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Opening of the Israel-Vietnam Chamber of Commerce in Tel Aviv

Opening of the Israel-Vietnam Chamber of Commerce in Tel Aviv
Delegates attended the opening ceremony of the Israel-Vietnam Chamber of Commerce.

Attending the opening ceremony of the Israel-Vietnam Chamber of Commerce were representatives of Israel’s Ministry of Foreign Affairs, Israel’s Ministry of Economy and Industry, leaders of IACC and nearly 30 Israeli high-tech companies, in the fields of cybersecurity, telecommunications, energy, water treatment… in the form of direct and online combination.

Speaking at the ceremony, Vietnamese Ambassador to Israel Do Minh Hung said that in recent years, Vietnam-Israel economic and trade relations have still grown strongly, even in the difficult context of the pandemic. cause.

In 2021, bilateral trade turnover will reach 1.8 billion USD, while this figure will be 1.6 billion USD in 2020 and 1.2 billion USD in 2019. Currently, Vietnam is Israel’s largest trading partner in Southeast Asia.

Opening of the Israel-Vietnam Chamber of Commerce in Tel Aviv
Ambassador Do Minh Hung spoke at the opening ceremony.

Emphasizing the significance of the opening of the Israel-Vietnam Chamber of Commerce, Ambassador Do Minh Hung shared the desire to access the Israeli high-tech and start-up market of many Vietnamese businesses, and affirmed that this is the a new impetus for bilateral economic relations.

According to Ambassador Do Minh Hung, the two countries are trying to conclude negotiations on the Vietnam-Israel Free Trade Agreement (VIFTA) to create a push to boost bilateral trade.

At the ceremony, the Israelis spoke positively about the rapidly growing trade relationship between the two countries and said that there are still many opportunities for further exploitation and development of economic and trade between the two countries. in the coming period.

The establishment of the Israel-Vietnam Chamber of Commerce is considered to be very timely, will be a bridge to contribute positively to the connection of investment and business between Israeli and Vietnamese businesses, especially in the context of The two countries are about to sign the VIFTA Agreement and more and more businesses of the two countries are interested in each other’s markets.

Opening of the Israel-Vietnam Chamber of Commerce in Tel Aviv
The Israeli side has a positive assessment of the fast-growing trade relationship between the two countries.
Opening of the Israel-Vietnam Chamber of Commerce in Tel Aviv
The opening ceremony of the Israel-Vietnam Chamber of Commerce in Tel Aviv was held in the form of a live online combination.

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