JavaScript is off. Please enable to view full site.

Vietnam, Turkey seek to boost trade, investment ties

Vietnam, Turkey seek to boost trade, investment ties

Monday, November 19, 2012, 21:35 GMT+7

Vietnamese and Turkish businesses gathered at a meeting held by the Vietnam Chamber of Commerce and Industry (VCCI) in Hanoi on November 19 aimed at helping popularise Vietnam’s law and regulations on economics.

Since its admission into the World Trade Organisation, Vietnam has become more attractive to foreign investors, with a clear and competitive business environment. International partners can also take advantage of the country’s favourable geographical location to expand economic ties with other Southeast Asian countries, said VCCI Secretary General Pham Thi Thu Hang.

At the event, representatives from two sides’ businesses exchanged information on cooperative potential as well as demand to expand their markets. Turkey ’s steel and mineral manufacturers said that they hope to access projects and find more information on import-export activities with Vietnamese partners.

Businesses also discussed cooperative potential in the fields of farm products, garments and textiles, and manufacturing lines of consumer products.

Two-way trade turnover between Vietnam and Turkey reached US$850 million in 2011, a year-on-year increase of 35 percent. In the first nine months of this year, the figure hit about $700 million.

Recently, the two sides established the Vietnam-Turkey Business Council to tighten economic relations and foster cooperative activities, especially in bilateral investment and trade in the time to come.

VNA

More

Read more

Is Apple 'pampering' Vietnamese market?

The genuine products sold in Vietnam have good prices when compared to other markets in the region, maybe even more affordable than in the U.S.

5 days ago
;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Vietnamese youngster travels back in time with clay miniatures

Each work is a scene caught by Dung and kept in his memories through his journeys across Vietnam

Latest news