Africa-Vietnam fashion trade ties yet to hit full potential: Vietrade
26 Apr 22 2 min read
The agency co-operated with Vietnamese trade offices in African countries to organise the 2022 Vietnam-Africa business matching webinar on fashion products recently.
Attended by 50 Vietnamese and African fashion businesses, the event was an activity to implement the National Programme on Trade Promotion this year to support Vietnamese enterprises in the production and trading of fashion products to promote advertising, seek partners, connect business opportunities and export to African markets.
Last year recorded a remarkable growth in trade turnover between the two sides. Vietnam's exports to Africa were worth $3.36 billion last year, up by 18.1 per cent compared to the 2020 figure. Exports from Africa to Vietnam reached $4.71 billion, up by 28.6 per cent compared to the 2020 figure.
The supply level in Vietnam for the African market only accounted for a very limited number and turnover, Tai was quoted as sating by Vietnamese media reports.
Fibre2Fashion News Desk (DS)
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