Algerian firms updated on business opportunities in Vietnam
Algerian businesses have been updated on Vietnam’s prestigious export firms, export-import related regulations and business opportunities at a meeting with Vietnamese Ambassador to Algeria Pham Quoc Tru.
Algiers (VNA)– Algerian businesses have been updated onVietnam’s prestigious export firms, export-import related regulations andbusiness opportunities at a recent meeting in Oran city with VietnameseAmbassador to Algeria Pham Quoc Tru.
At a working session between Ambassador Tru and Chairman of the Oran Chamber ofCommerce and Industry Mouad Abed, both sides introduced the potential foreconomic links between the two nations and discussed ways to boost bilateralties.
Mouad Abed lauded the visit, saying that this is a good chance for Algerianfirms to learn more about the Vietnamese market.
He also introduced his country’s economic reforms, which focus on diversifying theeconomy to minimise dependence on the oil industry.
Algeria is looking to develop non-petroleum sectors such as agriculture, industry,construction, tourism, ICT and renewable energy, he said.
On the occasion, Ambassador Tru informed participants about activities to beheld by the two countries to celebrate the 55th anniversary ofdiplomatic ties, including the 11th session of the Vietnam-Algeria Intergovernmental Committee for economic cooperationscheduled for September in Alger.
The two sides agreed to urge the two Governments to create favourableconditions for enterprises to bolster cooperation, concentrating on perfectinglegal frameworks, spreading market information, making it easy for businessesto participate in international fairs and exhibitions and settlingtrade-related disputes.
During their stay, the delegation worked with representatives from the internationalfair and exhibition centre, during which director of the centre Ouaed Mohamed calledon Vietnamese enterprises to attend trade events in the city.
In his reply, Ambassador Tru said the embassy will send a list of internationalfairs held in Vietnam to the centre and pledged to facilitate the two sides’ enterprises’attendance at fairs and exhibitions in each country.
The Vietnamesediplomat led a delegation to visit Oran city from June 15-17, aiming to step upeconomic and trade cooperation between Vietnam and Algeria and with Oran inparticular.-VNA
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.
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Illustrative image (Source: VNA) 
