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Regardless of important development Vietnam-Africa bilateral ties lately, the commerce relationship between the 2 had not achieved its full potential, particularly within the style trade, in keeping with Le Hoang Tai, deputy director of the Vietnam Commerce Promotion Company (Vietrade). Many African companies and shoppers aren’t even conscious of Vietnamese style merchandise, he lamented.
The company co-operated with Vietnamese commerce workplaces in African international locations to organise the 2022 Vietnam-Africa enterprise matching webinar on style merchandise just lately.
Attended by 50 Vietnamese and African style companies, the occasion was an exercise to implement the Nationwide Programme on Commerce Promotion this yr to assist Vietnamese enterprises within the manufacturing and buying and selling of style merchandise to advertise promoting, search companions, join enterprise alternatives and export to African markets.
Regardless of important development Vietnam-Africa bilateral ties lately, the commerce relationship between the 2 had not achieved its full potential, particularly within the style trade, stated Le Hoang Tai, deputy director of the Vietnam Commerce Promotion Company.Many African companies and shoppers aren’t even conscious of Vietnamese style merchandise, he lamented.
Final yr recorded a outstanding development in commerce turnover between the 2 sides. Vietnam’s exports to Africa have been price $3.36 billion final yr, up by 18.1 per cent in comparison with the 2020 determine. Exports from Africa to Vietnam reached $4.71 billion, up by 28.6 per cent in comparison with the 2020 determine.
The provision stage in Vietnam for the African market solely accounted for a really restricted quantity and turnover, Tai was quoted as sating by Vietnamese media studies.
Fibre2Fashion Information Desk (DS)
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