At the invitation of Vice-President of the Islamic Republic of Iran, Mohammad Shariatmadari, from October 13-15, Deputy Prime Minister Nguyen Xuan Phuc had an official visit to Iran. During the visit, Deputy Prime Minister Nguyen Xuan Phuc had talks with Iranian First Vice President, Eshaq Jahangiri and official talks with the Vice President in charge of legal matters Mohammad Shariatmadari. In addition, Deputy Prime Minister Nguyen Xuan Phuc also had meetings and working with Mr. Ali Akbar Velayati, External Advisor of the Iranian Supreme Leader, Foreign Minister Mohammad Javad Zarif, and Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh. In these talks, Iranian leader pledged to support Vietnam infrastructure and health.
About politics and diplomacy terms, both sides agreed to intensify high-level exchanges of visits, maintain regular contacts between the ministries of the two countries, and boost parliamentary relations and people exchange. The Iranian leaders expressed wishes to have the opportunity to visit Vietnam as well as to welcome high-ranking Vietnam delegation to visit. The two sides pledged to continue cooperating and supporting each other at international and multilateral forums. The Iranian leaders said that they would consider actively supporting by voting for Vietnam in the Security Council of the United Nations for the period 2020-2021, suggest Vietnam supporting Iran to join the Treaty of Amity and Cooperation with ASEAN. In terms of bilateral cooperations, the two sides stressed the need to conduct early the 9th meetings Vietnam Iran Joint Commission to review cooperation efficiency in recent years and set out plans to remove difficulties in the future.
The two sides agreed priority areas of cooperation, including trade, investment, science and technology, agriculture, marine transport, health, energy, tourism..., strive to increase bilateral trade volume to match the potential and strengths of both parties. Iran announced that the country would continue to provide scholarships for Vietnamese students studying and researching on literature, Islamic and other fields at universities of Iran. The Iranian leaders also confirmed that besides traditional areas of cooperation, Iran is ready to send scientific and technical experts to Vietnam for medical assistance, exchange of experience on fields of infrastructure construction, transportation, health care, and health. In the framework of the visit, the two sides signed the cooperation documents: Agreement for avoidance of double taxation, Agreement on administrative cooperation and assistance in customs, Memorandum of Understanding on cooperation in technology, research and education, Minutes of the first working session of the working group on Vietnam – Iran trade.
In the framework of the visit, on October 15, Deputy Prime Minister Nguyen Xuan Phuc spoke at the opening ceremony of Vietnam Iran Business Forum held inTehran capital, with the participation of 300 Iran and Vietnam enterprises. Deputy Prime Minister Nguyen Xuan Phuc emphasized that Iran is the largest market in the Middle East while Vietnam is gateway to ASEAN. The two economies have much different strength, which can complement each other for mutual development cooperation. However, Vietnam Iran relation in economic and trade fields in recent years is fairly modest. Yet, each other's strength is not leveraged. In 2010, bilateral trade volume reached US$ 144.6 million. By 2013, it dropped to US$ 104 million, of which US$ 58 million Vietnam export and US$ 46 million of import.
Vietnam goods are already on the Iranian market. They are mainly agricultural products and consumer goods such as tea, seafood, rice, cashew nuts, coffee, vegetables, tobacco, electronic products, stone products, high rubber, machinery, razors, and plastic product... Deputy Prime Minister Nguyen Xuan Phuc expressed his hope that the visit will further promote economic cooperation between the two countries trade, find out the mechanism and new measures to facilitate enterprises of Vietnam and Iran, and strengthen trade relations with each other more strongly. At the forum, the two sides exchanged information, discussed measures and appropriate mechanisms to boost economic cooperation. At the same time, the Chamber of Industry and Commerce of the two countries also signed a memorandum of cooperation.