Vietnam, Tanzania seek to increase investment cooperation
VOV.VN - Vietnam is willing to share with Tanzania its socio-economic development experiences and lessons, especially in attracting foreign investment and developing its key garment, footwear, and seafood industries.
Vietnamese Ambassador to Tanzania Nguyen Nam Tien made the statement during a working session with Tanzania’s Investment Minister Geoffrey Mwambe in Dar es Salaam city on August 10.
Tien suggested the two sides soon complete the legal framework for bilateral investment activities and set out orientations as well as some specific cooperation proposals between the two countries in agriculture, education and infrastructure.
In the context of the COVID-19 pandemic spreading far and wide, the two countries’ partners should maintain online meetings to share and exchange information and strengthen connectivity, he said.
For his part, Minister Mwambe voiced his support for Ambassador Tien’s cooperation proposals and affirmed Tanzania will continue to work alongside Vietnam to improve the legal framework for investment.
Mwambe highly appreciated the fact that Viettel-invested Halotel has provided telecom services, helping to boost socio-economic development in remote areas of Tanzania. He also expressed his desire to learn from Vietnam’s experience in developing the garment, footwear, rice, aquaculture and seafood processing industries.
Tanzania will act as a gateway for Vietnamese businesses to access the East African Community (EAC) market, the Southern African Development Community (SADC) market, and above all, the 55 African countries in the African Continental Free Trade Agreement (AfCFTA), said the minister.
