Viettel staff instructs Mozambican technicians on optical cable maintenance (Photo: Viettel)Hanoi(VNA) – Mozambican Prime Minister Carlos Agostinho do Rosario’s official visit toVietnam from July 31 to August 3 is expected to boost bilateral cooperation intrade and investment, as well as in fields of mutual concern.
Vietnam and Mozambique established diplomaticties on June 25, 1975 – the day when the African nation declared independence.
Mozambique is an important partner of Vietnam inAfrica. The two nations have maintained cooperative relations through Party andState channels and people-to-people exchanges. The Communist Party of Vietnamand the Liberation Front of Mozambique (Frelimo) have cooperated closely inpersonnel training and scientific research. The Parties will continue increase theexchange of all-level delegations and sharing of experience in building andmanaging the nation and facilitate the development of economic and trade tiesbetween the two countries.
Bilateral economic and trade relations haveenjoyed impressive growth over the past years. Two-way trade increased from just13.83 million USD in 2006 to 101 million USD in 2016, of which Vietnam’sexports were valued at 72.5 million USD.
Mozambique current ranks 11th out of72 nations and territories in which Vietnam has invested. The African country’seconomic reform is opening more opportunities in investment cooperation forVietnam, especially in the fields of agriculture, aquatic products, mineralresources, civil industry, construction, energy and public infrastructure.
The two countries have carried out a number ofcooperation projects in agriculture and fisheries, and signed numerousagreements in other fields such as a framework agreement on economic, cultural,scientific and technological cooperation and a trade agreement in 2003 and anagreement on investment encouragement and protection in 2007.
In 2014, the two governments reached another agreement on joint research onfood crop development in Mozambique for 2013-2017.
In the time ahead, the two countries willintensify collaboration in telecommunications, health, education, and mining,and create favourable conditions for Vietnamese enterprises to invest in theproduction of rice, cashew nuts and soybean in the African country.-VNA
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