Prime Minister Nguyen Xuan Phuc (R) welcomes Tanzanian Minister for Industry, Trade and Investment Charles J. Mwijage in Hanoi on August 2 (Photo: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc
voiced his hope for stronger trade and investment ties between Vietnam and
Tanzania while receiving two ministers from the African country in Hanoi on
August 2.
Talking to Minister for Industry, Trade and
Investment Charles J. Mwijage and Minister for Agriculture, Livestock and
Fisheries Charles J. Tizeba, he lauded Tanzania’s maintenance of an average
economic growth rate of over 6 percent during the past decade and wished that
the country will successfully realise the targets set in its Vision 2025.
He thanked Tanzania for supporting Vietnam’s
struggle for national liberation in the past and facilitating investment and
business activities of Vietnamese firms, including Halotel – a joint venture of
Vietnam’s military-run telecommunications group Viettel with Tanzania.
Minister Mwijage said the two countries’
cooperation is developing strongly as seen in economic ties and
business-to-business partnership.
He highly valued Vietnam’s expansion of
cooperation with African nations, including Tanzania – one of the fastest
growing economies in Africa over the last decade thanks to strong economic
reforms.
He called on Vietnamese enterprises to invest in
apparel, footwear, vegetable, plant oil and cement production in his country’s
economic and industrial zones.
[Tanzanian President pledges favorable conditions for Vietnamese investors]
Congratulating Tanzania on its economic
achievements, PM Phuc promised the Vietnamese Government will step up providing
businesses with information about export processing and special economic zones
of Tanzania so that they can consider investment in agricultural and aquatic
product processing, and electronic products, consumer goods, garment and
footwear there.
Vietnam is ready to supply goods with high
quality and competitive prices for Tanzania to meet its demand, he noted.
To fuel bilateral trade and investment
relations, he asked both sides to soon conclude negotiations for the signing of
a double-taxation avoidance agreement and another on investment encouragement
and protection.
The PM asked the African nation to facilitate
the licensing of Vietnamese workers at Halotel while ensuring security and
protecting assets of Vietnamese firms in the country.
Vietnamese and Tanzanian businesses should also
boost connectivity and trade activities to raise bilateral trade to 1 billion
USD in the near future, he added.-VNA