Also attending were Vice Chairman of the National Assembly Tran Quang Phuong, Deputy Prime Minister Tran Hong Ha, Vice Chairman of the National Assembly of Armenia Hakob Arshakyan; leaders of ministries, sectors and localities of Vietnam, and representatives of 60 enterprises of the two countries in the fields of energy, minerals, telecommunications, textiles, transportation...
Speaking at the Dialogue, Vice Chairman of the National Assembly of Armenia Hakob Arshakyan welcomed the high-ranking delegation of the Vietnamese National Assembly led by Chairman of the National Assembly Tran Thanh Man on an official visit to Armenia; affirming that the visit is a driving force to bring the relationship between the two countries to a new height.
According to the Vice President of the Armenian National Assembly, the trade turnover between the two countries has been increasing in recent years. However, the potential and room for cooperation are still very large, which need to be promoted and exploited strongly on a larger scale in the coming time, especially in areas such as food, education, science and technology, high technology, etc. The seminar is an opportunity for both sides to exchange and discuss measures to develop economic cooperation more substantially and effectively in the coming time.
National Assembly Chairman Tran Thanh Man stated that the visit of the high-ranking delegation of the Vietnamese National Assembly to Armenia not only aims to strengthen political and parliamentary relations, but also opens up opportunities to promote economic, trade and investment cooperation - areas in which both countries have great potential to exploit together.
The National Assembly Chairman affirmed that in recent times, the National Assembly and the Government of Vietnam have directed the drastic and effective implementation of institutional improvement work, considering this a "breakthrough of breakthroughs" with the research, amendment and completion of many important laws such as the Investment Law, Bidding Law, Land Law, etc. to ensure conformity and timely response to practical requirements, thereby helping to continue improving the investment and business environment in a favorable, open and competitive direction.
Thanks to that, Vietnam has achieved many remarkable achievements in socio-economic development, highly appreciated by the international community and become a safe and attractive investment destination for investors as well as promoting trade and exchange activities with many encouraging results. Vietnam has become one of the 40 largest economies in the world, in the group of 20 leading trading countries. Vietnam's Gross Domestic Product (GDP) growth in 2024 reached over 7%. In terms of investment environment, Vietnam is positively evaluated by the international community and investors. Many foreign investors have chosen Vietnam as a strategic production center, connecting with global supply chains.
Suggesting some specific directions for businesses of the two countries to consider and cooperate in the coming time, the National Assembly Chairman said that Armenia is known as a "Silicon Valley" of the region with a strongly developing information technology industry, while Vietnam is also promoting digital transformation in all fields. The National Assembly Chairman encouraged businesses of the two sides to cooperate in developing software, artificial intelligence (AI) and technology solutions for education, healthcare, and smart urban management.
In terms of agriculture and food processing, Vietnam can supply tropical agricultural products such as coffee, cashew nuts, seafood, etc., while Armenia can share its experience in processing high-quality agricultural products, especially wine and dried fruits. Cooperation in this field will not only increase trade turnover but also meet the diverse needs of the two countries' markets.
The National Assembly Chairman suggested that businesses from both sides jointly research and invest in solar, wind and small hydropower projects, taking advantage of Armenia's advanced technology and Vietnam's abundant resources.
To promote, deepen, comprehensively and more effectively cooperate between the business communities of the two countries with a focus on investment and trade, the National Assembly Chairman requested that both sides actively create conditions for Vietnamese and Armenian businesses to regularly have opportunities to exchange, seek and exploit cooperation and investment opportunities, especially in areas with great potential and demand.
The two countries need to increase the exchange of delegations at all levels, especially at high levels, to consolidate political trust and promote cooperation in potential areas. Vietnam is ready to act as a bridge for Armenia to strengthen its relations with the Association of Southeast Asian Nations (ASEAN) and hopes that Armenia will act as a bridge for Vietnam to strengthen its cooperative relations with countries in the Asia-Europe economic region.
The National Assembly Chairman noted that ministries, branches and associations should promote their role as bridges to promote exchanges and cooperation according to the principle of "mutual benefit and mutual success", on the basis of mutual support, helping businesses cooperate deeply and comprehensively, improve competitiveness, exploit each other's markets and regional markets, and participate deeply in regional and global value chains and production chains.
