The trip by the Embassy’s staff is part of a range of activities that are underway in an effort to promote greater economic diplomacy and expand both bilateral economic ties and trade relations following a long period of being hampered by the novel coronavirus (COVID-19) pandemic.
Within the trip’s framework, the delegation held working sessions alongside representatives of local policy advisory and business matching agencies, in addition to companies interested or experienced in doing business locally.
Both sides outlined their commitment to promoting co-operation and mutually supporting each other in sharing information about trade, exports, and connecting partners.
The two sides used the working visit to agree to co-ordinate to promote the signing of a memoranda of understanding (MoU) between the South African Chamber of Commerce, the Vietnamese Embassy and the Vietnam Chamber of Commerce and Industry (VCCI).
The Vietnamese delegation also held working sessions with representatives of Karoo Livestock Exports (KLE), a firm which specialises in exporting animal breeds. This is in addition to Rhodes Food Group (RFG) Group, who have vast experience in exporting canned foods and vegetables to the country, along with Reutech Radar Systems, a multi-sectoral business company.
Dao Manh Duc, commercial counsellor at the Vietnamese Embassy in South Africa, said the Vietnamese Trade Office will strive to intensify exchanges between the business community of each respective nation.
Most notably, South Africa represents the first and only country in Africa that Vietnam has established a partnership with for the purpose of co-operation and development. It also represents the nation’s largest trading partner throughout the continent.