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South Africa seeks more trade with Viet Nam

(VNA) - The South African Embassy in Viet Nam hosted a seminar in the southern city of Vung Tau on Mar. 21 to promote trade and investment with Viet Nam.

Representatives from 300 local enterprises were informed about South African investment policies, customs and immigration procedures, as well as advantages and difficulties in the two countries' trade relations.

First Secretary of the South African Embassy in Viet Nam Calvin Tshidavhu said his country is calling for investment in agriculture, footwear, services, banking, mining, steel production and the construction of transport infrastructure in which Vietnamese businesses have experiences.

Viet Nam and South Africa has long-term friendship relations. The two countries' commercial relations have grown quickly in recent years. Bilateral trade increased from zero in 1992 to 140 million USD in 2004, of which Viet Nam's exports to South Africa was nearly 60 million USD./.

 
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