Vietnamese firms promote trade in South Africa
A Vietnamese business delegation held trade promotion events at the 24th South African International Trade Exhibition (SAITEX), aiming to seek stronger partnership with local firms.
Visitors to the Vietnamese booth at the SAITEX 2017 (Photo: VNA)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 products.
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 potential.
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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