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South Africa: The dti to Lead an Outward Selling Mission to Vietnam
Source: Issued by: Department of Trade and Industry
Source Date: Friday, March 28, 2014
Focus: Internet Governance
Country: South Africa
Created: Mar 28, 2014

"Vietnam has a fast expanding middle class, presenting opportunities to export food and wine. The authorities in that country have also moved to implement the structural reforms needed to modernise the economy and to produce more competitive export-driven industries," says Davies.
Minister Davies says sectors targeted for the mission are agro-processing, Information Communications Technology, capital equipment, aerospace and marine, and chemicals.
The programme for the Outward Selling Mission, which will be hosted in the city of Hanoi and Ho Chi Minh in Vietnam, will include trade seminars, business-to-business meetings and site visits.
The total trade between South Africa and Vietnam amounted to R1.2 billion and total value exports stood at R1.6 billion in 2013/14. The top export products from South Africa to Vietnam in 2012/13 were ferrous waste or scrap of iron or steel, aluminium plate, sheets and strip, and unwrought aluminium. Trade was in favour of Vietnam with a surplus of R7.9 billion.
Sidwell Medupe-Departmental Spokesperson
Tel: 012 394 1650
Cell: 079 492 1774
E-mail: MSMedupe@thedti.gov.za
Follow us on Twitter: @the_dti
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