Trade between Vietnamese and Pakistani enterprises needs development

Trade and industry

Hanoi: There is great potential for further co-operation between Vietnamese and Pakistani enterprises, according to visiting Pakistan Commerce Secretary Zafar Mahmood, Vietnam News Service reported.

Speaking at a business conference in Hanoi, Mahmood emphasised the importance of establishing direct sea and air routes between the two countries while encouraging Vietnamese banks to open new branches in Pakistan and vice verse to better facilitate business payments.

The business conference, held as part of Mahmood’s first visit to Viet Nam, would open up a new page for the two countries’ relationship, said Viet Nam Chamber of Commerce & Industry Vice Chairman Doan Duy Khuong.

Deputy Head of Ministry of Trade & Industry’s Africa, Western & South Asian Market Department, Tran Quang Huy, agreed. He called on businesses to take initiative in participating in trade fairs, exhibitions and business conferences held to help draw up more effective export strategies.

Representative offices will offer additional support in bilateral market penetration, he said, emphasising the importance of closer co-ordination in organising trade promotion programmes. Viet Nam’s exports to Pakistan include agricultural products such as tea, pepper, cashew nuts, steel, iron, seafood and handicrafts.

Leave a Reply