An overview of the Vietnam-Angola trade and investment promotion conference (Source: baodautu.vn)

Hanoi (VNA) – Angola is a promising country for Vietnamese enterprises to do business and investment, thanks to its stable political system and numerous preferential investment policies.

The statement was made by Dang Van Thanh, President of the Vietnamese Traders’ Club, at a Vietnam-Angola trade and investment promotion conference held in Hanoi on July 14.

The event was held by the Angolan Embassy in Vietnam and the Vietnamese Traders’ Club, Investment Review reported.

Participants were introduced to potential and advantages of Angola, as well as trade and investment cooperation opportunities with the country.

Angolan Ambassador João Manuel Bernardo said that the event offered a chance for Vietnamese businesses to seek investment opportunities and trade collaboraton with Angola in fields Vietnam has strength such as agriculture, health and telecommunications.

The Angolan government is stepping up investment attraction and carrying out activities to intensify connectivity with foreign enterprises, including those from Vietnam, he added.

First Secretary at the Angolan Embassy Abel Paxe recommended Vietnamese businesses to boost exports to the African market in the fields of its demand, including rice, seafood, garment and textiles and confectionary.-VNA