Hue talks to businessmen participating in a forum on promoting investment and business between Vietnam and Iran. VNA/VNS
HANOI: During a forum on promoting economic, trade and investment cooperation between Vietnam and Iran held in Iran on Aug 9, National Assembly chairman Vuong Dinh Hue proposed that Vietnam and Iran need to have solutions to develop economic cooperation, trade and investment.
The forum was organised by Vietnam’s Industry and Trade Ministry and the Vietnam embassy in Iran in collaboration with the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
Chairman Hue said that firstly, the two countries needed to remove obstacles and difficulties to soon achieve the goal of increasing bilateral trade value.
The two sides also continue to improve the existing legal institutional frameworks to create favourable conditions for businesses and investors.
The two countries have built a number of important cooperation frameworks, including the Economic and Trade Joint Committee.
The committee’s 10th session will be held in the third quarter of this year to discuss solutions to solving the existing difficulties in doing trade and investment.
Hue also suggested that Vietnam and Iran needed to step up the activities of working groups on trade exchange and payment. The two countries have signed many agreements on double taxation avoidance, mutual judicial assistance and customs.
At the forum, ICCIMA president Hossein Selahvarzi said that the two countries have great potential for economic and trade cooperation.
The economies of Iran and Vietnam are complementary to each other. However, economic and trade cooperation is currently not commensurate with political and diplomatic relations, requiring them to make more efforts to promote this cooperation. — Viet Nam News/ANN
