BAKU, Azerbaijan, January 15. Azerbaijan and
Vietnam’s VinFast company discussed opportunities for joint
activities in the production of electric vehicles, the Azerbaijani
Minister of Economy Mikayil Jabbarov wrote on his X page, Trend reports.
"We were pleased to meet with the delegation
led by Le Thi Thu Thuy, Chairwoman of the Board of Directors of
Vietnam’s VinFast company. During the meeting, we exchanged views
on cooperation between business communities to diversify economic
relations with Vietnam, priorities for sustainable development, and
Azerbaijan’s favorable business climate," the minister said.
The Azerbaijani State Customs Committee data shows that in the
first 11 months of 2025, the trade turnover between Azerbaijan and
Vietnam amounted to $141.8 million, which is $9.7 million, or 7.4%,
higher compared to the same period in 2024.
During the reporting period, Azerbaijan's exports to Vietnam
totaled $1.02 million, while imports from Vietnam amounted to
$140.8 million. These figures represent a year-on-year growth of
$183,000 (21.8%) for exports and $9.6 million (7.3%) for
imports.
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