Log in
Vietnam

Vietnam-Iran’s first legislative agreement inked

Investment, agriculture, and banking cooperation, as well as open dialogues between the two countries, were among the points of discussion between the top parliamentary officials.

Vietnamese and Iranian parliaments have reached an agreement, the first of its kind in the history, which aims to boost comprehensive cooperation with a focus on economy and diplomacy.

 Chairman of Vietnam’s National Assembly Vuong Dinh Hue and Iran’s Parliament Speaker Mohammad Bagher Ghalibaf in Tehran on August 8. Photos: Quochoi

The agreement was signed by Chairman of Vietnam’s National Assembly Vuong Dinh Hue and Iran’s Parliament Speaker Mohammad Bagher Ghalibaf during the ongoing visit paid by the Vietnamese top lawmaker.

Accordingly, the two countries will discuss measures to boost trade ties.

In a press conference in Tehran on August 8, Ghalibaf disclosed that Iran and Vietnam had made new decisions regarding trade and visas. He said direct flights between Tehran and Hanoi would be available soon.

Meanwhile, Hue proposed enhancing economic relations between Vietnam and Iran through trade, investment, and business, particularly in agriculture and fisheries. Along with these other areas, the two parties want to improve their collaboration in science, technology, culture, and arts.

Gesture of partnership

Chairman Hue’s trip took place on the occasion of the 50th anniversary of the establishment of diplomatic ties between Vietnam and Iran, nearly 25 years after NA Chairman Nong Duc Manh’s Iran visit in 1999 and five years after Speaker of the Iranian Parliament Ali Larijani visited Vietnam in April of 2018.

During the three-day stay starting on August 8, the Vietnamese chairman met Iranian President Ebrahim Raisi, Chairman of the Iran-Vietnam Friendship Association Seyed Kamal Sajjadi who is former Iranian Ambassador to Vietnam.

 Chairman of Vietnam’s National Assembly Vuong Dinh Hue meets met Iranian President Ebrahim Raisi in Tehran on August 8. 

Chairman Hue said Vietnam attached great importance to the significant role of Iran in the West Asian region, adding that the two countries should tap the potential for a comprehensive partnership.

In talks with the association’s leader, Hue believed that the strongest factor in fostering the relations between the two nations is people-to-people ties. Vietnamese and Iranian people both share a commitment to independence and self-reliance in the building and development of their countries. He hoped that the Iran-Vietnam Friendship Association would continue to broaden the scope of its activities involving intercultural exchange.

On this occasion, Seyed Kamal Sajjadi said the association’s efforts include boosting Vietnam’s land and people on media with articles and books, preparing to make films on Vietnam while encouraging more Iranians to visit Vietnam.

Vietnam and Iran have held nine meetings of their Intergovernmental Committee and seven political consultations at the deputy ministerial level over the past 50 years.

However, there is still a lot of room for cooperation between the two countries in a number of areas.

The Iran-Vietnam Business Forum is scheduled to open in Tehran on August 8 with the participation of 70 Vietnamese businesspersons and a dozen Iranian companies, aiming to promote a deeper comprehension of the Vietnamese market and explore the various business and investment possibilities in the Southeast Asian nation.

Iranian parliament speaker said the two sides should be able to solve the existing problems with cooperation through banking committees.

The two countries' parliaments can help develop economic relations between Iran and Vietnam by passing laws.

Regarding educational and cultural cooperation, Hue expressed the country’s support for exchanging university professors between the two countries.

Reactions:
Share:
Trending
Most Viewed
Related news
Iran plans to promote investments in Vietnam

Iran plans to promote investments in Vietnam

22 Jan, 12:25

The move is intended for Iranian businessmen and traders to become acquainted with the business potential of Vietnam and having more vigorous presence in this market.

Ambassador: Vietnam, Iran bolster bilateral ties

Ambassador: Vietnam, Iran bolster bilateral ties

13 Mar, 11:51

On March 13, President Truong Tan Sang arrived in Tehran on seeking closer ties with Iran, especially in economy and trade, Vietnamese Ambassador to Iran Nguyen Hong Thach told the Tehran Times.

Cultural contest connects Vietnamese youth in Japan with President Ho Chi Minh

Cultural contest connects Vietnamese youth in Japan with President Ho Chi Minh

A children’s cultural contest held in Tokyo has helped nurture pride, creativity and a deep connection to President Ho Chi Minh among Vietnamese families living across Japan.

Vietnam strengthens role in ASEAN after 30 years of membership

Vietnam strengthens role in ASEAN after 30 years of membership

Apart from economics, Vietnam has strengthened ASEAN unity and centrality by contributing across all three pillars, from political-security to economic and socio-cultural cooperation, including maritime security, climate action, digital transformation and people-centered development.

First technical flight safely lands at Vietnam’s US$16-billion international airport

First technical flight safely lands at Vietnam’s US$16-billion international airport

Long Thanh International Airport in Vietnam's southern province of Dong Nai, with an investment of more than US$16 billion, is expected to welcome 25 million passengers each year once operational.

Vietnamese professor conferred Honorary Doctorate by Moscow Power Engineering Institute

Vietnamese professor conferred Honorary Doctorate by Moscow Power Engineering Institute

The conferral of the Honorary Doctorate reflects the enduring friendship between Vietnam and Russia over decades, acknowledges the traditional ties between the two nations’ scientific communities.

Party chief urges Hanoi to break bottlenecks, improve livelihoods

Party chief urges Hanoi to break bottlenecks, improve livelihoods

At a meeting with voters in central Hanoi, Party General Secretary To Lam highlighted urgent priorities for the capital, from easing traffic congestion and pollution to strengthening grassroots governance under the two-tier local government model.

EU praises Vietnam’s creative community for advancing sustainable design

EU praises Vietnam’s creative community for advancing sustainable design

EVSDA 2025 reinforces creativity’s role in driving sustainable development in Vietnam while connecting European and Vietnamese values and highlighting ideas for a greener and more inclusive future.

TECHFEST Vietnam 2025 reinforces innovation’s role in powering next growth phase

TECHFEST Vietnam 2025 reinforces innovation’s role in powering next growth phase

It is Vietnam's largest annual festival for innovative startups, highlighting inclusive innovation, encouraging technology commercialization and the development of new products to ensure that no one is left behind in the country’s transition to a knowledge-driven economy.

Innovation becomes core driver of national development: Vietnam PM

Innovation becomes core driver of national development: Vietnam PM

Innovation is the inevitable path for Vietnam's rapid and sustainable development, building an independent and self-reliant economy that is deeply integrated into the international community.