Vietnam shows off flagship products at Africa’s biggest trade fair
Vietnam’s premium products have attracted much interest from visitors at the Southern African International Trade Exhibition (SAITEX) in Johannesburg city, South Africa.
Some confectionary products of Vietnam are introduced at the SAITEX (Photo: VNA)
Johannesburg (VNA)🌞 – Vietnam’s premium products have attracted much interest from visitors at the Southern African International Trade Exhibition (SAITEX) in Johannesburg city, South Africa.
The 23rd SAITEX from June 19 – 21 draws nearly 700 businesses from more than 30 countries in Africa, Europe and Asia. More than 20,000 people have visited the biggest annual international trade event in Africa.
Ten Vietnamese enterprises are showcasing their products there. They include Dong Xuan Knitting Co. Ltd specialising in apparel, Thach Ban Group JSC working on construction materials, and Delta Food JSC providing processed food.
Other goods on display are housewares, furniture items, silk, ceramics, confectionary and beverages.
In the morning of June 19 alone, the Vietnamese pavilion welcomed over 1,000 visitors, including officials of the ruling African National Congress party, the Indonesian and Pakistan ambassadors, and representatives from the diplomatic corp and trade offices of some African and Asian nations.
Deputy Director of the Hanoi Department of Industry and Trade Tran Thi Phuong Lan said the city authorities encouraged its businesses to participate in trade promotion activities, especially in new markets like South Africa and other African nations.
The SAITEX is a great opportunity for Hanoi-based companies to boost the export of key products like garments, handicrafts, processed food, building materials and housewares to Africa, she added.
Trade turnover between Vietnam and South Africa has reached 1.2 billion USD – a bright spot of the Southeast Asian country’s economic activities in Africa, according to Vietnamese Ambassador to South Africa Le Huy Hoang.-VNA
Vietnam-South Afric trade has yet to meet its full potential, said Vietnamese Ambassador to South Africa Le Huy Hoang at a forum aiming to enhance ties between the two countries inmaritime transport.
Telecom group Viettel will establish a representative office in Ethiopia in East Africa with the aim of researching the market and promoting investment in the country, Viettel said.
Vietnam and South Africa agreed to double efforts to lift bilateral trade revenue to 3 billion USD by 2020 at the third meeting of their joint trade committee in South Africa’s capital of Pretoria.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
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On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
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.
Some confectionary products of Vietnam are introduced at the SAITEX (Photo: VNA)
