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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.
Vietnamese firms promote trade in South Africa ảnh 1Visitors to the Vietnamese booth at the SAITEX 2017 (Photo: VNA)
Pretoria(VNA) –A Vietnamese business delegation held a number of trade promotion eventswith South African businesses on June 27-28 as part of their activities at the 24thSouthAfrican International Trade Exhibition (SAITEX), aiming to seek strongerpartnership with local firms.

At the events, theMinistry of Industry and Trade, the Trade Office of the Vietnam Embassy inSouth Africa and the Vietnamese firms introduced major products of Vietnam,mostly farm produce,and peppercorn, household commodities andinterior woodenproducts.

Many local enterprisesin Johannesburg and Cape Town showed their special interest in the price,quality, production process and import-export capacity of Vietnam.

Vietnamese Ambassadorin South Africa Vu Van Dung said that the trade promotion events are a goodchance for Vietnamese businesses to introduce strong products to Africa andSouth Africa in particular.

Currently, tradebetween Vietnam and South Africa has reachedover 1 billion USD, which is a brightspot in Vietnam’s trade activities in the region, he noted.

The ambassador also stressedthe need to further foster economic and trade ties between South Africa, thelargest economy in African region, and Vietnam -a dynamic economy with abundantpotential.

Besides, the two sidesshould strengthen connection among business communities, while promotinginvestment and tourism cooperation in the future, he said.

South African firmspointed out that a lack of information and exchange channels are amongobstacles hindering products of each country to penetrate each other market.They proposed that authorised agencies of both sides create more favourableconditionsfor business communities of both sides to boost connectivityin the future.-VNA
VNA

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