• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Nigeria & Vietnam seeks enhance co-operation in trade and investment

Chris Pemu by Chris Pemu
December 4, 2017
in Business News
Nigeria & Vietnam seeks enhance co-operation in trade and investment

Deputy PM Vuong Dinh Hue (R) of Vietnam and Minister of Agriculture Audu Innocent Ogbeh

Share on FacebookShare on TwitterShare on Linkedin

Governments of Nigeria and Vietnam are seeking to enhance co-operation in trade and investment in view of  tapping significant potential between the both countries.

This was made known at the Vietnam-Nigeria Trade and Investment Forum in Ha Noi on Monday, Doan Duy Khuong, Vice Chairman of the Viet Nam Chamber of Commerce and Industry, said the two countries had significant room to boost co-operation. He said Viet Nam was entering a new development period in 2016-20 with a stable macro-economy, high gross domestic product growth rate and total trade revenue of US$359 billion.

Vietnam was an important gateway for Nigerian firms to penetrate other markets, especially ASEAN markets, and Nigeria was a potential market for Vietnam in Africa.

RelatedStories

Lagos emerges the world’s fastest-growing tech city in 2025 

Most expensive African countries to rent a home in 2025 

June 24, 2025
Independence day – Women, wealth, and the call for financial freedom 

Nigeria slips to 66th position in 2025 Global Startup Ecosystem Index  

May 31, 2025

Khuong said both countries had potential to boost co-operation in agriculture, agricultural processing, garments, mining and building materials.

Nigeria wanted to import products that were Vietnam’s strengths and Vietnam wanted to import raw materials for processing.

On his part, the President of the Nigeria-Vietnam Chamber of Commerce and Industry,Oye Akinsemoyin said  he expects both countries to further promote their co-operation in processing agricultural products.

It might interest you to know that trade revenue between Vietnam and Nigeria averaged more than $250 million during the past five years.

In 2016, bilateral trade reached $303.84 million, up by 23.8 per cent over the previous year.

Vietnam mainly exported ships, phones and components, garment and plastics, as well as chemicals, machinery and electronic products to Nigeria. While in return, Nigeria exports   cashew and wood to Vietnam.

About Vietnam

Vietnam is a South East Asian country with an estimated population of about 96 milllion. The country has an agrarian economy, and is the 5th largest rice exporter in the world.


Follow us for Breaking News and Market Intelligence.
Tags: investmentNews ReviewNigeriaTradeViet Nam
Chris Pemu

Chris Pemu

Christopher B. Pemu has a degree in Political Science from the University of Lagos. He joined Nairametrics in 2014 as News Editor and later as Managing Editor. He currently serves as the General Manager of Nairametrics. He takes pleasure in traveling, enjoys world politics and in sport, he loves watching football and tennis.

Related Posts

Lagos emerges the world’s fastest-growing tech city in 2025 
Hospitality & Travel

Most expensive African countries to rent a home in 2025 

June 24, 2025
Independence day – Women, wealth, and the call for financial freedom 
Sectors

Nigeria slips to 66th position in 2025 Global Startup Ecosystem Index  

May 31, 2025
“MPR Should Be Over 30%!” — Esili Eigbe Sparks Fire on Drinks and Mics
Digital Media

“MPR Should Be Over 30%!” — Esili Eigbe Sparks Fire on Drinks and Mics

May 31, 2025
How Nigeria Can Survive $30 Crude Oil Price — Drinks & Mics Panel Weighs In
Business News

How Nigeria Can Survive $30 Crude Oil Price — Drinks & Mics Panel Weighs In

May 10, 2025
Developing countries may likely bear the brunt of OPEC’s oil production cuts – IEA
Energy

Nigeria, Ivory Coast, and Mozambique set for 10 offshore drilling projects by 2027 

May 5, 2025
Why young Nigerians must consider investing in local and foreign stock markets
Financial Literacy

Investing in Nigerian Stock Market using the dividend strategy

May 2, 2025
Next Post
company-news

Corporate News roundup for the week ended December 2, 2017

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
nlng
first bank








DUNS

Recent News

  • IMF commendation sparks strong gains for Naira across parallel, official markets 
  • WHO pushes for 50% health tax hike on tobacco, alcohol, sugary drinks globally to curb chronic diseases
  • Tantalizers announces partnership to revive DBN TV, reveals plans to promote African storytelling 

Follow us on social media:

Recent News

IMF commendation sparks strong gains for Naira across parallel, official markets 

July 3, 2025
WHO,

WHO pushes for 50% health tax hike on tobacco, alcohol, sugary drinks globally to curb chronic diseases

July 3, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics