Vietnam envoy for frequent exchange of business delegations.

LAHORE -- Ambassador of Vietnam Pham Hoang Kim has stressed the need for frequent exchange of delegations for enhancing trade volume between the two countries. Speaking at the Lahore Chamber of Commerce and Industry on Monday, he suggested business forums of two countries to focus this particular area for exploring each other's market. LCCI Vice President Mian Zahid Jawaid Ahmad, Executive Committee members Fiaz Haider, Malik Khalid Gujjar, Yasir Khursheed, Haji Asif Sehar, Haris Attique, Sheikh Sajjad Afzal and Ch Khadim Hussain and former EC member Rehmatullah Javed were also present. The Ambassador said that there should be interaction between chambers of commerce of both countries. Pakistan and Vietnam have strong diplomatic relations. He said that entrepreneurs from both sides should have B2B meetings to strengthen mutual trade relations. About getting business visas of Vietnam, the envoy said that there must be an invitation or immigration proposal from Vietnam. He said that the LCCI and the Vietnam Chamber of Commerce and Industry should join hands to arrange trade delegations and promote business activities. Mian Zahid Jawaid Ahmad highlighted investment opportunities in Pakistan under CPEC in Special Economic Zones. 'It is encouraging to note that in the span of 10 years, Vietnam has become important trading partner of Pakistan.

Among the major importing and exporting countries for Pakistan, Vietnam comes at 27th and 18th places', he said and added that the balance of trade was in favour of Vietnam whereas in 2018 the value of trade deficit stood at dollar 69 million...