General Secretary of the Communist Party of Vietnam Central Committee and President To Lam and President of Panama José Raúl Mulino met the press in Hanoi on October 6 after their talks. Lam said they discussed bilateral ties as well as international and regional issues.
Two-way trade reached almost 500 million USD in 2025. Vietnam and Panama agreed to expand cooperation in trade, investment, agriculture, port logistics, finance, banking, tourism and transport.
The two sides also plan to continue negotiating agreements on investment protection and aviation. They discussed how the countries' geographic and economic advantages could strengthen transport, logistics and financial links between East Asia and Latin America.
The visit produced a joint statement setting out the directions, goals, principles and main areas of cooperation. Vietnam and Panama plan to expand diplomatic, parliamentary and people-to-people exchanges and help companies access each other's markets.
Mulino said Panama sees Vietnam as an important partner in Southeast Asia and wants to become a gateway for Vietnamese industries to Latin American and Caribbean markets. During the visit, the two countries signed agreements on security, maritime transport and agriculture.
The two sides also discussed agriculture, connectivity, tourism and shipping. Panama said it wants to expand its presence in Asia and create new opportunities for trade, investment and people-to-people ties.
Sources: VietnamPlus / Vietnam News Agency
