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 Tanzania |  Vietnam |
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Tanzania–Vietnam relations arebilateral relations betweenTanzania andVietnam. Vietnam and Tanzania set up diplomatic relations in 1965.[1] Vietnam maintains an embassy inDar es Salaam which is mandated to serve all of East Africa. Tanzania does not have an embassy in Vietnam, and the embassy inBeijing is accredited to Vietnam.[2]
Trade volume between the two countries in 2014 was around $156 million, with Vietnam exporting over $105 million worth of goods to Tanzania. Main exports from Vietnam to Tanzania includecement clinker and rice. Tanzania is the second largest buyer of Vietnamese rice afterPhilippines.[1]
In 2015, the trade volume between the two countries rose to $205 million with the rise in exports from Tanzania. Vietnam is the second largest buyer ofTanzanian cashew nuts and third largest buyer of raw cotton.[3]
Halotel is currently the only Vietnamese firm operating in Tanzania with a $700 million initial investment. The state owned firm promised to provide telecom services in rural areas and was granted an operating licence when presidentKikwete made a state visit to Vietnam in 2014.[4]
Along with the presidentTrương Tấn Sang in March 2016, various Vietnamese businessmen accompanied the president to examine the investment atmosphere in Tanzania. The investors examined the special export processing zones in Tanzania and hope to make Tanzania a gateway for Vietnamese products into East Africa.[5]
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