In his speech, National Assembly (NA) Chairman Man said the event is not only an important occasion for businesses of the two countries to meet and explore opportunities for cooperation in investment and trade, but also a vivid symbol of nearly 50 years of traditional friendship, built by generations of leaders and people of both countries on trust, sharing and sincere sentiments.

Introducing Vietnam’s development to businesses, he pointed to three strengths: over the years, Vietnam has gradually affirmed its position as a stable, friendly and safe country; an attractive investment destination; and a dynamic manufacturing hub with a high level of economic integration.

Vietnam’s economic size in 2025 is estimated at about US$514 billion, ranking 32nd in the world and fourth in ASEAN.  The country is among the world’s top 15 developing economies in attracting foreign direct investment (FDI), with total accumulated FDI reaching around US$530 billion, including more than US$38.4 billion in registered capital in 2025, when the country continued to be a stable and sustainable destination for international investment flows.

The investment environment has become increasingly attractive and competitive. In terms of the legal framework, in 2025 alone, the National Assembly passed a number of important laws, contributing to a marked improvement in the investment and business environment, focusing on simplifying administrative procedures, enhancing transparency, protecting investors’ rights and promoting innovation, creating a more favourable and competitive business climate.

Vietnam’s position and credibility on the international stage have continued to improve. With an independent, self-reliant and multilateral foreign policy, the nation has built an image as a reliable and responsible partner in the international community, helping expand export markets and creating favourable conditions to attract investment, technology and knowledge from around the world.

The NA leader affirmed that these results are primarily due to Vietnam’s ability to maintain a stable political and social environment, which builds confidence among businesses and investors.

“In the new stage of development, we aim to make Vietnam one of the highly competitive centres for manufacturing, services and innovation in Asia; a strategic partner, an important and reliable link in regional and global supply chains. Vietnam will participate at a higher position in the value chain, and will produce, innovate, design and master technologies,” he said.

He also noted that Vietnam and Turkey share a good traditional friendship built on mutual respect, mutual benefit and a shared orientation towards sustainable development. However, the scale and results of current cooperation have yet to match the potential and strengths of both sides, with bilateral trade reaching only about US$2 billion.

Parliaments urged to play role in improving legal framework

The Vietnamese top legislator outlined several directions for the time ahead, including continuing to consolidating political trust through increased exchanges of high-level delegations, including parliamentary cooperation, and maintaining regular dialogue and policy consultation mechanisms to create a solid foundation for comprehensive cooperation.

Both sides should further promote cooperation in trade, investment and tourism, seeing these as key pillars of bilateral relations. They should work to raise bilateral trade in a balanced and sustainable manner, while offering more favourable conditions for businesses to access markets, expand investment and participate more deeply in global value chains.

Vietnam and Turkey can expand cooperation in areas where they have complementary strengths, such as processing and manufacturing industries, textiles and garments, leather and footwear, high-tech agriculture, tourism, energy, transport infrastructure and logistics, as well as strategic new areas including digital transformation, innovation, the green economy, the circular economy and renewable energy.

In particular, Man emphasized that the development of transport corridors and stronger supply chain connectivity between the two regions is an important driver for enhancing competitiveness and ensuring long-term sustainable development.

He also highlighted the role of parliaments in improving the legal framework, supervising the implementation of cooperation commitments and creating a stable, transparent and favourable business environment. Vietnam’s National Assembly will continue to work alongside the Government to fine-tune institutions and support cooperation between the two countries.

He expressed confidence that, with strong political determination, close coordination among legislative and executive bodies and the dynamism of the business communities, Vietnam-Turkey relations will enter a new phase of deeper, more substantive and effective development, giving impetus to each country’s development and contributing to peace, stability and development in both regions and globally.

At the dialogue, a representative of the Foreign Economic Relations Board of Turkey (DEİK) said that amid growing global uncertainties, maintaining international cooperation is increasingly important. In this context, Turkey and Vietnam are both dynamic and fast-growing economies, and their bilateral relations are developing strongly, extending beyond economic ties to political and strategic dimensions.

The representative said Turkey sees many opportunities for cooperation with Vietnam in areas such as energy, defence, infrastructure development, tourism, technology and particularly the halal industry, helping take bilateral ties to a new level and expand cooperation across all fields.

Vietnam has become one of the leading destinations for Turkish investors, with more than 40 Turkish enterprises currently operating in the country.

This shows growing interest from Turkish investors as well as strong potential to expand two-way investment. The presence of investors and business representatives at the dialogue is expected to create further opportunities for deeper cooperation between the two countries.

NA Chairman to attend IPU-152 in Turkey, pay official visit to Italy

VOV.VN - National Assembly Chairman Tran Thanh Man, his spouse and a high-level Vietnamese delegation will attend the 152nd Assembly of the Inter-Parliamentary Union (IPU-152) in Istanbul, Turkey, engage in a number of bilateral activities in Turkey, and pay an official visit to Italy from April 11 to 17.

Turkey, Vietnam bolster comprehensive cooperation and parliamentary ties

VOV.VN - A high-level delegation of the Vietnam National Assembly led by NA Vice Chairman Nguyen Duc Hai made an official visit to Turkey from September 25 to 29.