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May 25, 2017 / 14:49

Vietnam - Iran target $2 billion in two-way trade

By Ha My - Tuan Minh

PM Nguyen Xuan Phuc hosted a reception for Iranian Ambassador to Vietnam Saleh Adibi in Hanoi on May 24, during which he urged greater efforts to be made towards the goal of US$2 billion in two-way trade by 2020.

 
PM Nguyen Xuan Phuc hosted a reception for Iranian Ambassador to Vietnam Saleh Adibi
PM Nguyen Xuan Phuc hosted a reception for Iranian Ambassador to Vietnam Saleh Adibi
The government leader expressed his pleasure at the growing relations between Vietnam and Iran over the past years, voicing hopes that the ambassador would contribute to further strengthening all-around ties between the two countries.

For his part, Saleh Adibi spoke highly of the Vietnamese government’s positive reforms in an array of fields, particularly in trade and investment, affirming that Iran always wishes to accelerate traditional friendly relations with Vietnam.

In an effort to boost economic, trade and investment cooperation, as many as 30 Iranian companies recently visited Vietnam to explore investment opportunities in the country and work with the Vietnam Chamber of Commerce and Industry (VCCI), the ambassador added.


 
Iran is striving to expand ties with countries around the world, including those in the ASEAN region with Viet Nam as a focus, the ambassador said, calling for bilateral cooperation in banking with the establishment of a joint committee in the field to boost collaboration.

He hopes that two-way trade between the two countries would reach US$2 billion by 2020. Adibi also suggested the two sides to step up collaboration in tourism, science, technology and agriculture.

Agreeing with the diplomat’s recommendations, PM Phuc noted that the two nations need to continue the exchange of high-level delegations in order to enhance ties in politics and foreign affairs. He asked for coordination between the two countries’ authorized agencies in improving administrative procedures to facilitate the travel of their tourists

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