Vietnam promotes investment and trade in Algeria

10:49 | 02/08/2018 Investment

A delegation of the Embassy of Vietnam in Algeria, led by Ambassador Pham Quoc Tru, paid a working visit to Medea province, Algeria, on July 30.

A delegation of the Embassy of Vietnam in Algeria paid a working visit to Medea province on July 30 - Photo: VNA

On the occasion, the Vietnamese Embassy also coordinated with the Chamber of Commerce and Industry of Medea to hold a seminar to introduce the potential of cooperation, trade and investment between the two counties. The event was attended by over 50 local businesses in various fields such as trade, industry, agriculture and tourism.

Speaking at the seminar, Ambassador Tru emphasised that the two sides had great potential for cooperation in many fields from agriculture and industry to tourism, and expressed his belief that the two sides would strengthen their cooperation to contribute to raising the two-way trade in the future.

Businesses in the province expressed their wish to learn more about the Vietnamese market, especially investment procedures and Vietnam’s policies on import tax.

They stated that they expect to strengthen their cooperation with Vietnamese businesses to export key products, such as agricultural products (grapes, apples, olives, wine, and meat), pottery, textiles and footwear.

President of the Medea Chamber of Commerce and Industry, Benrekia Mohamed, called on Vietnamese businesses to increase their cooperation and investment in such fields as mining and the processing of agricultural products.

Theo NDO