Vietnam to invest in various sectors in Mozambique

Source: Pano feed

Vietnam is invited by Mozambique to invest in various sectors, where the government is offering incentives for foreign investors. According to Gamilied Munguambe, Mozambican ambassador to the nation, the nation has the opportunity to invest in sectors like agriculture, industrial production, infrastructures, finance/ banking, seafood processing, mining, and telecommunications, as well as avail incentives like preferential land use fee/tax and corporate income tax under the provisions of the country’s Investment Law.

The nation’s key exports to Mozambique are rice, cement, and electronic parts, while the country mainly imports raw cashew nuts and processed wood products. Both the nations are expected to sign agreements on investment protection and for avoiding double taxation in the near future.




Đăng ký: VietNam News

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