Dialogue talks Vietnam – Iran business opportunities
Wednesday, April 18,2018AsemconnectVietnam - A Vietnam – Iran business dialogue took place in Hanoi on April 17 to discuss business opportunities between the two countries.
The event was co-organised by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam – Iran Business Council and Iranian Embassy in Vietnam on the occasion of the ongoing visit by Speaker of the Parliament of Iran Ali Ardeshir Larijani.
Speaking at the dialogue, VCCI Vice President Doan Duy Khuong said bilateral ties have grown towards lifting two-way trade to US$2 billion, with a focus on oil and gas, telecommunications, agriculture and aquatic products.
Two-way trade hit US$164.6 million last year, a modest figure compared to the two countries’ potential. Vietnam could export rice, tea, coffee, cashew nuts, pepper, rubber, motorbike and bicycle spare parts to Iran while the Western Asian country could ship petrol, asphalt, chemicals and plastics to Vietnam.
Apart from trade and investment, tourism remains a promising field, given that Vietnam is home to a number of tourist landmarks and beautiful beaches.
Khuong said Vietnam established the Vietnam – Iran Business Council in April 2017 with an aim to serve as a bridge connecting cooperation opportunities between the two countries’ businesses.
Larijani, for his part, suggested bilateral cooperation in oil and gas, petrochemicals, especially liquefied gas, seaports, information technology, telecommunications and tourism, adding that Iran needs to import seedlings, plant oil, rice, and wood materials for paper production.
He expressed his hope that difficulties in payment method and visa will be removed to contribute to raising two-way trade.
A representative from Iran said the country is now home to six free economic zones where enterprises will enjoy tax exemption within 15 years and many other incentives.
Source: vov.vn
Speaking at the dialogue, VCCI Vice President Doan Duy Khuong said bilateral ties have grown towards lifting two-way trade to US$2 billion, with a focus on oil and gas, telecommunications, agriculture and aquatic products.
Two-way trade hit US$164.6 million last year, a modest figure compared to the two countries’ potential. Vietnam could export rice, tea, coffee, cashew nuts, pepper, rubber, motorbike and bicycle spare parts to Iran while the Western Asian country could ship petrol, asphalt, chemicals and plastics to Vietnam.
Apart from trade and investment, tourism remains a promising field, given that Vietnam is home to a number of tourist landmarks and beautiful beaches.
Khuong said Vietnam established the Vietnam – Iran Business Council in April 2017 with an aim to serve as a bridge connecting cooperation opportunities between the two countries’ businesses.
Larijani, for his part, suggested bilateral cooperation in oil and gas, petrochemicals, especially liquefied gas, seaports, information technology, telecommunications and tourism, adding that Iran needs to import seedlings, plant oil, rice, and wood materials for paper production.
He expressed his hope that difficulties in payment method and visa will be removed to contribute to raising two-way trade.
A representative from Iran said the country is now home to six free economic zones where enterprises will enjoy tax exemption within 15 years and many other incentives.
Source: vov.vn
Indian research intern: Vietnam’s clean energy transition accelerates
Nordic countries share green solutions for circular economy with Vietnam
Vietnam promotes negotiations of FTA with Mercosur
Vietnamese, Dutch localities step up cooperation
Vietnam joins Multilateral Convention to tackle tax evasion and avoidance
Vietnam, Mexico see ample room for trade cooperation: workshop
Hoa Binh province exports first batch of fresh sugarcane to US
Aviation firms ready to welcome Chinese tourists
Vietnam, South Africa explore cooperation potential
Mong Cai int’l border gate facilitates Vietnam’s exports to China
Vietnam’s trade with top 11 Asian markets is set to grow significantly
Foreign direct investment projects go green
Vietnam has dual opportunity from offshore wind power: Danish Ambassador
Mini Thailand Week kicks off in Quang Ninh
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...