PRETORIA — Việt Nam hopes to increase the exchange of economic information with South Africa and enhance connectivity between businesses of the two countries, the Vietnamese ambassador to South Africa has said. The Vietnamese diplomat believed Việt Nam and South Africa -- a large economy of Africa and the world -- hold great potential for stronger trade cooperation, with two-way trade reaching only US$1.2 billion in 2016. Durban is the largest port city in South Africa and a major container port of the southern hemisphere. It is an economic hub of South Africa with diverse sectors, including production, tourism, transportation, finance and import-export activities. It is one of the largest and most prestigious commerce and industry chambers of South Africa.

Source: Viet Nam News February 01, 2017 10:41 UTC