There is still untapped potential for Vietnamese and Iranian enterprisesto further accelerate co-ordination, the Iranian Ambassador to Vietnam, Hossein Alvandi Behineh told the Vietnam-Iran Business Forum on June18 in Hanoi.
Besides trade, the ambassador alsooutlined investment, energy, agriculture, seafood, construction,pharmaceuticals, food, garments and tourism as promising sectors forbilateral cooperation between the firms in the coming time.
Insufficient information about each other's economy and trade and alack of understanding remain major challenges for the two countries'businesses to enhance co-ordination, said S Seyed Babaei, managingdirector of Iranian ENN Complex, which provides consultancy and trainingservices for managers.
Currently, many Vietnamesegoods are imported to the Iranian market through intermediary companies.Thus, direct sharing of business opportunities is necessary, thedirector cum the head of the Iranian business delegation said.
Another delegation of large Iranian companies will come to Vietnamlate this year to seek opportunities in the country, he said, callingfor a similar move from the Vietnamese business community.
Le Thai Hoa, deputy head of the Ministry of Industry and Trade'sSouthwest Asian and African Market Department agreed that acceleratingthe exchange of business delegations and organising business forums arenecessary for closer cooperation.
Conducting market surveys in each country and carrying out trade promotion activities should also be included, he said.
He encouraged firms to make use of existing channels for informationon the business environments and opportunities, such as chambers ofcommerce and industry, embassies, and other trade promotion institutionsof both sides, as well as take initiatives to participate in tradefairs and exhibitions in each country.
The bilateraleconomic relations between the two nations have developed significantlyover the past years. Two-way trade hit 186 million USD last year and 52million USD in the first five months of this year.
Among Vietnam 's key exports to Iran are tea, seafood, steel, machinery and rubber.-VNA
Besides trade, the ambassador alsooutlined investment, energy, agriculture, seafood, construction,pharmaceuticals, food, garments and tourism as promising sectors forbilateral cooperation between the firms in the coming time.
Insufficient information about each other's economy and trade and alack of understanding remain major challenges for the two countries'businesses to enhance co-ordination, said S Seyed Babaei, managingdirector of Iranian ENN Complex, which provides consultancy and trainingservices for managers.
Currently, many Vietnamesegoods are imported to the Iranian market through intermediary companies.Thus, direct sharing of business opportunities is necessary, thedirector cum the head of the Iranian business delegation said.
Another delegation of large Iranian companies will come to Vietnamlate this year to seek opportunities in the country, he said, callingfor a similar move from the Vietnamese business community.
Le Thai Hoa, deputy head of the Ministry of Industry and Trade'sSouthwest Asian and African Market Department agreed that acceleratingthe exchange of business delegations and organising business forums arenecessary for closer cooperation.
Conducting market surveys in each country and carrying out trade promotion activities should also be included, he said.
He encouraged firms to make use of existing channels for informationon the business environments and opportunities, such as chambers ofcommerce and industry, embassies, and other trade promotion institutionsof both sides, as well as take initiatives to participate in tradefairs and exhibitions in each country.
The bilateraleconomic relations between the two nations have developed significantlyover the past years. Two-way trade hit 186 million USD last year and 52million USD in the first five months of this year.
Among Vietnam 's key exports to Iran are tea, seafood, steel, machinery and rubber.-VNA
