The Nigeria-Vietnam Economic, Trade and Cultural Association says it is partnering with the embassy of the Socialist Republic of Vietnam to hold a high-level roundtable business meeting in Abuja on October 30.According to a statement by Wale Akintade, NVETCA director of strategic communications and marketing, the meeting — which will be co-hosted by Bui Quoc Hung, Vietnamese ambassador to Nigeria, and Sani Bako, the chairman of NVETCA — intends to focus on harnessing more trade areas.
“Since Nigeria established diplomatic relations with Vietnam in 1976, trade has only centered around a few commodities and in a few sectors despite the huge potentials available for trade and economic growth between both countries. According to the NVETCA spokesperson, the meeting will strengthen key areas such as “agricultural trade, where Nigeria can export cashews, cocoa, and other products to Vietnam, while importing machinery, technology and the exchange of agricultural experts to boost local production and processing of these”.