Nigeria, Vietnam hold business meeting to improve bilateral trade

The Embassy of the Socialist Republic of Vietnam in collaboration with the Nigeria-Vietnam Economic, Trade and Cultural Association, (NVETCA) has revealed that it will be holding a high level Round Table Business Meeting on the 30th of October 2024 in Abuja to improve the bilateral trade and economic relation’s between the two countries. The meeting, […]

The Embassy of the Socialist Republic of Vietnam in collaboration with the Nigeria-Vietnam Economic, Trade and Cultural Association, (NVETCA) has revealed that it will be holding a high level Round Table Business Meeting on the 30th of October 2024 in Abuja to improve the bilateral trade and economic relation’s between the two countries.

The meeting, which is being co-hosted by the Vietnamese Ambassador H.E. Bui Quoc Hung and the Chairman of NVETCA, Ambassador Sani Bako, intends to focus on harnessing more trade areas, particularly in agriculture, food processing, import and export, manufacturing, infrastructure, and information technology, a statement by Wale Akintade, Director, Strategic Communications & Marketing

Nigeria-Vietnam Economic, Trade And Cultural Association (NVETCA) has said on Tuesday. 

According to the statement, “both countries now more than ever before need to harness their potentials with the view to finding more meaningful and deeper ways of forging mutually beneficial means of trade and collaboration”. 

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“Since Nigeria established diplomatic relations with Vietnam in 1976, trade has only centered around a few commodities and in a few sectors despite the huge potentials available for trade and economic growth between both countries”. he said.

According to Wale Akintade,the business round table presents a fantastic opportunity for economic growth and cooperation. Nigeria’s strengths in oil and gas and huge potentials in agriculture and manufacturing can complement Vietnam’s expertise in technology, textiles, and electronics.