Tinubu Eyes Stronger Trade, Investment Ties With Vietnam

By Adedapo Adesanya

President Bola Tinubu has committed Nigeria to deepen ties with Vietnam, particularly in trade, investment, energy, mining, resource sustainability, infrastructure and climate change action.

President Tinubu made the remarks at a meeting with Vietnamese Prime Minister, Mr Pham Minh Chinh, who was on an official visit to Nigeria to discuss the enhancement of bilateral cooperation between both nations.

The Nigerian leader said Vietnam had been a key partner of Nigeria in Southern Asia which underscored his eagerness to fortify the bonds between them, highlighting the significance of fostering economic, trade and investment ties, given the steady growth observed in their bilateral trade exchanges.

In his remarks, Mr Chinh, who extended his country’s President Luong Cuong’s invitation to President Tinubu to officially visit Vietnam, expressed appreciation for the warm welcome accorded to him.

He conveyed Vietnam’s eagerness to strengthen bilateral collaboration while acknowledging the two countries’ long-lasting friendly relations since 1976 when they established diplomatic ties.

The statement also said that both leaders reached an agreement which included commitment to boost bilateral trade and explore new avenues for collaboration, particularly in sustainable resource utilisation and climate change mitigation efforts.

According to the statement, Mr Chinh also had a meeting with the Director-General of the World Trade Organization (WTO), Mrs Ngozi Okonjo-Iweala, who has played a role in advancing free trade and economic progress in Africa.