The Iran Daily cited Mousavi as saying that since the start of the trade war between China and the US, European states have concentrated on Vietnam and have established their technological and production bases in the Southeast Asian country.

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Many of the world’s major cellphone and auto companies have set up production lines in Vietnam, Mousavi said.

Vietnam has a much higher economic capacity than many other countries, making it a suitable option for Iran to expand economic cooperation, he added.

According to the businessman, Vietnam has pursued an open economic policy over the years and has made very good technological and economic advances.

Statistical analyses show that Vietnam has enjoyed the fastest economic growth in the world over the past decade, the daily stressed.

According to the newspaper, annual trade between Iran and Vietnam reached 350 million USD in the previous Iranian calendar (which ended in March 2019), witnessing 100 percent growth year-on-year.

International media highlights Vietnam’s economic success in 2019

International media outlets have highlighted Vietnam’s thriving economy which is among the fastest-growing in Southeast Asia in 2019 amid the global economic slowdown.

PM asks diplomats to promote economic cooperation

Prime Minister Nguyen Xuan Phuc hosted a reception in Hanoi on February 4 for 16 ambassadors and heads of Vietnamese representative offices who are going to take up missions abroad.

Bac Giang Culture – Tourism Week 2020 widespreads precious culture values and contributes to socio economic growth

(BGO) – Promoting the result of the first Bac Giang Culture – Tourism Week (BGCTW) 2019, the 2020 BGCTW themed “Bac Giang – the sacred land Tay Yen Tu” will be organized under bigger scale, longer period of time to level up the event and create stronger widespread. 

ASEAN senior economic officials meet in Hanoi

The first meeting of the ASEAN senior economic officials for the fifty first ASEAN Economic Ministers’ Meeting (SEOM 1/51) was held in Hanoi from January 12 to 14.

Events held to bolster Vietnam-Japan economic, labour, tourism ties

A ceremony was held in the central city of Da Nang on January 13 to kick off a series of workshops and forums on economic, labour and tourism cooperation between Vietnam and Japan.

Source: VNA