Yemi Osinbajo, SAN, the vice president of Nigeria, will travel to the Socialist Republic of Vietnam on Saturday for a high-level bilateral meeting.
According to a statement signed by the VP’s Senior Special Assistant on Media and Publicity, Laolu Akande, Osinbajo is scheduled to meet with the President of Vietnam, Nguyễn Xuân Phúc; the Vice President, Madam Vo Thi Anh Xuan; the Prime Minister, Pham Minh Chinh, other government officials, and the business community.
The statement is titled ‘In high-level visit to Vietnam, Osinbajo to meet President, VP, Prime Minister, others.’
“The VP’s reciprocal visit to the South-East Asian nation will further strengthen trade and bilateral relations between both countries,” Akande noted.
Despite the fact that Nigeria and Vietnam have had diplomatic ties since 1976, Vice President Osinbajo would be the second senior government official from Nigeria to visit Vietnam after former President Olusegun Obasanjo.
The Vice President is scheduled to attend the signing of the Memorandum of Understanding and Agreements between Nigeria and Vietnam during his visit to the SRV. He will also engage in high-level diplomatic negotiations with his Vietnamese counterpart about other crucial topics, including trade, commerce, agriculture, technology, and innovation.
Prof. Osinbajo will also take part in a business forum hosted by the Vietnamese Chamber of Commerce with the goal of connecting businesspeople from the two nations.
Given the possibilities in agriculture and technology in Vietnam and Nigeria, discussions between the two nations would center on how their respective countries could profit from successful cooperation in these fields, strengthening their bilateral commerce and cordial connections.
Nigeria was urged to improve bilateral ties and trade in October 2019 by Vuong Hue, who was then Vietnam’s deputy prime minister.
Hue interacted with the Nigerian-Vietnam Business Association in addition to meeting with Prof. Osinbajo and other senior Nigerian government officials.
Senior Vietnamese government officials and businesses accompanied the Deputy Prime Minister to Nigeria at the time, and he remarked that Nigeria was Vietnam’s biggest trading partner in Africa.
Trade between the two nations was $280 million in 2014 and rose to more than $500 million in 2019.
The Vice President’s trip to Vietnam will come to an end on December 7, 2022.