Politics

Ho Chi Minh City keen on increased trade with Iran

Ho Chi Minh City wants to boost trade and investment connectivity with Iran, Chairman of the municipal People’s Committee Nguyen Thanh Phong said.
Ho Chi Minh City keen on increased trade with Iran ảnh 1At the event (Source: VNA)
HCM City (VNA) – Ho ChiMinh City wants to boost trade and investment connectivity with Iran, Chairmanof the municipal People’s Committee Nguyen Thanh Phong told Chairman of the Chamberof Commerce, Industries, Mines and Agriculture of Iran Gholam Hossein Shafeiduring a reception in Hanoi on April 21.

Phong lauded the growing Vietnam –Iran ties via visits by the two countries’ State leaders and trade facilitationtowards achieving a two-way trade of 2 billion USD in the coming years.

The city commits all possible supportfor foreign businesses, including those from Iran to seek effective andlong-term business opportunities here, especially in fields of the city’sinterest and Iran’s strengths such as industry, construction materials, andhigh-tech agriculture, he said.

Shafei, for his part, hailed Vietnamas an important destination for Iranian enterprises and the 2-billion-USD two-waytrade goal as feasible.

He said intensifying economic-tradeties will bring practical economic benefits for each country when Vietnamserves as a gateway for Iran to access ASEAN market and Iran bridges Vietnamand the Middle East countries.

Expressing impression on Ho Chi MinhCity’s vibrant development, he stressed that Iranian firms always consider thecity as a major economic hub of Vietnam.

The Iranian government will encouragedomestic firms to increase investment in Ho Chi Minh City, contributing tolifting Vietnam-Iran economic and trade ties to match theirpolitical-diplomatic relations. - VNA

source
#Chairman of the municipal People’s Committee Nguyen Thanh Phong #trade facilitation #Chairman of the Chamber of Commerce #Industries #Mines and Agriculture of Iran Gholam Hossein Shafei Ho Chi Minh City Iran
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