With the issuance of this policy, Nigerian businesses, unable to purchase foreign currency from the Nigerian central bank, to import from, have to balance themselves, or buy foreign currency at the free foreign exchange studios. This measure significantly limits the export of countries to Nigeria, including a number of key export items of Vietnam such as rice, vegetables, textiles - garments etc.

A list of 41 items is limited to imports into Nigeria,

Or at the following link: https: //www.cbn.gov.ng/out/2015/ted/ted.fem.fpc.gen.01.011.pdf

Vietnamese exporters should contact the Vietnam Cashew Association and Handicraft and Wood Industry Association, Ho Chi Minh City, and ask for information on imported cashew and raw material wood. import:

1) ASSOCIATION OF VIETNAM

Address: 135 Pasteur Street, Ward 6, District 3, Ho Chi Minh City. Ho Chi Minh

Tel: (028) 38242136 - Fax: (028) 38242138

Email: hiephoidieuvietnam@gmail.com; vietnamcashewassociation@gmail.com

www.facebook.com/hiephoidieuvietnam

http://www.vinacas.com.vn/

2) HANDICRAFTS AND WOOD PROCESSING HO CHI MINH CITY

185 Ly Chinh Thang Street, Ward 7, District 3, Ho Chi Minh City

Tel: 08 3526 4020 - Fax: 08 3526 4022

Hotline: +84 902 507 770 - Email: info@hawa.org.vn

www.hawa.org.vn; www.hawa.com.vn

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Recommendation of the Vietnam Trade Office in Nigeria:

1) Phishing in Nigeria in particular and Africa in general, occurs frequently. Ask domestic businesses not to transfer money first, in any way when the partner suggested. Examples are the cost of obtaining import-export permits, brokerage fees, attorneys fees, etc. (these are fraudulent forms);

2) Form of payment: If signing export-import contract, apply the form of "irrevocable L / C, At sight", not using the form of bar T / T, DA, DAP.

For more information, please contact:

Vietnam Trade Office in Nigeria: