Union of Chambers and Commodity Exchanges of Turkey

Mr. Yavuz emphasized that the trade volume between the countries has augmented from 640 billion dollars in 2009 to 860 billion dollars in 2010, and the facilitation of visa procedures is important to move up further. He continued “TOBB President M. Rifat Hisarcıklıoğlu returned from his visit to Vietnam on October 2009 with very positive impressions and we want to improve this convergence”. Vice-President Faik Yavuz also invited a business delegation from Vietnam to the 25th CACCI Conference which will take place at Çırağan Palace, Istanbul, on 6-8 March 2011.   “The potential between the two countries must be reflected to the relations”     Vice President of Vietnam National Assembly Nguyen Duc Kien said that he wishes this visit to be an instrument to increase bilateral and trade relations. Pointing out that the two countries are similar in terms of population structures, Vietnam has also a large business community. Kien also expressed that there are 400 thousand small and medium-sized enterprises in Vietnam and the communication between Vietnam and Turkey should increase. He continued “Although there is a very high potential for trade between the two countries, the trade volume is too limited, and to sign the agreements to avoid double taxation and promotion of mutual investments are of a great importance”.