Uganda, Vietnam seek to turn trade ties into investment and jobs

What the report says

Uganda and Vietnam are trying to convert a long-standing diplomatic relationship into more concrete business outcomes, according to the Nile Post, after a forum in Hanoi focused on trade, investment and technology partnerships. The Pearl of Africa Business Forum – Vietnam Chapter took place on August 12, 2026, and brought together more than 300 officials, business leaders and Ugandan community members, alongside public and private-sector representatives from both countries.

The discussions centered on growing trade in products such as coffee, cotton and meat from Uganda, while Vietnam supplies items including electronics, garments, cement clinker and animal feeds. Organizers said the talks also highlighted opportunities for Vietnamese manufacturers to use Uganda as a gateway to markets in East Africa under the African Continental Free Trade Area. In addition, the forum examined investment prospects in agro-processing, manufacturing, minerals, oil and gas, pharmaceuticals, renewable energy and tourism.

The report said Uganda’s side wants practical partnerships that can create jobs and keep more value added locally, especially in coffee. Vietnam, for its part, signaled interest in combining its technology and industrial experience with Uganda’s land, resources and market access. Officials also discussed digital payments, agricultural technology and a business process outsourcing pilot, and agreed to develop two ICT pilot proposals within 90 days. The countries also signed a coffee value chain development agreement, though officials stressed that its value will be judged by benefits to farmers. More generally, such forums are often used to turn diplomatic ties into commercial links, but the article presents this one as a push for specific projects and investment rather than broad statements of intent.