Illustrative image (Source: VNA)Hanoi (VNA) – The Ministry of Industry and Trade(MoIT)’s Department of Asian-African Markets will hold a trade promotion tripto South Africa to display goods at wholesale and retail supermarkets from May8-16.
Accordingly, the Vietnamese goods will be introduced atwholesale supermarket chain Advance Cash & Carry and retail supermarketShoprite.
Via the event, Vietnamese firms will have a chance to meetSouth African importers to boost exports to the country, focusing on farmproduce, processed food, confectionery, beverages, aquatic products, apparel,household appliances, stationery, leather, and footwear.
The delegation will survey the market and conduct trade withSouth African enterprises.
Head of the West Asian-African market office Nguyen MinhPhuong said South Africa is the most developed country in Africa in terms ofsocio-economy and politics, as well as now being the largest trade partner ofVietnam in the continent.
Two-way trade surpassed 1 billion USD last year. Nearly 742million USD of which was Vietnamese exports, mostly mobile phones and spareparts, machinery, peppercorns, apparel, footwear, iron and steel, cashew nuts,wooden furniture, chemicals, vegetables, and rice.
Vietnam spent 386 million USD on imports from South Africalast year, including plastics, metal, vegetables, apparel and footwearmaterials, chemicals, iron and steel, machinery and equipment, spare parts, coal,ore and minerals, chemicals, cotton, and rubber.
The MoIT will work closely with Cape Town and Johannesburg’schambers of commerce and industry to organise business seminars in the twocities. –VNA
Accordingly, the Vietnamese goods will be introduced atwholesale supermarket chain Advance Cash & Carry and retail supermarketShoprite.
Via the event, Vietnamese firms will have a chance to meetSouth African importers to boost exports to the country, focusing on farmproduce, processed food, confectionery, beverages, aquatic products, apparel,household appliances, stationery, leather, and footwear.
The delegation will survey the market and conduct trade withSouth African enterprises.
Head of the West Asian-African market office Nguyen MinhPhuong said South Africa is the most developed country in Africa in terms ofsocio-economy and politics, as well as now being the largest trade partner ofVietnam in the continent.
Two-way trade surpassed 1 billion USD last year. Nearly 742million USD of which was Vietnamese exports, mostly mobile phones and spareparts, machinery, peppercorns, apparel, footwear, iron and steel, cashew nuts,wooden furniture, chemicals, vegetables, and rice.
Vietnam spent 386 million USD on imports from South Africalast year, including plastics, metal, vegetables, apparel and footwearmaterials, chemicals, iron and steel, machinery and equipment, spare parts, coal,ore and minerals, chemicals, cotton, and rubber.
The MoIT will work closely with Cape Town and Johannesburg’schambers of commerce and industry to organise business seminars in the twocities. –VNA
VNA
