Vietnam, Iran Boast Potential to Boost Bilateral Cooperation

Vietnam always attaches importance to the friendship and multifaceted cooperation with Iran, one of its important partners in the Middle East, Chairman of the National Assembly of Vietnam Vuong Dinh Hue told Speaker of the Iranian Consultative Assembly Mohammad Baqer Qalibaf during their talks in Tehran on Tuesday.
August 10, 2023 | 21:19
Vietnam, Iran Boast Potential to Boost Bilateral Cooperation
National Assembly Chairman Vuong Dinh Hue and Speaker of the Iranian Parliament Mohammad Baqer Qalibaf signed a cooperation agreement between the parliaments of the two countries. Photo: VNS

Vietnam and Iran on Tuesday agreed to further enhance bilateral cooperation in various fields, particularly in trade and investment, to facilitate the entry of each country's key products into the other's market.

National Assembly Chairman Vuong Dinh Hue held talks with Speaker of the Iranian Parliament (Majlis) Mohammad Baqer Qalibaf during his official visit to the Islamic Republic of Iran at the invitation of the Speaker.

NA Chairman Hue expressed his pleasure in visiting Iran, a country with a rich cultural heritage and long history, especially given both nations are celebrating 50 years of diplomatic relations this year.

He affirmed that Vietnam highly valued the friendly relationship and multifaceted cooperation with Iran, a crucial partner in the Middle East region. Hue highlighted the positive developments in the bilateral cooperation between the two countries in recent years, particularly in political, diplomatic, cultural, and people-to-people exchanges, cited VNS.

For his part, Speaker of the Iranian Parliament Mohammad Baqer Qalibaf welcomed Hue's visit, emphasizing that Vietnam is a significant partner for Iran in the Asia-Pacific region. He expressed confidence that the cooperation between Vietnam and Iran, as well as between their parliaments, would witness remarkable growth in the coming period.

The two leaders exchanged views and reached a consensus on specific measures to enhance bilateral cooperation in the future.

These measures included strengthening exchanges at all levels, especially high-level delegations and leadership of economic sectors and localities from both countries, alongside boosting people-to-people exchanges, as well as cultural and artistic activities to deepen mutual understanding and enhancing collaboration between committees and bodies of the parliaments, parliamentary friendship groups, women and young parliamentarians' groups.

They encouraged more meetings and connections between localities and businesses of the two countries to seek business and investment cooperation opportunities, and to create favourable conditions for the strong products of each country to penetrate each other’s markets.

Hue suggested that Iran increase the import of Vietnamese agricultural products such as rice, tea, pepper, coffee, and rubber. He affirmed his commitment to facilitating market access for Iranian products like dried and fresh fruits in Vietnam.

The two sides agreed to cooperate in the production of products meeting Halal standards. They underlined the need to strengthen customs cooperation and resume cooperation mechanisms between the two countries in the banking and trade sectors, hoping to hammer out breakthrough measures for economic and trade cooperation.

Vietnam, Iran Boast Potential to Boost Bilateral Cooperation
The two leaders sign an MoU on cooperation between the National Assembly of Vietnam and the Consultative Assembly of Iran. Photo: VNA

The Iranian legislator told his guest that Iranian businesses are increasingly keen on the Vietnamese market thanks to its political stability and attractive business-investment environment. He expressed Iran’s wishes to further strengthen economic, trade and agricultural cooperation with Vietnam, assuring that the Iranian parliament is ready to create favorable conditions for businesses of both sides to ramp up business and investment cooperation.

Also at the meeting, the two sides discussed measures to promote Vietnam – Iran cooperation in other potential fields such as science-technology, digital transformation, education-training, student exchange, and tourism, VNA reported.

On this occasion, Chairman Vuong Dinh Hue cordially invited Speaker Mohammad Baqer Qalibaf to pay an official visit to Vietnam soon, and the invitation was accepted with pleasure.

Hue also invited the Iranian parliament to send a delegation to the ninth Global Conference of Young Parliamentarians to be held in Hanoi this September.

After the talks, the two leaders signed a Memorandum of Understanding on cooperation between the two legislative bodies.

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