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Armenia seeks to boost trade, investment ties with Vietnam

08 Jul '19
1 min read
Pic: Shutterstock
Pic: Shutterstock

Armenia is looking at investment and trade partnerships with Vietnam in areas like textile-garments, agricultural products, food, alcoholic beverages and dried fruits, Prime Minister Nikol Pashinyan recently said at a working session with major Vietnamese businesses in Hanoi. The prime minister also showed interest in Vietnamese coffee products.

The event was attended by representatives of the Vietnam Chamber of Commerce and Industry (VCCI) and big Vietnamese enterprises.
Pashinyan said the investment climate in his country is improving to facilitate business development and there are hardly any barriers to foreign investment there, according to a news agency.

VCCI chairman Vu Tien Loc said Vietnam has demand for many commodities from Armenia like machinery, equipment and textile-garments. Vietnam can also step up the export of aquatic products, farm produce, electronic devices and apparel to the European nation, he said. (DS)

Fibre2Fashion News Desk – India

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