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Trade with South Africa increases in 2012

Dec 28th at 13:10
28-12-2012 13:10:22+07:00

Trade with South Africa increases in 2012

Bilateral trade with South Africa reached US$750 million in 2012, with Viet Nam's exports to South Africa accounting for $630 million of the figure, 5 per cent over the target of $600 million set for the year. Leading export products included coffee, cashews, pepper, rice, garments, footwear and electronics.

The commercial counselor at the Vietnamese embassy in South Africa, Le Kinh Thang, said Vietnamese businesses could increase their market share in South Africa by promoting their products through exhibitions and fairs, and he advised them to keep in close contact with Viet Nam's trade offices before negotiating and signing any contracts in a foreign country.

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