Algeria remains promising market for Vietnam: offical
Many key products of Vietnam meet the import demands of Algeria, making the African country a promising market for Vietnam, according to Hoang Duc Thuan, Vietnam's trade counselor in Algeria.
Hanoi (VNA) – Many key products of Vietnam meetthe import demands of Algeria, making the African country a promising marketfor Vietnam, according to Hoang Duc Thuan, Vietnam's trade counselor in Algeria.
At a recent consultation for domestic firms held by the Trade Promotion Agency underthe Ministry of Industry and Trade, Thuan said that at the end of the first quarter of 2022, Vietnamshipped 30.95 million USD worth of goods to Algeria, mostly coffee, pepper,aquatic products, metal and chemicals.
According to the official, Algeria has great demand forcoffee, green tea, rice, footwear, iron and steel products, packagingmaterials, wood and wooden furniture, automobile accessories and spare parts,and household appliances.
He underlined that Algeria has encouraged foreign investors,including those from Vietnam, to seek partnership in production in the countryto improve its domestic production capacity, diversify the economy and reduceits dependence on oil.
An overview of the consulting session (Photo: VNA)
Besides, Vietnamese firms can also take advantage of the AfricanContinental Free Trade Area which took effect from January 1, 2021, toincrease investment in gateway markets in Africa to enjoy benefit from originincentives, workforce, and on-site materials.
To exploit this market, Thuan advised Vietnamese businessesto provide full and detailed information on the products and offer affordable pricesas the import tax rate in Algeria is quite high, while focusing more onpackaging and maintaining their high prestige in the market./.
Economic and trade cooperation between Vietnam and Algeria has yet to match their political ties as well as their potential, Vietnamese Ambassador to Algeria Nguyen Thanh Vinh has said.
A photo exhibition on popular landscapes in Algeria and Vietnam was launched in Algiers on October 30 to mark the 59th anniversary of the two countries’ diplomatic relations (October 28, 1962 – 2021).
Algeria hopes to further bolster its economic partnership with Vietnam to match the sound political ties between the two countries, according to Algerian Ambassador to Vietnam Boubazine Abdelhamid.
A consultation session on export to the Algerian market will be held on April 19 in Ho Chi Minh City as part of activities in the national programme on trade promotion in 2022, according to Deputy Director of the Trade Promotion Agency of the Ministry of Industry and Trade (MoIT) Le Hoang Tai.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
Illustrative image (Source: VNA) 
An overview of the consulting session (Photo: VNA) Besides, Vietnamese firms can also take advantage of the AfricanContinental Free Trade Area which took effect from January 1, 2021, toincrease investment in gateway markets in Africa to enjoy benefit from originincentives, workforce, and on-site materials. 
An overview of the consulting session (Photo: VNA) 
