Mozambique – gateway for Vietnamese firms to access Southern Africa
Mozambique will act as a gateway for Vietnamese businesses to penetrate into member countries of the Southern African Development Community (SADC), President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias affirmed at a meeting with representatives of the Vietnamese community in Hanoi on June 21.
President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias speaks at the meeting. (Photo: VNA)
Hanoi (VNA) – Mozambique will act as a gateway for Vietnamese businesses to penetrate into member countries of the Southern AfricanDevelopment Community (SADC), President of the Mozambican Assembly Esperanca LaurindaFrancisco Nhiuane Bias affirmed at a meeting with representatives of theVietnamese business community in Hanoi on June 21.
The President called on Vietnamese enterprises toinvest in tourism, mining, energy and agriculture in which Mozambique haspotential, noting that to support investors, the African nation has establisheda portal providing information for both private and state-owned firms.
She suggested Vietnamese and Mozambican businesses maximisebenefits offered by cooperation agreements reached by the two countries,and expressed her hope that after the meeting, more Vietnamese firms will cometo operate in Mozambique.
At the meeting, Chairman of the Vietnam Chamber ofCommerce and Industry (VCCI) Pham Tan Cong emphasised that apart from politicalties, bilateral economic and trade relations have seen positive signs overthe past time.
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong speaks at the meeting. (Photo: VNA)
During the 2020-2021 period when the COVID-19 wasstill ravaging, two-way trade still exceeded 150 million USD, he said,highlighting cooperation in investment and agriculture.
Pointing out optimal cooperation potential betweenthe two countries, Cong suggested Vietnamese firms consider investmentopportunities in Mozambique, particularly in agriculture, heavy industry,infrastructure, finance, health care, and information technology andtelecommunications (ICT).
Along with traditional goods like rice, cable lines,fertilizers, garment-textiles, steel, cashew nuts and wood, among others,Vietnamese and Mozambican enterprises should expand the list of goods that canbe exchanged such as farm produce, construction materials and medical equipmentof Vietnam, and some agricultural products and minerals of Mozambique, Congsaid.
The VCCI will cooperate with Mozambican competentagencies, and work as a bridge to promote the trade and investment ties, hepromised./.
Vietnam attaches special importance to its traditional cooperation and friendship with Mozambique and views the latter as one of the five African countries with which it prioritises political - diplomatic and economic ties, said National Assembly (NA) Chairman Vuong Dinh Hue.
Nguyen Phuong Nga, President of the Vietnam Union of Friendship Organisations (VUFO), has expressed her hope that Vietnam and Mozambique will maximise their strengths to deepen their cooperation and traditional friendship.
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The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias speaks at the meeting. (Photo: VNA) 
Chairman of the Vietnam Chamber of Commerce and Industry (VCCI) Pham Tan Cong speaks at the meeting. (Photo: VNA) 
