Home breadcru News breadcru Association/Org breadcru South Africa is an economic 'locomotive' market says Vietnam

South Africa is an economic 'locomotive' market says Vietnam

26 Aug '05
6 min read

Vietnam sees good advantages in exporting to South Africa because South Africa's imports are mainly major exports of Vietnam such as rice, coal, seafood, footwear, fine arts products, electronic products. Meanwhile, Vietnam can also import some key items from South Africa like steels, machinery and chemicals.

To boost economic and trade ties in the coming time, Vietnam has intensified exchanges between its senior officials, ministries, branches, associations, chambers of commerce and industry with South Africa. Besides, Vietnam has also promoted market researches and information provision about African market, products, trade barriers and solutions for enterprises of the two countries.

Vietnam has also accelerated trade promotion activities in South Africa, enlisting it as a focal market, sending Vietnamese enterprises to take part in trade fairs and exhibitions there, organising conferences and meetings for enterprises of the two countries.

Vietnam also supports its enterprises to do business in South Africa where Vietnamese Embassy and Commercial Chamber in South Africa will actively help enterprises to approach South African market in the forms of representative and branch establishment. They will conduct enterprises to process procedures, seek suitable locations and map out business lines.

VietNam Chamber of Commerce and Industry

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!