Đăng ký: VietNam News
 (CPV) – Total bilateral trade turnover between Vietnam and South Africa reached an estimated USD962 million in 2014, a nearly 5% rise from the previous year, according to the latest statistics of Commercial Affair of the Vietnamese Embassy in South Africa. The figure included USD815 million from Vietnam’s exports to South Africa while imports from the market to Vietnam were worth USD147 million. Vietnam mainly exported mobile phones and their components, footwear, cement, computer, coffee, machinery and its equipment, garments and textiles, rice, pepper, cashews and wood and wooden products to South Africa. Among Vietnam’s export commodities to the market, coffee enjoyed the fastest growth of 71% (making up 18% of market share), followed by footwear at 7% (12.5%). However, mobile phones and their components, which often hold the biggest export value of Vietnam’s export commodity structure, decreased 7% because its South African smartphone market saw signs of balance between supply and demand. Vietnam Trade Counsellor in South Africa, Nguyen Hong Tien said that South Africa plans to invest an additional USD400 billion in building infrastructure in the coming 15 years. This is considered as a good chance for Vietnam to promote exports, especially cement products. Regarding imports, the country mainly imported mineral products, wood, cotton and iron and scrap metal. In 2014, due to a slowdown in the domestic real estate market, waste steel imports from South Africa dipped sharply by 38%. Mrs. Tien said the economic development forecast for both countries in 2015 was positive. The Vietnamese Government aims for GDP growth to reach 6.2 %, higher than the previous year’s 5.98%. South Africa has predicted growth of 2.6 percent, nearly double 2013’s figure. She added that the Vietnamese Government pays attention to enhancing ties with Africa and the acceleration of diplomatic and trade promotion activities in 2015 would create favourable conditions for boosting bilateral trade between the two countries./. |