The Vietnamese Government has announced that it welcomes and facilitate cooperations between Vietnamese and Japanese businesses in Mozambique to help with local development in the African Country.
Le Huy Hoang, The Vietnamese Ambassador to Mozambique while speaking at a seminar in Maputo on October 9, stated this while discussing ways through which there can be improved economic and investment partnerships between Vietnamese and Japanese firms in the African nation.

The seminar had in attendance representatives of the Japanese bioenergy firm NBF, the Japanese-invested agricultural development company in Mozambique ADM, Movitel – a telecom joint venture of Vietnam’s military-run telecom group Viettel in Mozambique, and many other Vietnamese businesses.

Hoang congratulated Movitel and ADM on their recent successful partnership and being chosen by the World Bank to carry out three projects on improving the life quality and financial access for the poor in remote areas of Mozambique.

The ambassador added that the Vietnamese and Japanese governments have been encouraging cooperation between businesses and relevant agencies in their countries to assist Mozambique in promoting socio-economic development.

He briefed attendees on the success of the collaboration of Vietnam and Japan in Mozambique, including implementing a trilateral project to help the people of Mozambican improve rice productivity.

Movitel and ADM are currently carrying out a World Bank project in Nampula province. The project is aimed at providing financial transaction services to 100,000 local low-income houses. So far there is a monthly transaction of over 1 million USD.

Culled from en.vietnamplus.vn