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You are here: Home / Mozambique could be gateway for Vietnamese firms to access southern Africa

Mozambique could be gateway for Vietnamese firms to access southern Africa

Movitel, the telecommunications network of Viettel in Mozambique. There is significant room for Viet Nam and Mozambique to increase trade and investment cooperation. — Photo vneconomy.vn Mozambique could act as a gateway for Vietnamese businesses to penetrate member countries of the Southern African Development Community (SADC), President of the Mozambican Assembly Esperanca Laurinda Francisco Nhiuane Bias said at a meeting with representatives of the Vietnamese business community in Ha Noi on Tuesday. Held by the Viet Nam Chamber of Commerce and Industry (VCCI) and the Mozambique Embassy in Viet Nam, as part of the President of the Assembly’s visit to Viet Nam, she called on Vietnamese enterprises to invest in tourism, mining, energy and agriculture, in which Mozambique has potential. She stressed the African nation had established a portal providing information for both private and state-owned firms to support investors. She suggested that Vietnamese and Mozambican businesses maximise the benefits offered by cooperation agreements reached by the two countries, and expressed her hope that after the meeting, more Vietnamese firms would come to operate in Mozambique. VCCI's Chairman Pham Tan Cong emphasised that apart from political ties, bilateral economic and trade relations had seen positive signs recently. During the 2020-2021… Read full this story

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