Pretoria (VNA) – Vietnamese Ambassador to South Africa Hoang Van Loi has led a
delegation of Vietnamese representative agencies in South Africa to attend a
seminar on ASEAN investment held by the Department of International Relations and Cooperation (DIRCO) of South Africa and the Northern Cape provincial government in Kimberley city.
This an initiative of the ASEAN Committee in Pretoria and is
the first seminar on ASEAN investment organised in a South African locality. It also opened a series of events to explore opportunities for investment and trade cooperation
between ASEAN member countries and South Africa in general and the Northern
Cape province in particular.
In
his speech, Ambassador Loi briefed participants on Vietnam’s socio-economic
development, major development orientations, as well as potential and
opportunities to strengthen economic, trade, investment and tourism relations
between Vietnam and South Africa.
He stressed Vietnam’s huge demand for importing raw materials and materials for production, especially
mining products such as coal and iron ores.
The development of clean energy sources is a potential area
between Vietnam and Northern Cape, the Vietnamese diplomat added.
Bilateral trade activities between Vietnam and South Africa will
be organised in the coming time, he said, noting that the embassy plans to arrange
a number of business delegations from Vietnam to South Africa to seek
cooperation opportunities in trade and investment.
Loi said the embassy and the Vietnam trade office in South
Africa will make every effort to connect business communities of the two
countries, and is ready to provide information and maximum support for South
African businesses in general and those in Northern Cape in particular in trade
cooperation with Vietnam, towards lifting the two-way trade to 2 billion USD
before 2025.
Meanwhile, Deputy Minister of…