14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM

Local firms seek investment opportunities in Turkey

Vov/Hanoitimes

Jul 11, 2014 / 04:20 PM

A Vietnamese business delegation is visiting Turkey from July 9-12 to seek investment opportunities, especially in the electronics and home appliance industries.

The delegation, led by Dien Quang Company Director General Ho Quynh Hung, are making the visit at the invitation of Levent Çakıroğlu, CEO of Arçelik, one of Turkey’s leading industrial groups.

The two sides are expected to establish an official cooperation channel, bolstering bilateral trade ties.

Dien Quang CEO said he wants to study the Turkish markets and secure a foothold in the Middle Eastern country, which he described as the largest export market of Vietnam in southern Europe.

During their stay in Istanbul, the Vietnamese businesses worked with representatives from the Union of Chambers and the Commodity Exchanges of Turkey (TOBB), the Foreign Economic Relations Board of Turkey (DEİK)’s Turkey-Vietnam Business Council, and a number of Turkey businesses.

Vietnam Ambassador to Turkey Pham The Cuong expressed his strong desire to strengthen economic links between the two countries. Turkey’s large groups are more than welcome to invest in Vietnam, he said, adding that the Vietnam Embassy in Turkey has implemented many activities to promote Vietnam-Turkey business connectivity and facilitate Vietnamese firms’ operations overseas.

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