Bangladesh calls on Vietnamese businesses to come and explore the market

On September 21, at the Bangladesh Parliament House, National Assembly Chairman Vuong Dinh Hue held talks with Bangladesh Parliament Chairman Shirin Sharmin Chaudhury, according to VNA.

At the talks, the two leaders affirmed the importance of the traditional friendship between Vietnam and Bangladesh, assessing that the relationship between the two countries has a solid foundation of mutual trust, close affection and friendship between many generations of leaders and people of the two countries, and has much potential for cooperation that can complement and support each other.

Over the past time, the relationship between the two countries has continued to develop positively despite the COVID-19 pandemic, including the continued maintenance of high-level contacts.

In 2022, bilateral trade turnover will grow well, reaching 1.5 billion USD. Bangladesh will become Vietnam's second largest trading partner in South Asia. The two sides are gradually moving towards the target of bilateral trade turnover reaching 2 billion USD.

The two leaders assessed that there are still many potentials and strengths in the bilateral relationship that have not been fully exploited. In that spirit, the two sides discussed and agreed on a number of major orientations to bring the bilateral cooperation to a new level.

Politically , the two sides agreed to increase delegation exchanges at all levels and through State, Government and National Assembly channels as well as people-to-people exchanges, promote the implementation of bilateral mechanisms, especially the Joint Committee on Economic, Cultural, Scientific and Technical Cooperation.

National Assembly Chairman Vuong Dinh Hue also appreciated Bangladesh's recent establishment of the Bangladesh-Vietnam Friendship Association.

Regarding economic - trade - investment cooperation, National Assembly Chairman Vuong Dinh Hue assessed Bangladesh as a potential market with nearly 170 million people, large consumption power and many similarities with Vietnam.

National Assembly Chairman Vuong Dinh Hue suggested that Bangladesh continue to create conditions for Vietnam to expand its exports to Bangladesh, especially Vietnam's strong products such as agricultural machinery, raw materials, household goods, electronics, and processed agricultural and aquatic products, and suggested that the two sides strengthen cooperation in the field of Halal food.

Speaker of the National Assembly Shirin Sharmin Chaudhury highly appreciated the organization of the Policy and Law Forum to promote economic, trade and investment cooperation between Vietnam and Bangladesh.

In addition, Speaker of the National Assembly Shirin Sharmin Chaudhury called on Vietnamese businesses to explore the market and invest in Bangladesh, especially in the special economic zones recently opened under the initiative of Prime Minister Sheikh Hasina; to create more favorable conditions for Bangladesh's export products, including pharmaceuticals, ceramics, leather and footwear, etc., to contribute to balancing the trade balance.

Speaker of the National Assembly Shirin Sharmin Chaudhury acknowledged the proposals of Speaker of the National Assembly Vuong Dinh Hue on Bangladesh sending students to Vietnamese universities and branches of prestigious universities of other countries in Vietnam.

In addition, National Assembly Speaker Shirin Sharmin Chaudhury encouraged travel businesses of the two countries to sign contracts to deploy tours to Vietnam and Bangladesh, strengthen air connectivity, and encourage airlines to open direct flights or connect via third countries.

Discussing measures to enhance cooperation between the two parliaments, the two leaders were pleased to announce that the two sides have established the Vietnam - Bangladesh Parliamentary Friendship Group and the Bangladesh - Vietnam Parliamentary Friendship Group to further enhance exchanges and experience sharing between parliamentarians of the two countries.

National Assembly Chairman Vuong Dinh Hue and National Assembly Chairwoman Shirin Sharmin Chaudhury witnessed the signing of a Memorandum of Understanding on Cooperation between the two National Assembly Offices by leaders of the two countries. Photo: VNA

At the end of the talks, the two leaders signed a memorandum of understanding on cooperation between the two National Assemblies and witnessed the signing ceremony of a memorandum of understanding on cooperation between the two National Assembly Offices.

During his visit to Bangladesh, on September 21, National Assembly Chairman Vuong Dinh Hue and the Vietnamese National Assembly delegation visited and laid wreaths at the Memorial Museum of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

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