Iranian firms eye technology cooperation with Vietnam

The workshop will be hosted by the International Affairs and Technological Exchange Centre from June 26 to July 21.

Mehr quoted the centre as saying that it highly values Vietnam's economic growth in 2020 and believes that the Southeast Asian country can be a good destination and market for Iranian technology firms.

According to the article, Vietnam has set a record for annual economic growth in the recent decade. The latest statistics show that the country’s export turnover of goods and services to the US reached US$60 billion.

Vietnam is the next destination for Iranian knowledge-based companies specialising in medical equipment, energy, IT, and artificial intelligence (AI) to find a way of investing in the country – which is thirsty for new technologies and products.

Among dynamic Asian economies, Vietnam enjoys a growing economy with high potential, Mehr said, noting that companies and investors from all over the world are increasingly seeking to enter the country.

Long-time growth, high population, political stability, and young workforce are the most important factors to convince Iranian companies to interact with Vietnam, it added.

Interaction with Vietnam would connect Iran to ASEAN free trade region, expanding the playground for Iranian companies to be active in the vast region of Southeast Asia, the article said.