Vietnam and Iran need to build on friendly diplomatic ties to expand and promote two-way trade, Parliament Speaker Ali Larijani said.
"Our trade ties have not developed in tandem with our political relations," Larijani told Vietnam's Prime Minister Nguyen Xuan Phuc in a meeting in Hanoi on Tuesday.
Larijani said despite a long-standing relationship between the two countries, many areas of potential cooperation remain untapped, ICANA reported.
Pitching to Vietnamese investors, he said a national plan mapping out Iran’s development over the next five years encourages foreign investment in liquefied petroleum gas, agriculture, petrochemicals and oil and gas sectors.
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