President of Paraguay expects to pay official visit to Viet Nam this year
VGP - President of Paraguay Santiago Peña Palacios expressed his wish to pay an official visit to Viet Nam soon, especially on the occasion of the 30th anniversary of the establishment of diplomatic relations (1995–2025).
Vietnamese Ambassador to Paraguay Ngo Minh Nguyet (L) presents her credentials to President of Paraguay Santiago Peña Palacios, Asuncion, August 20, 2025 - Photo: VNA
Vietnamese Ambassador to Paraguay Ngo Minh Nguyet presented her credentials to the President in Asuncion, on August 20.
The Paraguayan leader expressed his admiration for Viet Nam's dynamic development as well as its socio-economic achievements.
Despite the geographical distance, Paraguay and Viet Nam share many similarities in culture, history, and struggle for national independence, said President Palacios, adding that the potential for cooperation between the two countries remains very significant.
He highly valued the outcome of Paraguayan Minister of Industry and Commerce Javier Giménez García de Zúñiga's visit to Viet Nam in 2024, which opened up many opportunities for bilateral economic and trade cooperation.
Viet Nam and Paraguay established diplomatic relations on May 30, 1995. Paraguay is among Viet Nam's 10 largest trading partners in Latin America and one of the markets with the fastest-growing trade turnover with Viet Nam.
In 2023, bilateral trade reached more than US$280 million, an increase of 22.2 percent compared to the previous year./.
