National Day of Vietnam celebrated in Tehran

INSUBCONTINENT EXCLUSIVE:
TEHRAN- The 77th Anniversary of National Day of Vietnam was celebrated at the Embassy of Vietnam in Tehran on Monday evening.The event was
attended by ambassadors of some other countries in Iran as well as Reza Zabib, the assistant to Iranian Foreign Minister Hossein
Amir-Abdollahian and director general of Asia-Pacific Department at the Foreign Ministry.Delivering a speech at the beginning of the
by leaders of the countries throughout the course of history
Vietnam will never forget the precious affection and support that Iran had given to Vietnam
Over the years, the two countries have shown support for each other at international forums and organizations.Economically, the two
Excellency Mr
Reza Zabib, Assistant Foreign Minister, is a milestone in our bilateral relations, actively contributing to the promotion of Vietnam-Iran
relations.In 2023, two countries are expected to have a lot of meaningful activities to celebrate the 50th anniversary of diplomatic
establishment (1973-2023).I strongly believe that Vietnam-Iran relations will have new developments, in accordance to the potentials of the
two sides, serving the interests of the people in the future.In the joy of the 77th National Day of the S
R
importance to its relationship with Vietnam and is ready to strengthen bilateral relations with this friendly country in all
areas.Fortunately, even during the difficult and challenging days of Covid-19 pandemic there were close connections and consultation between
our relations, bilateral relation between Iran and Vietnam will be further expanded through our joint efforts and determination based on
friendly relations with the Islamic Republic of Iran
In the recent years, high-ranking leaders of the two countries have made many visits such as the visit of President Truong Tan Sang to Iran
and President Hassan Rouhani to Vietnam in 2016, the visit of Vice Chairman of Vietnam National Assembly Do Ba Ty to Iran in 2017 and the
visit of Speaker of the Islamic Consultative Assembly Ali Larijani to Vietnam in 2018
Two countries have been supporting each other on the reciprocal basis at the international fora and organizations.Regarding economic, trade
relations, the two countries have vast potential since both are big markets (Vietnam has a population of over 97 million while Iran has
approximately 85 million people)
The economies of both countries are supportive of each other: Iran has the advantage of oil, petrochemical products while Vietnam is a major
How much is the worth of trade between Iran and Vietnam and what are the main commodities the two countries are traded?In recent years, the
average bilateral import-export turnover has reached 100 million USD which is unequal with the potentials of the two countries.According to
million and tea 7 million USD
Meanwhile, Vietnam mainly imports products like plastics, petroleum products, metals and new medicines from Iran.3
What are the major barriers in the way of trade between the two countries?The biggest barrier for trade relations between Vietnam and Iran
is harsh sanctions on Iran
From 2018 onwards, the trade and investment activities between two countries encountered many difficulties, especially in the payment
through banking transfer.Another major barrier is that businesses of the two countries do not have enough information of the potentials,
laws, regulations, procedures of doing business in each country.4
What strategies the two countries can take to improve the bilateral trade? Is barter trade a good solution in the sanction condition?To
improve the bilateral trade, apart from traditional products, Vietnam will focus on exporting other products such as manufacturing
Vietnam also will promote the export of tropical fruit products including coconut, pineapple, mango, dragon fruit, passion fruit, pomelo,
Commission on Economic and Commercial, expected to be organized in Hanoi this year
This meeting will identify the difficulties, obstacles and set forth main contents, solutions, mechanisms to promote the bilateral relations
in the years to come.To further boost trade volume between the two countries, both sides also should reach agreement for the conclusion of
the Preferential Trade Agreement (PTA) and to sign a MOU in the field of plant quarantine and inspection.Barter trade is a good option in
the context of sanctions that have not been lifted
The two sides need to discuss and identify specific companies and products participating in this mechanism.5
the President of I
R Iran, H
E
Mr
Ebrahim Raeisi who conveyed his congratulation message to President of the S
R Vietnam, H
E
Mr
Nguyen Xuan Phuc.Next year (2023) will be an important milestone in the Vietnam-Iran relationship when the two countries will celebrate the
It is expected that both sides will have a lot of meaningful activities on this occasion to deepen our friendly relationsI strongly believe
that Vietnam-Iran relations will have new developments, in accordance to the potentials of the two sides, serving the interests of the
people in the future.