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Vietnam, South Africa should further bolster economic ties: Diplomat

Vietnam and South Africa should further tap their economic cooperation potential to make their economic partnership match the sound bilateral political relations, said Vietnamese Ambassador to South Africa Hoang Sy Cuong in an interview granted to Vietnam News Agency.
Vietnam, South Africa should further bolster economic ties: Diplomat ảnh 1Vietnamese Vice President Vo Thi Anh Xuan (L) meets with South African Vice President Paul Mashatile in Pretoria on September 15, 2023 (Photo: VNA)
Pretoria (VNA) - Vietnam and South Africa should further tap their economic cooperation potential to make their economic partnership matchthe sound bilateral political relations, said Vietnamese Ambassador to SouthAfrica Hoang Sy Cuong in an interview granted to Vietnam News Agency.

The diplomat said that the two sides should promotecollaboration in areas of each other’s strengths and demand such as mining, agriculture,energy, education-training, trade, logistics, and finance-banking, as well asnew areas such as digital transformation and green economy.

He suggested that in the immediate future, the two countries should continue to create favourable conditions for their goods to access each other’s market, while generating more chances for businesses ofthe two countries to meet and strengthen investment cooperation.

At the same time, Vietnam and South Africa should continueto enhance the efficiency of the Inter-Governmental Forum, the Joint Committeeand other cooperation mechanisms, while paying special attention to reviewing,updating, negotiating and signing bilateral cooperation agreements across allfields, he said.
Besides, the diplomat said two countries should increase delegation exchanges through all levels, while promoting their coordination at multilateral forums, especially the UN, the Non-Aligned Movement, and South-South Cooperation, thus reinforcing political trust.
Cuong also underlined the need to bolsterlocality-to-locality cooperation, as well as partnership in tourism, cultureand people-to-people exchange.

Vietnam, South Africa should further bolster economic ties: Diplomat ảnh 2Vietnamese Ambassador to South Africa Hoang Sy Cuong (Photo: VNA)
Looking back on the Vietnam-South Africa ties over the pastthree decades, the diplomat said that the bilateral relations have been reinforcedand become more substantial and effective.

After COVID-19 pandemic, ties between the two countries havebeen promoted through the Party, State and people-to-people channels and at alllevels, Cuong said, highlighting Vietnamese Vice President Vo Thi Anh Xuan’s visit to SouthAfrica in mid-September and the Vietnam visit by South African Vice President PaulMashatile in mid-December this year.

South Africa has been the largest trade partner of Vietnam in Africa, andbilateral cooperation in defence-security, science-technology and innovation,education-training, justice, tourism, wildlife management and biodiversity, andwildlife trafficking prevention and control have been fruitful.

Vietnam and South Africa have maintained close coordination andmutual support at multilateral forums. Vietnam has supported South Africa tobecome a dialogue partner of ASEAN, while South Africa assisted Vietnam in actingas an observer at the African Union. This year, when South Africa serves as theBRICS President, Vietnam was among few countries invited to the BRICS Summit.

To date, South Africa is the only African country sharing apartnership for cooperation and development with Vietnam, said the Ambassador.

He also highlighted a number of activities that Vietnam andSouth Africa have conducted to celebrate the 30th anniversary thebilateral ties, including those in trade and investment. Particularly, thefirst-ever Vietnam Day in South Africa which comprises a Vietnam-South AfricaBusiness Forum, as well as the first ASEAN Film Festival and Vietnamese Day ofPho (rice noodle) were held in South Africa, introducing to local friends a dynamic, hospitable nation of Vietnam with uniqueculture.

The activities created new impetus for the elevation of bilateralties to a new height, Cuong underscored./.
VNA

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