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 business confidence at 22-month high

Vietnam business confidence at 22-month high

It was a solid start to the year for the Vietnamese manufacturing sector as firms ramped up output in response to stronger new orders

02 Feb, 09:35 PM
Government orders ministries to ensure stable supplies and prices ahead of Tet

Government orders ministries to ensure stable supplies and prices ahead of Tet

Prime Minister Pham Minh Chinh has ordered ministries and local authorities to stabilize markets, secure essential goods and strengthen social welfare to ensure a smooth Lunar New Year holiday.

02 Feb, 03:24 PM
Vietnam Airlines posts record 2025 revenue as international travel fuels profit growth

Vietnam Airlines posts record 2025 revenue as international travel fuels profit growth

Vietnam Airlines reported the highest financial results in 2025, driven by rising international travel and operational efficiency, while outlining ambitious passenger and capacity expansion targets for 2026 amid continued recovery in the regional aviation market.

01 Feb, 09:06 AM
Hanoi poised to lead low-altitude space economy

Hanoi poised to lead low-altitude space economy

The low-altitude economy is not a distant vision but a reality already taking shape, bringing a rare opportunity for Hanoi to lead the next phase of urban technological transformation.

30 Jan, 05:36 PM
Vietnam, US to continue reciprocal tariff talks next week

Vietnam, US to continue reciprocal tariff talks next week

Vietnam has reaffirmed its willingness to facilitate greater access for US goods and companies as Hanoi and Washington prepare to hold the sixth round of negotiations on reciprocal tariffs.

30 Jan, 05:15 PM
Viettel Money added to national public service portal, expanding cashless government payments

Viettel Money added to national public service portal, expanding cashless government payments

Vietnam is expanding cashless public services as Viettel Money joins the National Public Service Portal, helping streamline administrative processing for both citizens and government agencies nationwide.

30 Jan, 04:15 PM
Vietnam’s online food delivery market jumps 19% in 2025 as duopoly tightens grip

Vietnam’s online food delivery market jumps 19% in 2025 as duopoly tightens grip

Rapid urbanization and app-based lifestyles are reshaping how Vietnamese consumers order meals, with food delivery platforms expanding quickly in 2025 amid rising competition, service innovation and growing reliance on digital channels for everyday dining across major cities.

29 Jan, 04:44 PM
Four competitive pillars shape HCMC-based international financial center vision

Four competitive pillars shape HCMC-based international financial center vision

Currently ranked 95th out of 120 cities in the Global Financial Centres Index, Ho Chi Minh City aims to reach the top 75 by 2035 and the top 50 by 2045.

29 Jan, 04:02 PM