Vietnam and South Africa to enhance economic and trade links
FRESHPLAZA / 17 OCTOBER 2019 - 13.49 / STAFF REPORTER
On October 16, the Vietnam – South Africa joint trade sub-committee convened a fourth session in Hanoi to seek ways to bolster bilateral economic and trade partnerships. Vietnamese Deputy Minister of Industry and Trade Cao Quoc Hung said the two countries share many similarities in agricultural production, but they still have their own strengths that are complementary to each other.
The Deputy Minister suggested both sides increase cooperation in the trading of agricultural products, calling on South Africa to soon open its market for Vietnam’s farm produce such as processed chicken, honey, dairy products, dragon fruit, lychee, longan, rambutan and star apple.
Hung also asked South Africa to facilitate the distribution of Vietnamese agricultural and aquatic products through its multinational supermarket chains like Makro, Metro and Woolworth, and its domestic supermarket systems like Spar, Checkers and Supespa.
Additionally, the official asked the two countries to enhance ties in supporting industries, energy and small- and medium-sized enterprise development, as well as within multilateral trade frameworks.
Disclaimer - The views expressed here are not necessarily those of the BEE CHAMBER