DCCI and Vietnam Embassy team up to boost trade and investment

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The Dhaka Chamber of Commerce and Industry (DCCI) and the Vietnamese Embassy in Bangladesh have signed a memorandum of cooperation to promote trade and investment between the two countries.

DCCI Chairman Rizwan Rahman and Vietnamese Ambassador Pham Viet Chien signed the agreement at the chamber office in Dhaka yesterday, according to a press release.

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According to the cooperation agreement, the DCCI and the Embassy will organize business-to-business meetings, buyer-seller meetings, trade fairs, business promotion activities, promotion of goods and services and field visits to study the Bangladeshi market.

The Embassy will coordinate with the DCCI to set up the “Viet Nam Desk” in the chamber to facilitate cooperation between businesses in Vietnam and Bangladesh.

Rahman said bilateral trade hovered around $ 650 million, which could be improved through cooperation, exchange of trade delegations and joint research for new business development.

“At present, Bangladesh’s current competitive trade and investment environment has created a huge dividend for foreign investors.

Rahman called on Vietnamese investors in the agro-food, shipbuilding, electronics, leather, jute, light engineering and crafts sectors to invest or form joint ventures in Bangladesh.

He also urged the embassy to help Bangladesh investors with technical know-how and expertise.

Vietnamese Ambassador Pham Viet Chien called for the effective implementation of the cooperation agreement.

He called the bilateral relationship friendly and urged businessmen from both countries to turn it into strong economic ties.

“There are various potential areas where the two nations can join hands,” the envoy said.

DCCI Senior Vice President NKA Mobin and Vice President Monowar Hossain were also present.


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