet Nam ranks as Argentina’s sixth-largest partner worldwide. In 2024, bilateral trade reached 4.1 billion USD, up 19% year-on-year, with a highly complementary trade structure.

The European Union (EU) has unveiled detailed measures to protect farmers across the bloc, aiming to ease concerns over its trade agreement with the four South American nations of the MERCOSUR group.

Brazil is committed to supporting and coordinating with other Southern Common Market (MERCOSUR) member countries to promote the internal process towards beginning official negotiations on the bloc’s free trade agreement (FTA) with Viet Nam during Brazil's term as its rotating chair in the second half of 2025.

The Mercosur Summit has just concluded in Argentina, with member states reaffirming their commitment to enhancing the bloc’s competitiveness and accelerating its integration into the global economy.