08:37 24/07/2021

Africa: Destination of potential but also risk

Africa is considered a diverse new export market of potential for Vietnam’s key products. Local businesses need to carefully study the market and legal regulations to avoid risks, however, and also adapt to the tastes and cultures of African consumers, who are primarily Moslems. Other difficulties include high import taxes in some African countries and the common occurrence of fraud.

Rice accounts for 20 per cent of export turnover between Vietnam and African countries.
Rice accounts for 20 per cent of export turnover between Vietnam and African countries.