 Business and trade between Nigeria and Vietnam has seen significant growth in the last decade, with bilateral trade volumes rising from $280 million in 2014 to about $700 million in 2022. This was disclosed by the President of the Lagos Chamber of Commerce and Industry Michael Lauerley called at the Nigeria-Vietnam Business Forum. Plus, the new correspondent, Lav Ekokoye, who tells us more in this report. The Nigeria-Vietnam Business Forum, it creates an avenue for both countries to push areas of comparative advantage forward. Discussions are geared towards deepening existing relationships, building robust business interaction, partnerships, and meeting new investors. Michael Lauerley Cole is the president of the Lagos Chamber of Commerce and Industry. He discloses that Nigeria's trade with Vietnam accounts for almost 10 percent of its total volume with Africa. This says is a clear reflection of Nigeria's position as one of the biggest trading partners with Vietnam and the largest economy in the continent. Vietnam enterprises need to explore more opportunities because now these are the best of times for Vietnam. We now in a government that is very, very determined to grow economy. The ACCI boars who hold strongly that private sector is synchronized to trade development believe that business and trade between both countries have seen significant growth in the last decade. From this forum, we have led on a remarkable journey of trade, commerce, and bilateral cooperation that has catalyzed the relationship between our two countries. The Ambassador is tri-ordinary of Vietnam, boo-hoo, is happy other business relationships between Nigeria and its country. He tells Ogadrin that infrastructure between Nigeria and Vietnam are not competitive but complementary. This year, the trade value turnover between our two countries reached nearly 500 million U.S. dollars, which has been very, very moderate, which Vietnam exports to Nigeria reaching 150 million dollars and imports from Vietnam, sorry, imports from Nigeria reaching more than 300 million U.S. dollars. Hong expressed worries over insecurity in Nigeria. His stress is a need for both countries to create favorable conditions for business communities. Business environment in Nigeria, I think, is getting better and better. But to the Vietnamese businessmen, I think they are still reluctant because the first thing is the security. Here, the security situation is still in a very, very not-so-good condition. Some participants speak on their take-home from the forum. You know, this sort of forum provides information for Nigerians about Vietnam, what they can do in Vietnam. And it also provides information for Vietnamese in Nigeria. The Nigerians will know what to do in Vietnam. I think this sort of interaction should be encouraged. Being found will not be defined because what the ambassador was telling us today was very interesting. He was telling us about the integrity of what opportunities one can explore in Vietnam. In 2022, Nigeria and Vietnam agreed to strengthen bilateral relations, particularly in the areas of digital economy, telecommunications, agriculture, especially cashew nut processing and trade among others. Love Ikuku Uyidoku plus TV News.