Bags of pepper at a factory of the Vietnam National Coffee Corporation (Vinacafe) in Binh Duong province (Photo: VNA)
Hanoi (VNA) –Algeria is currently the fourth biggest export market of Vietnam in Africa,following South Africa, Ghana, and Egypt.
Vietnam’s shipments to this African nation wereestimated at 271.42 million USD in 2016, up 16 percent year on year.
Among the main export items, 64,050 tonnes ofcoffee worth 112.96 million USD were sold to Algeria, up 74 percent in volumeand 64 percent in value. About 40,097 tonnes of rice were exported to bringhome 15.36 million USD, rising 6 percent in volume and 3 percent in value.
Other commodities seeing an increase inshipments were pepper, steel, aquatic products, computers, electronic productsand components, machinery and spare parts.
Meanwhile, the export turnover of telephones andcomponents fell by 26 percent to 76.86 million USD.
Last year, Vietnam’s trade office in Algeriaorganised an array of trade promotion activities, including five workshops onbilateral trade potential. It also assisted two delegations of Vietnamesebusinesses to attend international fairs and stepped up communicationactivities there such as publishing business news bulletins in French.
The Ministry of Industry and Trade also sentstaff members to Algeria to work with local ministries and agencies, seekingways to boost cooperation in the time ahead.
To strengthen trade ties and also to mark 55years of the countries’ diplomatic relationship, Vietnam will work harder topromote bilateral trade in 2017 such as through helping enterprises toparticipate in the Algiers International Fair and holding four businessseminars on economic and trade partnership potential. -VNA
A Vietnamese company is attending the 14th International Trade Fair for Public Works and Construction Machinery - SITP 2016, which started in Algiers, Algeria on November 23.
Vietnam’s Ambassador to Algeria Pham Quoc Tru said that Vietnam wants to boost economic and trade links with Algeria in general and Oran city in particular, in his working trip to Oran.
Vietnam’s Ambassador to Algeria Pham Quoc Tru said Vietnam and Algeria should consider building a partnership framework for long-term and reliable cooperation with a focus on economic ties.
Algeria and Vietnam should press ahead with developing their friendship and multi-faceted cooperation which has yet to match potential and aspirations, a senior legislator of Algeria said.
Algeria wants to enhance relations with Vietnamese legislative bodies, President of the Algerian Senate Abdelkader Bensalah told the Vietnamese Ambassador to Algeria.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.