Middle East, African ambassadors hail economic cooperation with VN
Middle East, African ambassadors hail economic cooperation with Vietnam
Ambassadors from Middle East and African countries expressed their belief that the economic and trade cooperation with Vietnam will thrive in the coming time while answering questions of the Vietnam News Agency’s reporters on the sidelines of a meeting in Hanoi on September 9-10.
Deputy Prime Minister Pham Binh Minh (R) and ambassadors of Middle East and African countries at the meeting (Photo: VNA)
Hanoi (VNA) – Ambassadors fromMiddle East and African countries expressed their belief that the economic andtrade cooperation with Vietnam will thrive in the coming time while answeringquestions of the Vietnam News Agency’s reporters on the sidelines of a meetingin Hanoi on September 9-10.
Egyptian Ambassador to Vietnam Mahmoud HasanNayel said the bilateral trade growth in 2018 reached 25 percent. Vietnam andEgypt have similar economic development models that encourage exports.
He added that Egypt’s major economic zones areattracting investment from Vietnam.
While mentioning support policies of theEgyptian Government for Vietnamese businesses, the ambassador said his countrybacks free trade agreements and it is one of the first members of the WorldTrade Organisation (WTO).
Egypt will create equal opportunities forinvestors from all countries, especially Vietnam, he said, adding that he hopedmore new measures will be deployed to make it easier for the Vietnamesebusiness community to operate in Egypt.
Meanwhile Tanzanian Ambassador to Vietnam MbewaBrighton Kairuki said there is large room for Vietnam and Tanzania to cooperatein telecommunication and garment-textile. Vietnamese firms could buildfactories to produce garment products for export.
While evaluating the contributions of Vietnamesebusinesses in Tanzania, he said Tanzania is one of the few countries thatVietnamese telecom group Viettel is making investment, creating jobs for 3,000people, including 1,000 direct workers. The group is also expanding its networkin Tanzania.
Besides investment, Vietnam is one of theleading importers of Tanzanian products, he said, adding that local farmers arereceiving benefits from Vietnamese enterprises.
Yemeni Ambassador to Vietnam Adel Mohamed Ali BaHamid said Vietnam is among the top 10 trade partners of Yemen in Asia andbelieved that the Southeast Asian country will rise to the first position inthe next five years.
He added that many cooperation projects arebeing implemented by the two countries.
In October, a workshop will be held in Ho Chi Minh City with the attendance ofbusinesses from the two nations to discuss cooperation opportunities in thefield of oil and gas, he revealed.-VNA
Vietnamese enterprises should engage more in trade promotion activities in the Middle East and Africa, particularly as its traditional export markets are becoming oversaturated.
The Foreign Ministry is hosting a meeting with ambassadors from the Middle East and Africa in Hanoi with the aim of boosting trade ties with the region.
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.
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.