Talking about the relationship between Vietnam and Bahrain, he said that the relationship can be reinforced by organizing business and cultural events. “We hope that in the future the two countries will increase bilateral trade, tourism and organize more frequent visits of officials and delegations,” he added.
Chairman of the ASEAN-Bahrain Business Council Sheik Daij bin Isa Al Khalifa (Photo: thuongiaonline.vn)
According to the Chairman of the ASEAN-Bahrain Business Council, the bilateral trade turnover stands at USD50 million per year, which he said was modest and needed the active role of the two Governments in promoting the cooperation between the two sides’ businesses.
“Some important trade items that can enhance exchange and cooperation are bamboo products, paper products, medical equipment, furniture, textiles, electronic goods and footwear,” he went on to say.
Noting that Bahrain’s businesses have had more understanding and cared more about the Vietnamese market since the first official visit to Vietnam of a Bahrain delegation organized by the ASEAN – Bahrain Business Council in 2018, he said that Vietnam’s key products like furniture, paper products, agricultural products, textiles and medical equipment may be the first items to be promoted in Bahrain, among many others.
Talking about the plan of the ASEAN – Bahrain Business Council for the future, he said that the council pledged to promote Vietnam - Bahrain bilateral trade as well as the relationship between the two countries. “We are willing to support any business from Vietnam who wants to do business in Bahrain,” he stressed.
The council has also proposed opening a trade center in Bahrain as a link of Vietnamese businesses to Bahrain and vice versa.
The ASEAN - Bahrain Business Council was established in 2017 to strengthen business relations between Bahrain and ASEAN members, as well as focus on exchanges in the fields of trade, sports, tourism, and culture.
In 2018, the ASEAN-Bahrain business delegation came to Vietnam to seek investment cooperation opportunities and trade connections in Vietnam./.