Joint Iran–Vietnam Investment and Financial Opportunities

TEHRAN (Iran News) According to IRNA, citing the Iran Chamber of Commerce, Industries, Mines and Agriculture, Mehdi Azadvari said at the association’s seasonal gathering that over the past three months the new board has succeeded in signing memoranda of understanding with domestic and international institutions aimed primarily at delivering effective services to association members.

He noted that cooperation with the Iran Financial Center, the World Business Organization, and several joint chambers of commerce has been defined within this framework, adding that negotiations with other joint and provincial chambers are also underway, centered on joint Iranian–foreign investment.

Azadvari described the association’s participation in the Kish Investment Exhibition as a turning point of the current term, emphasizing that it helped raise awareness of the association among economic actors.

Referring to the advantages of the Kish Free Zone—such as visa-free entry for foreign nationals—he said the area could become a major hub for hosting international investment events. In this regard, negotiations have been held with the Supreme Council of Free Zones and the Kish Free Zone Organization to sign joint memoranda of understanding.

Outlining the proposed framework of the association’s strategy, Azadvari said the document is still at the proposal stage and aims to position the association as a credible reference body in the development and support of joint investments between Iran and other countries.

He explained that the association’s core missions are defined across four pillars: expanding communications, providing advisory services, safeguarding members’ interests, and fulfilling social responsibility to strengthen Iran’s economic brand.

Azadvari listed attracting foreign investors, increasing joint projects, enhancing the quality of international cooperation, transferring technology, and improving Iran’s image in the investment environment as the association’s overarching goals. He stressed that achieving these objectives requires an operational plan, evaluation indicators, and transparent reporting to members.

He added that alongside international activities, the association has plans in place for specialized training, research, information dissemination, and engagement with government bodies to improve the business environment.

At the meeting, Hadi Shahpar, a member of the association’s Investment Committee, emphasized the concept of sustainable economic engagement, saying one of the weaknesses of Iran’s foreign trade is the episodic nature of its economic relations.

He said the Joint Investment Association seeks to establish long-term, structured relationships based on regional agreements and economic blocs.

Describing ASEAN countries—including Vietnam, Malaysia, Indonesia, Thailand, and Singapore—as major global economic hubs, Shahpar said Vietnam could play a pivotal role as Iran’s gateway to Southeast Asia.

Pointing to Vietnam’s sustained economic growth and the untapped potential in bilateral trade, he noted that despite more than five decades of diplomatic relations, the volume of trade between Iran and Vietnam does not reflect existing capacities. “Iran–Vietnam ”

He added that sectors such as construction materials, petrochemicals, technology, agriculture, and especially coffee are among the main areas of current cooperation, with numerous opportunities for expanding joint investment. “Iran–Vietnam ”

In another part of the meeting, Vietnam’s deputy ambassador and a representative of the country’s Ministry of Industry and Trade in Iran, referring to bilateral diplomatic ties and Iran’s capabilities in petrochemicals, agriculture, and advanced technologies, announced that Vietnam is ready to serve as a conduit for Iranian products and technologies to Southeast Asian markets. “Iran–Vietnam ”

It was emphasized that the Vietnamese embassy and the trade office of the Ministry of Industry and Trade in Iran are prepared to provide necessary facilitation and information to Iranian companies interested in entering the Vietnamese market.

At the conclusion of the meeting, association members raised questions and shared their views. It was agreed that practical cooperation between the Joint Investment Association and the Vietnamese embassy would be pursued to facilitate the presence of Iranian companies in Vietnam. The stated goal of these efforts is to increase Iran’s share in Vietnamese markets and strengthen sustainable economic ties between the two countries.