14TH NATIONAL CONGRESS OF THE COMMUNIST PARTY OF VIETNAM
Log in
Business

Strengthening trade tie between Vietnam and South Africa

  • B
Apr 03, 2014 / 05:21 PM

Sixteen South African businesses have shown interests in establishing partnership with Vietnamese partners in the fields of food, beverage, chemicals, information technology and machinery.

They attended a Viet Nam-South Africa trade and investment promotion conference in Ho Chi Minh City on March 27 by the Viet Nam Chamber of Commerce and Industry.

South Africa ranks first among the 10 African crucial export markets of Viet Nam with two-way trade turnover hitting nearly US$920 million in 2013, a year-on-year increase of 27%. 

Viet Nam mainly exports footwear, garment, coffee, rice, cashew, seafood, computers, electronics and accessories and imports iron and steel, metal, chemical substances, cotton, fibers and wine from South Africa.

Appraising the two nations’ trade relations, Kenneth Malatsi, a representative from the South African Department of Trade and Industry hopes that the two sides will strengthen their affiliation in potential fields in the future.

Reactions:
Share:
Trending
Most Viewed
Vietnam commits 3% budget to turbocharge AI and data economy

Vietnam commits 3% budget to turbocharge AI and data economy

At least 3% of state budget spending will fund digital transformation, accelerating Vietnam’s shift toward a data-driven and AI-powered economy.

26 Feb, 02:46 PM
From labor-intensive to high-tech: Hanoi retrains for global edge

From labor-intensive to high-tech: Hanoi retrains for global edge

Raising the skill standards of high-tech workers is emerging as a decisive factor in strengthening Hanoi’s competitiveness as the capital accelerates its shift toward a knowledge-based industrial economy.

26 Feb, 09:28 AM
Hanoi craft villages resume production early, aiming for growth in 2026

Hanoi craft villages resume production early, aiming for growth in 2026

After the Lunar New Year break, Hanoi’s traditional craft villages have quickly resumed production, fulfilled orders and prepared for new markets while blending heritage craftsmanship with modern technology to strengthen competitiveness and sustain growth in 2026.

24 Feb, 02:58 PM
Vietnam stock market poised for post-Tet gains

Vietnam stock market poised for post-Tet gains

The post-Tet period often presents attractive opportunities for investors in the following months.

23 Feb, 02:24 PM
Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Spring Fair draws 500,000 visits, elevates Vietnamese brands nationwide

Drawing large crowds and strong commercial momentum, the 2026 Spring Fair turned Hanoi into a vibrant showcase of Vietnamese products, culture and innovation, where shopping met heritage experiences and businesses forged valuable partnerships.

14 Feb, 06:58 PM
Firms seek clearer policy framework for new tech, digital platforms

Firms seek clearer policy framework for new tech, digital platforms

Hanoi’s tech firms are calling for clearer demand mechanisms and transparent evaluation as the city pilots its Technology Exchange and Digital Transformation Market to boost commercialization, innovation and digital growth.

13 Feb, 10:17 PM
Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

Vietnam Airlines to open first nonstop Hanoi-Amsterdam route to enhance Europe ties

The move aims to open a new gateway to Europe and advance the national flag carrier’s strategy to expand its European network.

12 Feb, 10:47 PM
Vietnamese goods reach rural areas through Tet fairs

Vietnamese goods reach rural areas through Tet fairs

Hanoi is intensifying communication and outreach for the “Vietnamese people prioritize using Vietnamese goods” campaign to boost consumption ahead of Tet, the country’s most important holiday.

11 Feb, 11:00 PM