President of Armenia SerzhSargsyan will pay an official visit to Vietnam from June 8-9 at theinvitation of Vietnamese President Truong Tan Sang.
The visitaims to strengthen multifaceted cooperation between the two countries,especially in economics, trade and in the fields of the two countries’strength, as well as exchange views on international and regional issuesof common concerns.
President Serzh Sargsyan’s visittakes place in the context the two countries’ traditional friendship hasseen positive developments and coincident with the 20 th anniversaryof the Vietnam-Armenia diplomatic ties (July 20).
The western Asian country has seen stable development growth in recent years with low inflation rate.
It is strong in production and export of high quality electronic items,cables, milk, meat, wine and jewelry and has demand for cereals, sugar,high-tech products and fuel.
Despite global economiccrisis, Armenia still reached a fairly high GDP growth rate, 4.6percent in 2011 compared to 2.1 percent in 2010.
Vietnamand Armenia have witnessed traditional friendship and maintainedfine political relations with delegation exchanges at all level.
Former Vietnamese President Nguyen Minh Triet met with President SerzhSargsyan on the sidelines of the celebration of 65 th anniversary ofFascism Victory in Moscow on May 9, 2010.
Meanwhile,Armenian Foreign Minister Edward Nalbandian visited Vietnam inFebruary 2012, during which he spoke highly of Vietnam’s role andprestige in the region and expressed hope that Vietnam will supportArmenia in expanding relations with Southeast Asian countries.
Though the two countries’ relations have seen developments, trade ties yet matched the potentials.
Two-way trade reached nearly 21 million USD in 2010, of whichVietnam’s exports worth 5.1 million USD, and in 2011, 7.4 million USD.
Armenia imported telephones and spare parts, productsmade from iron and steel, rice, tea, coffee, seafood and garments fromVietnam and exported machineries, components and spare parts, cotton,wood and wooden products and material plastic./.
The visitaims to strengthen multifaceted cooperation between the two countries,especially in economics, trade and in the fields of the two countries’strength, as well as exchange views on international and regional issuesof common concerns.
President Serzh Sargsyan’s visittakes place in the context the two countries’ traditional friendship hasseen positive developments and coincident with the 20 th anniversaryof the Vietnam-Armenia diplomatic ties (July 20).
The western Asian country has seen stable development growth in recent years with low inflation rate.
It is strong in production and export of high quality electronic items,cables, milk, meat, wine and jewelry and has demand for cereals, sugar,high-tech products and fuel.
Despite global economiccrisis, Armenia still reached a fairly high GDP growth rate, 4.6percent in 2011 compared to 2.1 percent in 2010.
Vietnamand Armenia have witnessed traditional friendship and maintainedfine political relations with delegation exchanges at all level.
Former Vietnamese President Nguyen Minh Triet met with President SerzhSargsyan on the sidelines of the celebration of 65 th anniversary ofFascism Victory in Moscow on May 9, 2010.
Meanwhile,Armenian Foreign Minister Edward Nalbandian visited Vietnam inFebruary 2012, during which he spoke highly of Vietnam’s role andprestige in the region and expressed hope that Vietnam will supportArmenia in expanding relations with Southeast Asian countries.
Though the two countries’ relations have seen developments, trade ties yet matched the potentials.
Two-way trade reached nearly 21 million USD in 2010, of whichVietnam’s exports worth 5.1 million USD, and in 2011, 7.4 million USD.
Armenia imported telephones and spare parts, productsmade from iron and steel, rice, tea, coffee, seafood and garments fromVietnam and exported machineries, components and spare parts, cotton,wood and wooden products and material plastic./.
