Vietnam, South Africa to increase trade by 2020

(VOVWORLD) - A seminar called “Doing business with Vietnam 2018” was held in in Johannesburg, South Africa, on Tuesday as part of the Vietnamese efforts to promote trade at the South African International Trade Exhibition (SAITEX).
Vietnam, South Africa to increase trade by 2020 - ảnh 1 The Vietnamese trade promotion delegation works with South Africa’s Trade and Industry Ministry (Photo: Phi Hung/ VNA correspondent in South Africa)

Vietnamese Ambassador to South Africa Vu Van Dung said the event marks the 25th anniversary of diplomatic ties between the two countries.

Dung called attention to the target set by Deputy President Cyril Ramaphosa during his visit to Vietnam in 2016 to raise trade revenue to 1.5 billion by 2020.

Vietnam’s strengths - coffee, rice, garments, textiles, and construction materials – are being showcased at the trade fair. Known as the largest international trade exhibition for retail products in Africa, the three-day event has brought together 400 businesses from 36 countries.