Gholamhossein Shafei, President of the Iran Chamber of Commerce, Industries, Mines and Agriculture, speaks at the business forum (Photo: VNA)
Hanoi (VNA) – A Vietnam – Iran business forum washeld in Hanoi on April 20 with a view to fostering the two countries’friendship and economic-trade partnership.
The event attracted a number of Vietnamese andIranian companies engaging in garment, footwear, construction materials,aquatic and agricultural products, and household appliance production.
Chairman of the Vietnam Chamber of Commerce andIndustry (VCCI) Vu Tien Loc said the two countries have signed many agreementsrelating to agriculture, aquatic products, culture, education, banking, customsand aviation.
In 2016, bilateral trade reached 116.9 millionUSD, including 86.8 million USD worth of Vietnamese exports.
While Iran is a big market in the Middle Eastand has advantages of energy, petrochemistry and mining, Vietnam is a gatewayto the ASEAN region and boasts considerable agricultural and fishery potential,he noted.
Tourism is also a promising field for cooperationas Vietnam is home to many beautiful landscapes attractive to Iranian visitors,Loc added.
Gholamhossein Shafei, President of the IranChamber of Commerce, Industries, Mines and Agriculture, said with the largestoil reserves in the world, Iran can supply Vietnam with petrochemical products,asphalt, polymer, base oil and minerals. In fact, it has exported a largevolume of asphalt and polymer to Vietnam every year.
He said Vietnam can act as a bridge for Iran’sgoods to enter other ASEAN countries. Meanwhile, Iran, located in a 400million-strong region, is also a gateway for Vietnamese products to access theMiddle Eastern, Central Asian and European markets.
Tran Van Tri, Chairman of the board of directorsof the An Viet Investment and International Cooperation JSC, highlighted thepotential partnership in cruise ship building and fishing.
He elaborated that as Iran owns rich fisheriesresources in the Caspian Sea and Persian Gulf, its fisheries sector isattractive enough for Vietnamese firms to seek investment and cooperationopportunities.-VNA
President Tran Dai Quang and his Iranian counterpart Hassan Rouhani reached high consensus on measures to tighten political ties and expand collaboration in economy, culture and science-technology.
National Assembly Chairwoman Nguyen Thi Kim Ngan hosted Ambassador of the Republic of Korea Lee Hyuk and Ambassador of Iran Saleh Adibi in Hanoi on December 23.
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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.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
Gholamhossein Shafei, President of the Iran Chamber of Commerce, Industries, Mines and Agriculture, speaks at the business forum (Photo: VNA) 
