Hanoi (VNA) – MostafaMousavi, head of the Iran-Vietnam Joint Chamber of Commerce, has describedVietnam as a trade hub in East Asia.
The Iran Daily cited Mousavi as saying that since the start of the trade warbetween China and the US, European states have concentrated on Vietnam and haveestablished their technological and production bases in the Southeast Asiancountry.
Many of the world’s major cellphone and auto companies have set up productionlines in Vietnam, Mousavi said.
Vietnam has a much higher economic capacity than many other countries, makingit a suitable option for Iran to expand economic cooperation, he added.
According to the businessman, Vietnam has pursued an open economic policy overthe years and has made very good technological and economic advances.
Statistical analyses show that Vietnam has enjoyed the fastest economic growthin the world over the past decade, the daily stressed.
According to the newspaper, annual trade between Iran andVietnam reached 350 million USD in the previous Iranian calendar (which endedin March 2019), witnessing 100 percent growth year-on-year./.
The Iran Daily cited Mousavi as saying that since the start of the trade warbetween China and the US, European states have concentrated on Vietnam and haveestablished their technological and production bases in the Southeast Asiancountry.
Many of the world’s major cellphone and auto companies have set up productionlines in Vietnam, Mousavi said.
Vietnam has a much higher economic capacity than many other countries, makingit a suitable option for Iran to expand economic cooperation, he added.
According to the businessman, Vietnam has pursued an open economic policy overthe years and has made very good technological and economic advances.
Statistical analyses show that Vietnam has enjoyed the fastest economic growthin the world over the past decade, the daily stressed.
According to the newspaper, annual trade between Iran andVietnam reached 350 million USD in the previous Iranian calendar (which endedin March 2019), witnessing 100 percent growth year-on-year./.
VNA
