Prime Minister Nguyen Xuan Phuc (sixth from left) and Tanzanian delegation at the function (Source: VNA)
Talking to
Minister for Industry, Trade and Investment, Charles J. Mwijage and Minister
for Agriculture, Livestock and Fisheries, Charles J. Tizeba, he lauded
Tanzania’s maintenance of an average economic growth rate of over 6 percent
during the past decade and expressed his wish that the country will successfully
realise the targets set in its Vision 2025.
He thanked
Tanzania for supporting Vietnam’s struggle for national liberation in the past
and for facilitating the investment and business activities of Vietnamese
firms, including Halotel – a joint venture of Vietnam’s military-run
telecommunications group Viettel with Tanzania.
Minister
Mwijage said the two countries’ cooperation is developing strongly, as seen in
their economic ties and business-to-business partnerships.
He highly
valued Vietnam’s expansion in cooperation with African nations, including
Tanzania – one of the fastest growing economies in Africa, over the last
decade, due to strong economic reforms.
He called
on Vietnamese enterprises to invest in apparel, footwear, vegetable, plant oil
and cement production in his country’s economic and industrial zones.
Congratulating
Tanzania on its economic achievements, PM Phuc promised that the Vietnamese
Government will step up providing businesses with information concerning export
processing and special economic zones of Tanzania, so that they can consider
investment in agricultural and aquatic product processing, electronic products,
consumer goods, garment and footwear.
Vietnam is
ready to supply goods with high quality and competitive prices in order to meet
Tanzania’s demand, he noted.
To fuel the
bilateral trade and investment relations, he asked that both sides promptly
conclude negotiations for the signing of a double-taxation avoidance agreement
and another on investment encouragement and protection.
The PM
asked the African nation to facilitate the licensing of Vietnamese workers at
Halotel while ensuring security and protecting the assets of Vietnamese firms
in the country.
Vietnamese
and Tanzanian businesses should also boost connectivity and trade activities to
raise the bilateral trade to US$1 billion in the near future, he added.
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