The National Assembly Chairman suggested that the two governments continue to make efforts to improve the investment and business environment, creating maximum convenience for businesses of the two countries to strengthen cooperation and successfully implement investment and business activities in accordance with legal regulations. At the same time, the business communities of the two countries should proactively connect, learn, and share information to have effective investment cooperation plans and projects, support each other in exploiting each other's markets, as well as expand and exploit markets in the ASEAN region and the Central Asian region with a lot of potential and room.
The National Assembly Chairman emphasized: “The National Assembly and the Government of Vietnam pledge to always accompany and create all favorable conditions in accordance with the law for Armenian enterprises to cooperate, invest and do business successfully, sustainably and long-term in Vietnam.”
In a frank and open atmosphere, at the Dialogue, businesses from both countries shared specific directions to turn potential into real results, bringing benefits to both peoples. Armenian businesses said that although geographically far apart, the two countries have many similarities. Over the past 30 years, Vietnam and Armenia have continuously promoted effective cooperation on both bilateral and multilateral levels. That is a solid foundation for businesses from both countries to carry out economic cooperation activities in areas of strength for both sides. Armenian businesses are ready to cooperate with Vietnam in areas of mutual strength such as textiles, tourism, etc. to promote economic cooperation, bringing mutual benefits to the two countries.
Mr. To Ngoc Giang, Deputy General Director of Vietnam Airlines, assessed that the Armenian market has long-term development potential. In 2024, the number of passengers between Vietnam and Armenia will reach 826, a slight increase compared to 2023, but only 30% compared to the time before the Covid-19 pandemic. Currently, there are no direct flights between the two countries, passengers mainly transfer via Doha and Dubai on Qatar Airways and Emirates flights.
Faced with the potential and opportunities of the Armenian market, Vietnam Airlines is closely monitoring developments and actual needs to research and exploit suitable flight routes in the future.
Through the seminar, Vietnam Airlines hopes to accompany the development of Vietnam - Armenia cooperation, bringing practical values to businesses and people of the two countries.
Commenting on the opportunities and potential for economic cooperation in the fields of trade, science, technology, coal and minerals between Vietnam and Armenia, Mr. Nguyen Anh Tuan - member of the Board of Members of the Vietnam National Coal - Mineral Industries Group - affirmed that the group believes in the practical effectiveness of the process of research and trade that the Governments of the two countries have created for businesses attending this seminar. The seminar helps Vietnamese and Armenian businesses explore opportunities and potential for cooperation to build a business community that develops together, commensurate with the potential for economic cooperation and development of the two countries.
Vietnam National Coal and Mineral Industries Group wishes to seek more partners to cooperate in the fields of coal mining, minerals, and green production technology. Mr. Nguyen Anh Tuan hopes that businesses of the two countries will continue to increase exchanges, share experiences, and expand cooperation networks, especially in the fields of smart technology.
In his concluding remarks at the seminar, Deputy Prime Minister Tran Hong Ha highly appreciated the opinions, sharing, discussions and open proposals on policies and solutions to enhance investment and business cooperation between Vietnam and Armenia. The Deputy Prime Minister hoped that businesses of the two countries would increase exchanges and share experiences, promote the achievements of cooperation that have been achieved in order to effectively utilize and exploit the potential, open up new cooperation opportunities, and maximize the strengths of each country.
The Deputy Prime Minister suggested that businesses of the two countries take advantage of and effectively implement the Free Trade Agreement between Vietnam and the Eurasian Economic Union, of which Armenia is a member, to promote the exchange of goods, increase import and export, enhance market opening and create more favorable conditions for businesses of both sides; strive to increase bilateral trade turnover even higher in the coming years, commensurate with the potential, strengths and good cooperative relations between the two countries.
* On the morning of April 2, local time, National Assembly Chairman Tran Thanh Man and his wife, along with a high-ranking delegation of the Vietnamese National Assembly, visited the National Museum of Armenian History, which preserves the precious historical and cultural values of the heroic Armenian people.
Writing in the guestbook, National Assembly Chairman Tran Thanh Man wrote: “Through each artifact, I deeply feel the rich tradition, indomitable spirit and unique identity of Armenia through thousands of years of history. This visit is not only an opportunity for me to learn more about Armenia but also an occasion to further strengthen the friendship between Vietnam and Armenia - a relationship built on mutual respect, understanding and common values of peace and development.”
The National Assembly Chairman believes that with a solid historical foundation and aspiration to rise, the two nations will continue to write new chapters together in cooperation and solidarity.
Source: https://hanoimoi.vn/chu-tich-quoc-hoi-tran-thanh-man-du-toa-dam-doanh-nghiep-viet-nam-armenia-697641.html
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