(VOVWORLD) - National Assembly Chairman Vuong Dinh Hue called for greater efforts to bring two-way trade between Vietnam and Bangladesh to 2 billion USD in the near future.
NA Chairman Vuong Dinh Hue addresses the Vietnam-Bangladesh forum in Dhaka capital, September 22, 2023. |
Mr. Hue was speaking at the Vietnam-Bangladesh forum on policies and laws to promote economic, trade and investment cooperation in Dhaka capital on Friday.
He said the two countries need to strengthen cooperation, facilitate trade for each other, and enhance connections between their businesses to maintain existing supply chains, jointly attract capital and technology to develop new industrial supply chains with high added value.
The two countries should also strengthen cooperation in agriculture and fisheries, especially rice and food, textiles and garment, construction materials, infrastructure investment, development of e-commerce and digital economy, Halal industry and tourism, Mr. Hue added.
“With its favorable geographical location, Bangladesh is considered a gateway for Vietnamese businesses to enter and expand into other South Asian and Middle East markets. Meanwhile, Vietnam can help Bangladeshi businesses access and expand into the ASEAN market, the 5th largest market in the world with about 650 million people,” said the top legislator.
Chairman Hue asked businesses from both sides to promote cooperation in agriculture, especially clean agriculture and green agriculture adapted to climate change, and aquaculture, including pearl farming and processing.