Official: Vietnam can reach 400-million people market via Iran

Head of Iran's Chamber of Commerce, Industries, and Mines Gholamhossein Shafe'ei underlined that Tehran can be a short and secure way for Hanoi to have access to a market with a population of 400 million.

"Iran can be a safe gateway for Vietnam to reach the Economic Cooperation Organization (ECO), the Central Asia region, the Caucasus, Afghanistan and Iraq," Shafe'ei said in a meeting with Chairman of People's Committee in Ho Chi Minh City Nguyen Thành Phong.

He also said that Vietnam can be a gateway for Iran to enter the world’s fifth-largest economic bloc that is the Association of Southeast Asian Nations (ASEAN).

In relevant remarks on Thursday, Vietnamese President Trần Đại Quang called on his country's banks to broaden mutual cooperation with Iran in the fields of trade and banking.

EA