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VIETNAM EYES MIDDLE EAST, AFRICAN MARKETS.
HCM CITY, Aug 1 Asia Pulse - The Middle East and African regions have the potential to develop economic, trade and industrial cooperation with Vietnam, a Trade and Industry Ministry official said.
At a seminar on trade and relations with the Middle East and Africa on July 31, Deputy Director of the African-West Asian-South Asian Market Department, Nguyen Cong Hien, also said Vietnam had fine diplomatic relations and signed many bilateral agreements and protocols with countries in the regions.
Last year, two-way trade turnover between Vietnam and the Middle East hit US$1.19 billion, while trade with African countries increased to more than US$1 billion, up from US$15.5 million in 1991.
Vietnam's exports to the two regions also increased, with US$700 million in exports to Middle Eastern countries last year, an annual rise of 17.2 per cent. In the same period, Vietnam earned US$684 million from exports to ...
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Source: HighBeam Research, VIETNAM EYES MIDDLE EAST, AFRICAN MARKETS.