the Vietnam-Turkmenistan Business Forum takes place in Hanoi on June 29. (Photo: VNA)This statement was made by Deputy Minister of Foreign Affairs of TurkmenistanVepa Hajiyev at the Vietnam-Turkmenistan Business Forum in Hanoi on June 29.
The event is part of a range of activities taking place to mark the visit by adelegation of more than 40 Turkmenistan enterprises led by the Deputy MinisterHajiyev from June 29 to July 1.
Upon addressing the event, Deputy Minister Hajiyev highlighted the country'sgreat efforts made to promote diplomatic ties and economic cooperation betweenthe two countries over the past 30 years.
He emphasised the need to boost trade exchanges and investment attraction betweenboth sides, especially in advantageous areas.
At present, Turkmenistan possesses many strengths in fields such as naturalgas, cotton, fabrics, and carpets of all kinds, while the country is capable ofproducing industrial products, as well as consumer items such as tea, coffee,and seafood which can meet Turkmenistan’s import demand.
Bui Trung Nghia, vice president of the Vietnam Chamber of Commerce and Industry(VCCI), outlined that the country recorded the highest average annual GDPgrowth rate in the world at approximately 7% in the 1991 - 2021 period.
Despite the negative impacts of the COVID-19 pandemic, the country was amongthe few nations with a GDP growth rate exceeding 2.58% last year, and postedgrowth of 5.03% in the first quarter and 6% in the second quarter of the year.
Along with advantages such as political stability, an abundant and qualifiedworkforce, transport infrastructure, and rapid digital transformation, Vietnam hasalso emerged as a leading attractive destination for FDI attraction.
So far, investors from 139 countries and territories globally have so far investedover 420 billion USD in Vietnam. Last year, some leading corporations in theworld such as LG, Samsung, Intel, and LEGO invested big in the nation, despitechallenges relating to COVID-19./.
VNA
