Việt Nam and Iran to promote trade, investment activities

HÀ NỘI — During a forum on promoting economic, trade and investment cooperation between Việt Nam and Iran held in Iran on August 9, National Assembly Chairman Vương Đình Huệ proposed that Việt Nam and Iran need to have solutions to develop economic cooperation, trade and investment. Huệ also suggested that Việt Nam and Iran need to step up the activities of working groups on trade exchange and payment. He said Việt Nam is improving the legal system and removing obstacles for foreign investors operating in Việt Nam. Meanwhile, the trade value between Việt Nam and Iran rose from $6.5 million in 2001 to $124.5 million in 2021. At the meeting, Selahvarzi emphasised that Iran can supply to Việt Nam products of construction materials, pharmaceuticals and asphalt.