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Nigeria, Vietnam Hold Business Meeting To Improve Bilateral Trade

by Harry Choms
October 25, 2024
in Business News
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Nigeria, Vietnam Hold Business Meeting To Improve Bilateral Trade
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The Embassy of the Socialist Republic of Vietnam, in collaboration with the Nigeria-Vietnam Economic, Trade, and Cultural Association (NVETCA), has announced that it will hold a high-level Round Table Business Meeting in Abuja on October 30, 2024, to improve bilateral trade and economic relations between the two countries.

The meeting, co-hosted by Vietnamese Ambassador H.E. Bui Quoc Hung and NVETCA Chairman Ambassador Sani Bako, will focus on expanding trade opportunities, particularly in agriculture, food processing, import and export, manufacturing, infrastructure, and information technology, according to 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”.

“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.

Tags: bilateral tradeFGNigeriaVietnam
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