(VOVworld) - President Truong Tan Sang and Tanzanian Prime Minister Kassim Majaliwa attended a Vietnam – Tanzania business forum in Dar Es Salaam city on Wednesday.

President Sang said Vietnam’s economic policy encourages cooperation with Tanzania and other African countries (VOV)

Prime Minister Kassim Majaliwa said Tanzania is implementing administrative reforms and loosening policies to attract investment, particularly in agriculture.
He said he hopes Vietnamese businesses will increase investment in cashew nuts, palm oil, leather, milk cow raising, energy, tourism, and telecommunications. Majaliwa said Tanzania will continue to facilitate Vietnamese businesses and foreign businesses in investing in Tanzania.
President Truong Tan Sang said when Vietnam’s FTA come into force in 2018, Vietnam will be a gateway to a market of 4 billion consumers with a GDP of 70 trillion USD.
He said Vietnam’s economic policy encourages cooperation with Tanzania and other African countries: "I appreciate the idea of the forum is to create consensus among businesses. With fine political ties and great potential for cooperation, I believe Vietnam and Tanzania will connect markets in East Asia and East Africa. There are potentials that have not been exploited effectively and I’m looking forward to more concrete actions between the two countries for future achievements."