Vietnam, Turkey forum aims to boost trade, investment
VOV.VN – A Vietnam-Turkey business forum began on March 2 in Ho Chi Minh City with presentations and panel discussions focused on furthering economic, political and cultural exchanges between the two countries.
The forum is part of a continuing series of dialogues between the Vietnam Chamber of Commerce and Industry (VCCI) HCM City chapter and the Turkish Exporters Assembly (TIM).
Speaking at the forum, Nguyen The Hung, deputy director of VCCI, talked at length about the status of trade with Turkey, noting that Vietnam’s total combined imports and exports to and from Turkey were US$1.5 billion in 2015.
He pointed out this was a significant improvement from the US$1 billion total commercial trade recorded in 2012, but it was still too modest in relation to the full potential.
The Deputy Director said he would like to see it increase to US$3 billion in 2016.
Representatives from more than 20 leading Turkish companies were in attendance at the meeting, who expressed interest in bolstering economic cooperation in the fields of agriculture, logistics, electronics, pharmaceuticals and food.
There were also academics and economists from both countries participating and they shared their views on forming strategic alliances and expansion of bilateral cooperation, as well as the rich cultural heritages of the respective countries.
At the conclusion of the conference Deputy Director Hung said he was confident the forum will lead to increased investment and trade opportunities between the two nations.
“International forums like this are needed for HCM City’s and the country’s economic development, they are an excellent medium for business partners to hold serious discussions on innovative ideas to boost trade and investment,” Hung said.
Speakers from the Turkish delegation also gave presentations on topics including Turkey’s national export strategy and special economic zone development plans, as well as opportunities for Vietnamese investors.