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Bangladesh is the gateway for Vietnam to reach South Asian & Middle East markets

by Kalpana Pandey
September 26, 2023
in News, Asia, EXIM & International Trade, Ports & Terminals
Reading Time: 1 min read
A A
Chittagong Port

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“With its favourable geographical location, Bangladesh is considered a gateway for Vietnamese businesses to enter and expand into other South Asian and Middle East markets. Meanwhile, Vietnam can help Bangladeshi businesses access and expand into the ASEAN market, the 5th largest market in the world with about 650 million people,” said Vietnam National Assembly Chairman Vuong Dinh Hue.

He said the two countries need to strengthen cooperation, facilitate trade for each other, and enhance connections between their businesses to maintain existing supply chains, jointly attract capital and technology to develop new industrial supply chains with high added value.

The two countries should also strengthen cooperation in agriculture and fisheries, especially rice and food, textiles and garment, construction materials, infrastructure investment, development of e-commerce and digital economy, Halal industry and tourism, Mr. Hue added.

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