An Iranian delegation of entrepreneurs is expected to join the Vietnam Expo 2015, to be held from April 15-18 in Hanoi, to seek investment opportunities in Vietnam.

The tour, organised the Iranian Chamber for Commerce, Industry, Agriculture and Mining (ICCIAM), will be joined by 13 representatives from petrochemical, trade and light industry firms.

During a reception for the delegation on April 12, Vietnamese Ambassador to Iran Nguyen Hong Thach lauded the effort of Iranian businesses to invest in Vietnam, contributing to fostering the cooperative ties between the two nations.

He briefed them on the business climate in the country, highlighting the international free trade agreements which Vietnam expects to join.

Vietnam is currently negotiating the terms of the Trans-Pacific Partnership (TPP) with 11 countries, which presents huge potential for Iranian investors to explore markets in Vietnam and other nations, Thach underlined.

The business representatives expressed their hope that a direct air route between Iran and Vietnam will soon be launched to further facilitate the political and economic relations between the two countries.

The 25th annual Vietnam Expo 2015, t hemed “Partnership towards the ASEAN economic community”, is set to have 720 booths of more than 600 exhibitors from over 28 countries and territories worldwide, including the UK, India, Australia, Germany and Japan.

A wide range of products will be showcased, from machinery, electronic equipment and spare parts, to food and beverages and health care products.-VNA