Maputo (VNA) – Over 100 representatives ofVietnamese and Mozambican businesses gathered at a forum in Maputo on June 26to seek stronger links in trade, investment and tourism between the twocountries.

Vietnamese Ambassador to Mozambique Le Huy Hoangsaid the Vietnamese Government is committed to continued support of the twocountries’ businesses to reinforce partnership and capitalise on theirpotential and advantages.

Meanwhile, Director of the Hanoi Department ofIndustry and Trade Le Hong Thang introduced advantages of the Vietnamesecapital city, including favourable policies, transport infrastructure and humanresources. He also highlighted the municipal authorities’ resolve to assist foreignenterprises to engage in economic, investment and trade cooperation.

Mozambican Deputy Minister of Industry and TradeJulio Joao Pio reviewed the recent strides in bilateral relations, includingthe fruitful investment of Movitel – a joint venture worth over 600 million USDof the Vietnamese military-run telecom group Viettel in the African nation.

He called on the two countries to bolstereconomic, trade and investment ties, encouraging Vietnamese firms, includingthose from Hanoi, to invest in potential fields in his country likeagriculture, farm produce processing and mining.

For his part, Director of the Mozambique Chamberof Commerce and Industry Arlindo Duarte said he hopes to continue serving as abridge helping businesses to boost substantive cooperation for the sake of bothcountries.

At the forum, Ambassador Hoang and Hanoicompanies presented economic, trade, investment and tourism potential ofVietnam in general and the city in particular, along with policies supportingbilateral trade and investment activities.

They also introduced Vietnamese goods that arein demand in Mozambique like agricultural products, handicrafts, apparel, woodproducts and building materials. Famous cultural and historical sites ofVietnam were also promoted to attract more visitors from Mozambique and neighbouringcountries.

Also at the event, Vietnamese and Mozambiquebusinesses engaged in B2B activities to explore partnership opportunities. Manyof them expressed their hope that the countries will soon sign a doubletaxation avoidance agreement and financial-banking deals to help protectlegitimate rights of enterprises.-VNA