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Iranian and Vietnamese ministers inked a memorandum of understanding (MoU) on Sunday in Tehran for accelerating establishment of banking cooperation between the two countries. The signing ceremony was held in Tehran with the participation of Iran’s Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh and Vietnam’s Minister of Agriculture and Rural Development Nguyen Xuan Cuong. The ceremony was held on the sidelines of the ninth meeting of the Joint Economic Commission between Tehran and Hanoi.
Nematzadeh and the Vietnamese minister agreed to draw a road map in two months for bilateral cooperation in the cultural, social and economic fields. Meanwhile, the Post Bank of Iran and Vietnam Post signed a memorandum of understanding (MoU) on exchanging international postal bill through International Financial System in Universal Postal Union one week ago.
The Vietnamese President Trần Đại Quang, in a visit by chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Hanoi on April 20, welcomed the expansion of relations between the merchants of Iran and Vietnam and urged the Vietnamese banks to initiate the relations with the Iranian banks.

Source: IRNA - Date: (15 July 2017)