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Image : Iran says 11 tonnes of heavy water sent to Oman

Iran says 11 tonnes of heavy water sent to Oman

person Orange Themes access_time Nov 22,2016

Iran said on Tuesday it had sent 11 metric tonnes of heavy water to Oman as part of its obligations under last year's nuclear deal with world powers. Ali Akbar Salehi, head of Iran's Atomic Energy Organisation, said the heavy water has been sold to

Image : U.S.'s Kerry seeks to reassure European banks on Iran trade

U.S.'s Kerry seeks to reassure European banks on Iran trade

person Orange Themes access_time May 12,2016


European banks should not fear retaliation from the United States for resuming legitimate trade ties with Iran, U.S. Secretary of State John Kerry told a meeting of senior bank executives in London on Thursday.

Image : No price tag, end date for FAA's air traffic control plan

No price tag, end date for FAA's air traffic control plan

person Orange Themes access_time Nov 16,2016

The Federal Aviation Administration has little to show for a decade of work on modernizing air traffic control, and faces barriers and billions more in spending to realize its full benefits, says a report ...

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Enormous potential for Vietnam - Iran economic co-operation

access_time Apr 20,2017 chat_bubble_outline 35 views
Enormous potential for Vietnam - Iran economic co-operation

The event was jointly organised by the Vietnam Chamber of Commerce and Industry (VCCI), the Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) and the Iranian Embassy in Vietnam.


The forum attracted many Vietnamese and Iranian enterprises in the fields of garments and textiles, footwear, construction materials, aquatic products, agricultural products and household appliances, among others.


VCCI Chairman, Vu Tien Loc said that Vietnam and Iran have signed many agreements in such areas as agriculture, culture, education, banking, customs and aviation.


Vietnam posted a total import-export revenue of US$116.9 million with Iran in 2016, including US$86.8 million worth of export revenue and US$30.1 million worth of import revenue.


Loc noted that the two economies have their own advantages that can complement each other for mutual development, as Iran has potential in energy, petrochemicals and mining, while Vietnam has enormous potential in agriculture and aquatic products.


In addition to trade and investment cooperation, tourism is also a potential area for mutual co-operation as Vietnam has many beautiful sites to attract Iranian visitors, Loc added.


ICCIMA Chairman, Gholamhossein Shafei said that as the country with the world's largest reserves of oil, Iran can provide Vietnam with products such as petrochemicals, asphalt, polymer granules, base oils, building materials and minerals, adding that Iran exports a large quantity of asphalt and polymer products to Vietnam each year.


He said that Vietnam could be a bridge for Iranian goods to reach ASEAN countries, while Iran, located in a region of more than 400 million people, would be the gateway for Vietnamese goods to reach the Middle East, Central Asia and Europe.


Chairman of the Board of Directors of An Viet INTACO JSC, Tran Van Tri said that cruise ship building and fishing are potential areas of co-operation between the two countries, besides co-operation in agriculture and petrochemicals, as Iran has abundant fisheries resources with high-value and nutrition such as sturgeon, salmon, herring and shrimp.

Settlement of VN banks' bad debts faces hurdles

Though the bad debt ratio of the banking system has been reported to drop to below 3 per cent of its outstanding loans, how to deal with the amount of bad debt stuck at the Viet Nam Asset Management Company (VAMC) is still a troublesome job. Clients asking for loans at a branch of the Bank for Investment and Development of Viet Nam in central Quang Tri Province. A large amount of banks' bad debts has been bought by VAMC since it was established. From 2013 to June 18, 2016, VAMC bought VND247… chat_bubble_outline Read More...

Cubs win first game over Dodgers, Indians 2-0 up over Jays

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Hidden Beneath Bolivian Volcano, Enough Water to Fill a Great Lake

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Maine Gov. LePage casts doubt on election results

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Raul Castro, stepping from Fidel's towering shadow

Havana (AFP) - Cuban President Raul Castro has proved far more pragmatic than his late brother Fidel, ushering in a gradual opening on the communist island and a historic thaw with the United States.Now, he finally steps out of his big brother's shadow for good.Fidel's death late Friday at age 90 leaves Castro alone at the levers of power for the first time since health problems forced his brother to step down in 2006.Raul Castro had served as his brother's defense minister ever since 1959,… chat_bubble_outline Read More...

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