Azerbaijan, Vietnam to simplify trade procedures (UPDATE)

Details added (first version posted on 17:22)

Baku, Azerbaijan, May 12

By Azad Hasanli - Trend:

Azerbaijan and Vietnam will simplify trade procedures, Vietnamese deputy finance minister said in Baku May 12.

Vietnam's Deputy Minister of Finance Do Hoang Anh Tuan made the remarks during the meeting with the chairman of Azerbaijan's State Customs Committee Aydin Aliyev.

Anh Tuan added that simplification of trade procedures is envisaged in the draft agreement to be signed between the customs bodies of the two countries May 13.

"I believe that the agreement will be very productive for the business of both countries and create conditions for the mutual investments," he said, adding that to date, the two countries have signed 92 documents in the customs sphere.

Vietnamese deputy finance minister expressed hope that this agreement will create conditions for a closer and more effective cooperation between Azerbaijan and Vietnam.

He said currently, it is planned to sign a similar document with China, Russia, EU and Japan, adding that the preparations for signing the agreements with these countries are at the final stage.

Anh Tuan added that another agreement that envisages strengthening of cooperation in fighting drug smuggling and customs violations will be signed May 13.

'Vietnam can learn much from Azerbaijan in applying 'single window' principle as well," he said.
The customs bodies of the two countries play a role of a bridge in the development of economic relations between Azerbaijan and Vietnam, according to the deputy minister.

"The cooperation in the sphere of politics between Azerbaijan and Vietnam is at a high level," he said. "But we also want to strengthen the cooperation in the spheres of trade and economy."

A delegation headed by the President of Vietnam Truong Tan Sang arrived in Baku May 12. The visit will last until May 15. The agreements will be signed during this delegation's visit to Baku.
Moreover, Azerbaijan-Vietnam business forum will be held May 14.

The trade turnover between Azerbaijan and Vietnam stood at $79.76 million as of 2014, or almost four times less than in 2013, according to Azerbaijani State Customs Committee. This is while $75.37 million accounted for the export of Azerbaijani products to Vietnam.

