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Sunday, February 25, 2024

Vietnam, Turkey strengthen cooperation in EV production

The Saigon Times

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HCMC – Vietnam and Turkey agreed to bolster cooperation in electric vehicle (EV) manufacturing during a meeting on November 30 between Prime Minister Pham Minh Chinh and Turkish Minister of Industry and Technology Fatih Kacir.

Minister Kacir said there is potential for collaboration between the two countries to leverage their respective advantages and expertise in different sectors.

In addition to EV manufacturing, he said Turkey is interested in exploring business opportunities related to industrial parks, high-tech parks, automation, defense industries, and remote sensing in Vietnam.

PM Chinh expressed his optimism about potential Turkish investments in Vietnam and the sharing of expertise in high-technology park management and operation.

He said the two countries should conduct negotiations over a free trade agreement and that Turkey should consider recognizing Vietnam as a market economy.

In another meeting with PM Chinh, Turkish Minister of Budget and Finance Mehmet Simsek underscored the significance of improving aviation connections, easing visa requirements, and eliminating trade remedies to create a favorable environment for businesses of both countries.

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