Skip to main content

Vietnam plans more rice exportation to Nigeria

Bags of rice

Bags of rice

Mr Ngo Hoan, Deputy Director-General at the Vietnam Ministry of Industry and Trade, on Monday announced the Vietnamese government’s plan to facilitate rice exportation to Nigeria.

Ngo told said on the sidelines of a Vietnam/Nigeria Business Forum in Lagos that his government and the Nigerian authorities were already discussing the proposal.

The Ministry’s deputy director-general of South West Asia and Africa Market Department said that more Vietnamese companies were becoming interested in Nigeria’s big market for their products.

“The Vietnamese government is currently working on improving the legal framework for strengthening business cooperation between Nigeria and Vietnam.

“More importantly, we are currently working on the possibility of signing a Memorandum of Understanding (MoU) with Nigeria on rice trade into the Nigerian markets.

“If this MoU is signed, Vietnam hopes to become the stable supplier of rice at reasonable prices to Nigerians,’’ he said.

Ngo said that the Vietnamese government had already signed such rice supply MoUs with the Philippines and many African countries.

The Vietnamese government official said that he led a delegation of 18 Vietnamese companies to Lagos for the companies to study the Nigerian market and interact with the Nigerian business community.

“This delegation of 18 Vietnamese companies to Lagos is meant to facilitate trade transactions between Nigeria and Vietnam in the years ahead.

“We need to organise more frequently, many more of such different trade delegations between our two countries in the future,’’ he added.

Labels:

Comments

Post a Comment

Popular posts from this blog

Court grants Fani-Kayode N50m bail

Fani-kayode sandwiched by EFCC officials Justice James Tsoho of the Federal High Court Abuja on Thursday granted a N50m bail to former spokesman of the Goodluck Jonathan Campaign Organisation, Chief Femi Fani-Kayode. Fani-Kayode was arraigned by the Economic and Financial Crimes Commission (EFCC) on a five-count charge of money laundering to the tune of N26m. Fani-Kayode is the sole defendant in the fresh charges numbered, FHC/ABJ/CR/140/2016. The EFCC accused the defendant of diverting 26 million Naira allegedly received from the ONSA while Sambo Dasuki was in office. The anti-graft agency also accused him of handling the said N26 million without going through financial institution as required under the Money Laundering Act. The embattled former minister is already facing 17-count charge of money laundering before the Lagos Division of the court, along with a former Finance Minister; Nenadi Usman, Danjuma Yusuf and a firm; Joint Trust Dimension Nigeria Limited. They were charg
Post a Comment
Read more

FG berates US congressman over comment

Lai Mohammed, Minister of Information and Culture Photo: Femi Ipaye/PM News The Federal Government has described as sadly out of tune with reality the published letter from US Congressman Tom Marino to Secretary of State John Kerry, asking the US to withhold security assistance to Nigeria on the strength of some imaginary infraction by the Buhari Administration. In a statement issued in Abuja on Sunday, the Minister of Information and Culture, Alhaji Lai Mohammed, said Congressman Marino was poorly informed about the issues he commented on, wondering why he did not take the pains to get first hand information from the US Embassy in Nigeria or any other credible source before engaging in what is nothing but a ‘propaganda of his own imagination’. The Minister said by asking the US to refrain from selling warplanes and other military equipment to Nigeria based on a faulty premise, the Congressman has demonstrated a poor understanding of global security issues. ”Insecurity anywhere i
Post a Comment
Read more

Aubameyang leads Gabon to Nations Cup

Pierre-Emerick Aubameyang Pierre-Emerick Aubameyang leads the cast for Gabon as the hosts became the first team to name their final 2017 Africa Cup of Nations squad. The team captain and Borussia Dortmund star will lead the home players out for the opening game of the tournament against debutants Guinea-Bissau on 14 January in Libreville. Gabon have also named Sunderland midfielder Didier Ndong despite the player being left out of November’s World Cup qualifier in Mali. Ndong was in the capital city Libreville but failed to turn up for international duty ahead of the Mali game last month, forcing the Gabonese Football Federation [Fegafoot] to send him back to England. But a remorseful Ndong, who held clear-the-air talks with Fegafoot has been included in a 23-man Panthers squad. Other names to make the final party include Juventus midfielder Mario Lemina, Bruno Ecuélé Manga of Cardiff City and China-based striker Malick Evouna. Gabon coach José Antonio Camacho included three do
Post a Comment
Read more