Edited by CN

---

Follow the author on Twitter: @AzadHasanli

Kazakhstan eyeing to develop information system for accounting of oil and gas condensate
Kazakhstan eyeing to develop information system for accounting of oil and gas condensate
Demand for Turkish electrical goods on Kazakh market grows in 10M2020
Demand for Turkish electrical goods on Kazakh market grows in 10M2020
State budget for 2021-2023 approved in Kazakhstan following amendments introduction
State budget for 2021-2023 approved in Kazakhstan following amendments introduction
Loading Bars
Latest
Nursing homes will be first to get COVID-19 vaccine in Spain
Troops from Azerbaijan's Nakhchivan who took part in Karabakh conflict, return home (PHOTO)
Speaker of Azerbaijani parliament takes part in int’l conference initiated by Turkish parliament, PACE (PHOTO)
Any result that acceptable for Azerbaijan - acceptable for Turkey too, FM says
Volume of paid services in Azerbaijan’s Nakhchivan Autonomous Republic down
Azerbaijan shows aerial footage of Shusha city (VIDEO)
Kazakhstan eyeing to develop information system for accounting of oil and gas condensate
Anglo Asian Mining's production of precious metals in Azerbaijan may decrease
Uzbekistan eyes to increase share of renewable energy sources by 2030
Airbus CEO says industry might need until 2025 to reach pre-crisis levels
Parliament's plan to increase subsides - costly for Iranian government
Ukrainian companies enter Uzbek commodity exchange
National Bank of Georgia reveals data on losses of commercial banks
Import of sugar and confectionery by Azerbaijan down
Demand for Turkish electrical goods on Kazakh market grows in 10M2020
Azerbaijan confirms 1,259 more COVID-19 recoveries
Bahar Azadi gold coin price again falling in Iran
Azerbaijan discloses data on destroyed houses in liberated Fuzuli district
Baku Media Center prepares video covering Armenian vandalism on occupied territories of Azerbaijan (VIDEO)
Russian president hopes for participation of int’l organizations in Karabakh conflict settlement
Power abuse by major states prevents resolving conflicts - Russian FM
Uzbek-Korean JV to buy electrical products via tender
Turkmenistan offers business opportunities for Switzerland in number of fields
North-South Corridor - on Iran's agenda - Minister of Roads and Urban Development of Iran
Turkish, Russian military personnel to jointly patrol in Nagorno-Karabakh - Turkish MoD
Azerbaijan shows footage from Abdal, Gulabli villages of Aghdam district (VIDEO)
Egyptian air operator enters Uzbek market
Uzbekistan to introduce changes to electricity payments in 2021
Iran assigns more funds to complete unfinished projects
Turkmenistan's Turkmennebit opens tender for purchase of equipment
Azerbaijan’s startup sector expects big investments
Iran's ten-month import of steel from Turkey drops
Tesla set to breach $500 billion in market value
State budget for 2021-2023 approved in Kazakhstan following amendments introduction
Kazakhstan's bitumen output exceeds 2020 plan as maintenance works held country-wide
Port of Baku reveals total 10M2020 cargo shipments
New railway vehicles put into operation in Iran
Iran`s Zarif to visit Moscow and Baku despite postponement
Kazakhstan looking to double renewables share in electricity production
Iran continues to cut reliance on oil revenue
Volume of container transshipment between Kazakh, Azerbaijani ports almost triples
LUKOIL refusing plans to construct giant petrochemical complexes
Iran, Qatar sign an extensive Memorandum of Understanding to facilitate cooperation
Switzerland names main trade statistics with Turkmenistan
Dry cargo transshipments through Baku port grow in 10M2020
LUKOIL says reducing oil exports to Europe is inevitable
Georgia receives new buses of modern standards
Georgian hazelnuts exports up
Georgia sees increase in export of tangerines
Ryanair wants to be 'at front of queue' for new 737 MAX order
Azercell’s Mobile Eye Clinic joins campaign for IDPs initiated by the UN (PHOTO)
El Al to launch Tel Aviv - Dubai flights next month
Kazakhstan’s third-quarter economic performance benefits from recovery of oil prices
Azerbaijan informs UNESCO, ISESCO about results of initial monitorings on liberated areas
Turkmenistan’s private sector participates in dev't of poultry farming
Iran discloses plan on creation of new jobs in Yazd Province
Destroyed Armenian positions firing at Azerbaijani army during recent hostilities shown (PHOTOS)
Central Bank of Azerbaijan discloses data from foreign exchange auction
CBI announces Iran's external debt
Azerbaijan starts to grow bananas - Azerbaijani Ministry of Agriculture
Azerbaijani servicemen help Armenians to move belongings from villages of Aghdam district (VIDEO)
PAYSIS expanding range of innovative services in Azerbaijan
Iran reveals COVID-19 data for November 24
E-Space reveals volume of EVs registered in Georgia
Azerbaijan discloses volume of tobacco harvested this season
Russian insurance agency to fund Uzbekistan’s hydrocarbon raw materials production
Iran to boost apple production
Georgia reveals volume of exported apples
Income of Chinese contractor of infrastructural projects in Georgia up
We were able to get necessary international support in key issue for us - President Aliyev
LUKOIL says $40/bbl is worst case scenario for oil prices
If we had not created necessary legal framework for resolving conflict, we could have faced problems today - President Aliyev
Iran registers order at COVAX to buy vaccine
Air traffic reduces in Georgia - EUROCONTROL
Second asphalt layer of Ashgabat-Turkmenabat highway being laid
Russian Export Center discloses value of support for exports to Azerbaijan
Azerbaijan's import of limestone, cement down in 10M2020
Aghdam operation was part of our plans - President Aliyev
Kocharyan and Sargsyan, you have knelt before us - President of Azerbaijan
We will restore the city of Aghdam - President of Azerbaijan
No-one should worry, especially leaders of Western countries - President Aliyev
Pashinyan imprisoning captures all opposition, West remains silent - President Aliyev
Many times when I was on line of contact, in trenches, I thought that one day we would return - President of Azerbaijan
I said, Pashinyan, you personally must give us a timetable, you must do it yourself - President Aliyev
We have destroyed enemy in hand-to-hand battle, crossing ravines, forests, mountains, and liberated Shusha - President Aliyev
Precious metal prices in Azerbaijan down
Victory on battlefield made it possible to liberate Aghdam district without a single shot - President of Azerbaijan
Today, many developed countries studying our experience - President of Azerbaijan
Some int'l organizations did not want to reveal identity of occupier in documents adopted - President Aliyev
We do not depend on anyone, do not depend on any country, on any int'l financial institution - President Aliyev
New gas condensate storage facilities to be launched in Iran's Asaluyeh County
Uzbekistan’s largest import of wood products falls on Russia
Uzbekistan eyes importing electricity from Turkmenistan, Kazakhstan
Uzbek-Korean JV to buy spare parts for analyzer via tender
Azerbaijan indicts Armenian ex-defense minister on another article
To those questioning support for Azerbaijan territorial integrity, I suggest they read UNSC resolutions - Former Romanian FM
Turkmenistan considering possibility of growing pistachios
EBRD provides Azerbaijan with loan to improve environment in Ganja
Georgia reports 3,128 new coronavirus cases
Uzbekistan’s gov’t ready to back Ipoteka-Bank
All news