Vietnam funds assessment of Mozambique’s real agricultural potential

2 July 2014

Vietnam has decided to donate US$2 million to Mozambique to evaluate Mozambique’s real potential for food crop production, Mozambican daily newspaper Correio da Manhã reported.

Noting that the US$2 million covered the expanses of a programme that will be carried out over three year in a number of areas of the country, the newspaper said that at the beginning of the year Vietnam had sent six agricultural specialists to Mozambique to support the national food safety programme.

Beyond agriculture, education and communications, Vietnam is interested in diversifying its cooperation with Mozambique, which sees aquaculture and transport as strategic in its cooperation with Vietnam.

The sea transport sector, for example, is of capital importance as the country has such a large coastline, according to the Ministry for Planning and Development.

Mozambique’s third mobile phone operator, Movitel, is a partnership between Mozambican group SPI – Gestão e Investimentos (20 percent), Ivespar (10 percent), a subsidiary of the SPI group and Viettel (70 percent), which is 100 percent owned by the Vietnam Defence Ministry. (macauhub/MZ)