Dhaka (VNA) – Vietnam and Bangladesh – two
emerging economies with quick growth, big population and market, and abundant, young labour force – see ample room for bilateral cooperation, said Vietnamese Ambassador to Bangladesh Pham
Viet Chien.

In an interview with the Vietnam News Agency on the occasion
of the two nations celebrating the 50th anniversary of their
diplomatic relations, Chien recommended the sides effectively implement existing
bilateral agreements and cooperation mechanisms, particularly the Joint Committee on economic, culture and science-technology cooperation and the Joint Sub-committee on Trade, while building new ones suitable to
their new development contexts.

Chien said the countries uphold the role of multilateralism
in creating and maintaining a peaceful and stable environment regionally and
globally serving cooperation and development. Bearing the brunt of climate
change, they show similar approaches to such global issues as climate change
response as well as food and energy security, he added.

The two have been closely coordinating at many multilateral
forums and continue to support each other in the international arena, the
diplomat said, unveiling that their 50th anniversary celebration
will take place throughout 2023 with diverse activities.

The traditional friendship between the countries has been
continuously consolidated, developed and deepened across all channels of the party,
state, parliament and people-to-people exchange. Many bilateral agreements have been signed and a range of cooperation mechanisms formed in different
fields like trade, industry, agriculture, fishery, animal husbandry, and
science-technology.

Bangladesh is currently Vietnam’s second largest trading
partner in South Asia. Trade between the countries nearly quadrupled within a
decade from about 350 million USD in 2012 to about 1.47 billion USD in 2022,
aiming for 2 billion USD set by the senior leaders of the two
countries in 2018./.