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Bangladeshi President starts Viet Nam visit

Update: August, 10/2015 - 08:52
Bangladeshi President Md. Abdul Hamid.

HA NOI (VNS) — Bangladeshi President Md. Abdul Hamid is on a State visit to Viet Nam from August 9-13 at the invitation of President Truong Tan Sang.

The visit aims to reinforce traditional friendship and comprehensive co-operation between the two countries, share economic development experience, especially in agriculture and personnel training as well as discuss regional and global issues of shared concern.

Viet Nam and Bangladesh officially established diplomatic ties on February 17, 1973. Since the 1990s, they have facilitated visits at all levels.

Two-way trade between the two nations hit US$800 million in 2014, about $650 million of which comprised exports from Viet Nam. The figure neared $310 million in the first half of this year.

Viet Nam mainly exported clinker, cement, iron and steel, fibre, textile, plastics, rattan, rubber, computers, electronics and wooden furniture to Bangladesh while importing pharmaceuticals, garment raw materials, machinery, electronic spare parts and urea fertiliser.

As of June 2015, Bangladesh had three valid projects worth more than US$5.4 million in Viet Nam, ranking 88th out of 103 countries and territories investing in the country.

Bangladesh has pledged to give top priority to Vietnamese investment in electricity, information technology, shoe manufacturing, infrastructure and cultivation.

The two nations have signed a number of co-operation agreements across economics, science-technology and aviation and facilitated visits by delegations from national defence, culture-sports-tourism, and labour and social affairs sectors. Bangladesh also shared its experience in United Nations peacekeeping operations with Viet Nam. — VNS

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