Vietnam promotes trade, investment in Algeria

Update: 13:46 | 20/06/2018
The Vietnamese Embassy in Algeria has held a three-day trade and investment promotion programme in Algeria’s western province of Mostaganem, a locality with strength of tourism, maritime services and agriculture.  
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On the framework of the programme, on June 17, Ambassador to Algeria Pham Quoc Tru attended a conference with the participation of 50 enterprises operating in different areas, mostly in tourism and agriculture.

vietnam promotes trade investment in algeria
Overview of Ambassador Pham Quoc Tru''s working session with Governor of Mostaganem Mohamed Abdenour Rabhi (Photo: VNA)

The Ambassador introduced to local firms major socio-economic achievements of Vietnam as well as the country’s economic strength and sectors with potential for cooperation, especially tourism, services and agriculture.

The diplomat answered questions raised by participating enterprises on procedures related to trade and investment in Vietnam.

Ambassador Tru invited Mostaganem firms to attend a tourism promotion conference between Vietnam and Algeria, which is slated for Algiers in September this year.

He also called on the firms to engage in trade fairs and conferences on diverse areas such as tourism, aquaculture and agriculture to be held in Vietnam in the rest of the year.

At the event, many enterprises showed their interest in strengthening trade and investment cooperation with their Vietnamese peers, while expressing their hope that Vietnam will create favourable conditions for them in accessing the Vietnamese market.

Ambassador Tru affirmed that the Vietnamese Embassy in Algeria will create optimal conditions for Algerian enterprises in approaching the market of Vietnam as well as in bolstering trade exchange between businesses of both sides.

On June 18, the ambassador and the Vietnamese delegation had a working session with Governor of Mostaganem Mohamed Abdenour Rabhi.

The two sides highlighted the sound traditional friendship and partnership between the two countries, sharing their hope to promote economic ties to match bilateral political and diplomatic relations.

The two sides pointed to high potential in fostering trade and investment cooperation in various fields, especially tourism and culture.

Mohamed Abdenour Rabhi said that he hopes to set up twin relationship between Mostaganem and a coastal province of Vietnam.

On the occasion, Ambassador Tru also visited Overseas Vietnamese living in Mostaganem. In 1962, many Vietnamese women followed their Algerian husbands to settle down in Algeria.

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(Source: VNA)