Azerbaijan and Vietnam’s VinFast Explore Electric Vehicle Production Cooperation

Baku: Azerbaijani Minister of Economy Mikayil Jabbarov recently held discussions with a delegation led by Le Thi Thu Thuy, Chairwoman of the Board of Directors of Vietnam's VinFast company. The meeting, as reported by the Ministry to APA-Economics, focused on exploring economic cooperation and potential joint ventures in electric vehicle production.

According to Azeri-Press News Agency, the discussions centered on strengthening ties between the business communities of Azerbaijan and Vietnam. Both parties expressed interest in diversifying their economic relations, prioritizing sustainable development, and leveraging Azerbaijan's favorable business climate to enhance mutual cooperation.

Additionally, the meeting highlighted opportunities for collaborative efforts in the production of electric vehicles, signaling a potential new avenue for economic partnership between Azerbaijan and Vietnam.