Vietnam, Turkey end trade talks on positive note
In the July 13 statement, Turkish Labour Minister Mehmet Muezzinoglu noted that his country’s trade with Vietnam totalled nearly US$1.96 billion in 2016 with exports of US$234 million and imports of US$1.73 billion.
That figure he said in the statement is now expected to double by 2020 to nearly US$4 billion.
Muezzinoglu said that after two days of negotiations in the Vietnam capital city of Hanoi, major decisions were taken concerning bilateral trade on several fronts including talks on a free trade agreement.
He noted he is confident that a proposed free trade agreement to be signed between the two economies will make a significant contribution to their bilateral commercial relations.
The Minister emphasized that Turkey was in a strategic position between Europe, the Middle East and Eurasia while Vietnam has emerged as a very important logistics centre in Southeast Asia.
In addition, he said that many important decisions were concluded with respect to negotiations on matters related to customs, agriculture, visas, defence, forestry and water.
Related News
Vietnam is ready to welcome a new wave of investment in the semiconductor industry
16:08 | 15/05/2024 Headlines
Opportunities for Vietnam to participate in the global semiconductor industry value chain
11:34 | 15/05/2024 Import-Export
Maintain fiscal policy to "open the way" for the economy in 2024
13:31 | 13/05/2024 Headlines
Ho Chi Minh City: Enterprises overcome difficulties, exports lead the country
14:58 | 10/05/2024 Import-Export
Latest News
The processing and manufacturing industry increased by 6.3% in 4 months
08:48 | 19/05/2024 Import-Export
Corporate profits enter recovery cycle
08:46 | 19/05/2024 Import-Export
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field
20:14 | 18/05/2024 Import-Export
Exploiting the potential of Dong Nai's largest seaport
20:12 | 18/05/2024 Import-Export
More News
Hanoi calls for investments in six urban areas projects
20:11 | 18/05/2024 Import-Export
The food industry aims to green packaging
09:56 | 18/05/2024 Import-Export
"The key" to growth motivation for enterprises
09:55 | 18/05/2024 Import-Export
Exports of four localities achieve tens of billions of USD
20:26 | 17/05/2024 Import-Export
Rapid greening of the logistics sector to avoid being "eliminated"
20:24 | 17/05/2024 Import-Export
25 out of 28 northern localities report positive industrial production
20:22 | 17/05/2024 Import-Export
Dong Nai remains magnet for foreign investors
20:18 | 17/05/2024 Import-Export
Vietnamese steel affirms position in world market
20:16 | 17/05/2024 Import-Export
Five commodities worth billion dollar exported to China
07:40 | 17/05/2024 Import-Export
Your care
The processing and manufacturing industry increased by 6.3% in 4 months
08:48 | 19/05/2024 Import-Export
Corporate profits enter recovery cycle
08:46 | 19/05/2024 Import-Export
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field
20:14 | 18/05/2024 Import-Export
Exploiting the potential of Dong Nai's largest seaport
20:12 | 18/05/2024 Import-Export
Hanoi calls for investments in six urban areas projects
20:11 | 18/05/2024 Import-Export