Vietnam has set a target of earning 100 million USD from exports to Mozambique this year.
Nguyen The Hung, Deputy Director of the Vietnam Chamber of Commerceand Industry in Ho Chi Minh City (VCCI-HCMC), revealed this goal inHCM City on June 14 at the Vietnam-Mozambique Trade Forum, whichaims to promote investment and trade ties between the two countries.
The forum, jointly organised by VCCI-HCMC and theInvestment Promotion Centre under the Ministry of Planning andInvestment, also provided Vietnamese and Mozambican enterprises with avenue to share experience and seek new trade partners.
With a population of 24 million people, the Southeast African countryis considered a potential market for Vietnam ’s export products. Itis also a gateway for Vietnam to penetrate markets in South Africa.
Two-way trade between the two nations has seenrapid growth in recent years. Vietnam raked in 85.6 million USDexporting goods to Mozambique in 2012, up 20 percent over 2011’sfigure.
At the forum, participants introduced thetwo countries’ business and investment policies in agriculture, foodprocessing, fisheries, aquatic product processing and tourism to the twosides’ business communities.
Mozambican Ambassadorto Vietnam Gamilied Munguambe said his country attaches importance tostrengthening economic ties with Vietnam.
Headded that the country will realise its commitment to organisinginvestment and trade promotion programmes and enhancing visit exchangesin order to introduce investment potential, business environment andinvestment incentives of both nations.
Mozambiqueis now an attractive destination for foreign investors in the areas ofcoal, gas, energy, transport, telecommunications, banking and financethanks to its abundant natural resources, tax incentives and simplecustoms procedures.-VNA
Nguyen The Hung, Deputy Director of the Vietnam Chamber of Commerceand Industry in Ho Chi Minh City (VCCI-HCMC), revealed this goal inHCM City on June 14 at the Vietnam-Mozambique Trade Forum, whichaims to promote investment and trade ties between the two countries.
The forum, jointly organised by VCCI-HCMC and theInvestment Promotion Centre under the Ministry of Planning andInvestment, also provided Vietnamese and Mozambican enterprises with avenue to share experience and seek new trade partners.
With a population of 24 million people, the Southeast African countryis considered a potential market for Vietnam ’s export products. Itis also a gateway for Vietnam to penetrate markets in South Africa.
Two-way trade between the two nations has seenrapid growth in recent years. Vietnam raked in 85.6 million USDexporting goods to Mozambique in 2012, up 20 percent over 2011’sfigure.
At the forum, participants introduced thetwo countries’ business and investment policies in agriculture, foodprocessing, fisheries, aquatic product processing and tourism to the twosides’ business communities.
Mozambican Ambassadorto Vietnam Gamilied Munguambe said his country attaches importance tostrengthening economic ties with Vietnam.
Headded that the country will realise its commitment to organisinginvestment and trade promotion programmes and enhancing visit exchangesin order to introduce investment potential, business environment andinvestment incentives of both nations.
Mozambiqueis now an attractive destination for foreign investors in the areas ofcoal, gas, energy, transport, telecommunications, banking and financethanks to its abundant natural resources, tax incentives and simplecustoms procedures.-VNA
