Turkish businesses want to boost export to Vietnam, which posts high and stable economic growth and is also a gateway for other countries to access the common market in the ASEAN Economic Community, according to the Turkish Exporters’ Assembly.
HCM City (VNA) –Turkish businesses want to boost export to Vietnam, which posts high and stableeconomic growth and is also a gateway for other countries to access the commonmarket in the ASEAN Economic Community, according to the Turkish Exporters’Assembly (TIM).
At a trade exchange programme in Ho Chi MinhCity on May 5, TIM Deputy Chairman Mustafa Cikrikcioglu said the developmentpotential of Vietnam and Southeast Asia is very big, and this is an opportunityfor Turkish enterprises to expand trade ties with these markets.
Many Turkish companies shared the view thatVietnam and Turkey have different specialised production fields while goodsthey are strong at are not direct rivals to each other, so their businesses caneasily cooperate and support each other.
Vietnam has strength in exporting electronicdevices and components, rubber, fabric, and agricultural products. Meanwhile,Turkey is good at manufacturing, agricultural product processing equipment,mechanics, and machinery which are now in demand in the Southeast Asian nation.
To promote Turkey’s export to Vietnam and mutualinvestment, the TIM will work with the Vietnam Chamber of Commerce and Industry(VCCI) to increase direct contact between the countries’ businesses such as byorganising trade events or participating in exhibitions.
Turkish companies also expressed their hope thatthe two Governments will soon streamline visa granting procedures so thatentrepreneurs can have better conditions to meet and set up long-termpartnerships.
Nguyen The Hung, Deputy Director of VCCI’s HCMCity branch, said Vietnam and Turkey boast sound cooperation in variousspheres, including trade that has been growing strongly in recent years.However, bilateral trade revenue has yet to be on par with potential and isstill dominated by Vietnamese exports.
To foster trade activities, the countries’Governments and business associations should coordinate more closely and devisemore solutions to connect and support their enterprises, he added.
In 2016, bilateral trade reached 1.5 billionUSD, including more than 1.3 billion USD of Vietnam’s shipments. Turkey has 15investment projects with total capital of 704 million USD in Vietnam at present.-VNA
A delegation of business executives representing nine companies based in Turkey’s Antalya city on September 7 met with their counterparts in HCM City to exchange information.
The Turkey Ministry of Economy’s General Directorate of Imports has issued the final decision on anti-dumping investigation into polyester textured yarn imported from some countries, including Vietnam
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative image (Photo: VNA) 
