Vinachem aims to expand exports of fertilisers, tyres, detergents, batteries and high-purity chemicals to South Africa and the wider African market, while seeking reliable supplies of phosphate ore and coal for domestic production.
Despite the geographical distance, bilateral trade between South Africa and Viet Nam has increased from US$658 million in 2010 to more than $1 billion in 2018.
HCM City wants to enhance co-operation with South Africa in trade, investment, education, science and technology, hi-tech agriculture and other spheres, according to its Department of Foreign Affairs.
