Vietnamese firms promote trade in South Africa

Visitors to the Vietnamese booth at the SAITEX 2017 (Photo: VNA)

–A Vietnamese business delegation held a number of trade promotion events
with South African businesses on June 27-28 as part of their activities at the 24thSouth
African International Trade Exhibition (SAITEX), aiming to seek stronger
partnership with local firms.

At the events, the
Ministry of Industry and Trade, the Trade Office of the Vietnam Embassy in
South Africa and the Vietnamese firms introduced major products of Vietnam,
mostly farm produce,and peppercorn, household commodities andinterior wooden

Many local enterprises
in Johannesburg and Cape Town showed their special interest in the price,
quality, production process and import-export capacity of Vietnam.

Vietnamese Ambassador
in South Africa Vu Van Dung said that the trade promotion events are a good
chance for Vietnamese businesses to introduce strong products to Africa and
South Africa in particular.

Currently, trade
between Vietnam and South Africa has reachedover 1 billion USD, which is a bright
spot in Vietnam’s trade activities in the region, he noted.

The ambassador also stressed
the need to further foster economic and trade ties between South Africa, the
largest economy in African region, and Vietnam -a dynamic economy with abundant

Besides, the two sides
should strengthen connection among business communities, while promoting
investment and tourism cooperation in the future, he said.

South African firms
pointed out that a lack of information and exchange channels are among
obstacles hindering products of each country to penetrate each other market.
They proposed that authorised agencies of both sides create more favourableconditions
for business communities of both sides to boost connectivity
in the future.-VNA

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