Sri Lanka Vietnam trade up 20-pct in first half

Sri Lankan President Maithripala Sirisena (L) and Sri Lankan Prime Minister Ranil Wickremasinghe gesture as Sri Lankan Finance Minister Ravi Karunanayake (unseen) presents a supplementary budget to parliament, marking the first economic policy statement of the new government which came to power earlier in the month in Colombo on January 29, 2015. Sri Lanka's new government announced hefty taxes on top companies in a bid to raise revenue, accusing the previous regime of fudging the figures and leaving the economy in a "sad state". AFP PHOTO / Ishara S. KODIKARA (Photo credit should read Ishara S.KODIKARA/AFP/Getty Images)

Sept 04, 2013 (LBO) – Trade between Sri Lanka and Vietnam has risen 20 percent in the first half of 2013, Hanoi’s envoy to Colombo Ton Sinh Thanh said. Sri Lanka’s minister of justice Rauf Hakeem and Petroleum Industries minister Anura Yapa had also visited Vietnam.

“Trade volume between the two countries in the first six months of the year reached 77 million US dollars, which is an increase of 20 percent,” Ambassador Thanh said at an event marking the national day of Vietnam.

“This is a quite high growth given the economic difficulties in the world.”

“We are also happy to see the steady expansion of relations between Sri Lanka and Vietnam on many fields,” he said.

A technical assistance program for aquaculture development was also progressing in the Northern Province, where the end of a war has brought a revival.

“By travelling around the country, including the northern and eastern provinces, we could witness tremendous changes and progress in reconstruction,” Ambassador Thanh said.

“Almost everywhere in Sri Lanka we could see great potential for development, especially in tourism, services, agriculture and aquaculture.”