Vietnam envoy stresses on more export from Bangladesh

Ambassador of Vietnam to Bangladesh Pham Viet Chien on Wednesday underscored the necessity of more export from Bangladesh to Vietnam aiming to reduce trade gap between the two countries.

The Ambassador came up with the remarks while attending a bilateral business meeting between DCCI, said a press release.

A seven-member delegation led by Pham Viet Chien visited DCCI and participated in the business meeting on Wednesday at DCCI auditorium. 

Bangladesh should export more to Vietnam to reduce the trade gap, Pham Viet Chien said, adding that, “Several Vietnamese companies are still in operation in Bangladesh and they are doing well.”

He said bilateral trade between Vietnam and Bangladesh will boost manifold, but for that Bangladesh needs to develop in the logistic sectors like improved port facility, having easy loading and unloading processes.

He also requested the business community of Bangladesh to send trade delegations to Vietnam for more interactions.

Meanwhile, DCCI President Rizwan Rahman welcoming the Vietnamese delegation, said Vietnam is the 18th largest import partner and 44th largest export market of Bangladesh.

In FY2020-21, bilateral trade between Bangladesh and Vietnam reached US$ 739.89 million, where export and import was US$ 61.29 and 678.6 million, respectively, he said. “Bangladesh needs technical expertise from Vietnam to improve its industrial capacity and productivity.”, he said.

He also underscored the importance of direct flight between Dhaka and Hanoi and sought Vietnam’s support to help Bangladesh to become a member of the Regional Comprehensive Economic Partnership (RCEP).

Besides, Vietnamese delegation said that Vietnam can export a good quantity of construction stones, clinker, food and spices. Moreover, they have shown interest to import jute, jute goods and pharmaceutical products from Bangladesh.  

During the meeting NKA Mobin, FCS, FCA, Senior Vice President, Monowar Hossain, Vice President along with the board of directors of DCCI were also present there, among others.