Trade between Vietnam and Egypt could develop strongly from the current annual level of 400 million USD if the two sides make good use of cooperation opportunities.
Prime Minister Nguyen Xuan Phuc (R) receives Egyptian Minister of Investment and International Cooperation Sahar Nasr (Photo: VNA)
Hanoi (VNA) – Trade between Vietnamand Egypt could develop strongly from the current annual level of 400 millionUSD if the two sides make good use of cooperation opportunities.
Prime Minister Nguyen Xuan Phuc made the remarkswhile meeting with Egyptian Minister of Investment and InternationalCooperation Sahar Nasr and Admiral Mohab Mamish, Chairman of the Suez CanalAuthority and head of the Suez Canal Economic Zone, in Hanoi on August 22.
Vietnam readies to export its products to Egyptiansupermarkets chains and sell made-in-Egypt commodities in Vietnam, he said.
Shar Nasr said Egypt boasts great potential inshipbuilding and seaport, which Vietnamese businesses could explore investmentopportunities. She said a business forum will be held during the upcoming visitby the Egyptian President to promote bilateral cooperation.
For his part, Mohab Mamish said a large volumeof global cargo goes through the Suez canal annually.
He noted that Egypt has inaugurated an economic zone to connect theMediterranean Sea with the Asian region, hoping Vietnamese firms will studyinvestment opportunities in the zone.
PM Phuc hoped the two sides will signcooperation agreements in trade and investment, emphasising on the bilateralcooperation potential in garment-textile, processed farm produce, andfisheries.
He proposed Egypt create favourable conditionsfor businesses to cooperate in oil and gas exploitation and provision ofservices relating to this field.
The PM also suggested the inter-governmentalcommittee devise specific programmes to boost the bilateral cooperation in amore pragmatic and efficient manner.
On the day, the PM hosted Chairman of Charmvit Group from the Republic of KoreaLee Dea-bong.-VNA
Deputy Inspector General Dang Con Huan worked with Chairman of Egypt’s Administrative Control Authority Mohamed Erfan on April 4 in Egypt to discuss ways to enhance experience exchange in inspection.
Deputy head of the Government Committee for Religious Affairs Bui Thanh Ha met with Egyptian Minister of Religious Endowments Muhammad Mukhtar Jumu’ah in Cairo on April 26 to boost cooperation in the
A seminar took place in El Gouna of the Red Sea Governorate, Egypt on July 25 to introduce to local firms the potentials and business opportunities in Vietnam and boost bilateral trade between the two
General Director of the Voice of Vietnam (VOV) Nguyen The Ky has proposed that the agency and the Egypt National Radio finalise procedures for the signing of a bilateral agreement in broadcasting.
A seminar on opportunities, challenges and prospect for cooperation between Vietnam and Egypt cooperation took place in the Egyptian capital city of Cairo on May 8.
Ha expressed his hope that cooperation in science and technology, agriculture, and natural resources would emerge as new focal points and engines of growth in Vietnam–China relations.
Giang said he believes that building on the solid foundation nurtured over the past half-century and the strong determination of both nations, the Comprehensive Strategic Partnership will continue to grow in a more robust, comprehensive, and extensive manner, thus bringing more practical benefits to the two nations' people.
Highlighting the transformative potential of the draft law in revitalising Vietnam’s railway industry, Hoang Van Cuong, a deputy of Hanoi, expressed his support for Article 39, which empowers the Prime Minister to issue a list of railway-related goods and services to be assigned or ordered from domestic enterprises for production.
According to the Ministry of Public Security, Hoan, formerly Deputy Minister of Labour, Invalids and Social Affairs, is under investigation for allegedly taking bribes in connection with a case involving the Hoang Long Construction and Manpower Supply JSC and related units.
Chairing a national conference on the organisation of the examination on June 18, the PM highlighted the historical significance of the examination, as the restructuring of provincial-level administrative units is underway and the two-tier local administration model is set to officially begin operations on July 1.
Right on the same day, the ministry issued its highest-level travel warning, urging Vietnamese citizens not to travel to Israel or Iran, and advised those already in these countries to swiftly consider evacuation or relocation plans.
From the struggles against colonialists and imperialists to the period of Doi moi (renewal) and international integration, the Vietnamese revolutionary press has always played a pioneering role on the ideological and cultural front, he said.
The Party leader's working session with the standing boards of the Party Committees of HCM City, Ba Ria – Vung Tau and Binh Duong, the VNA General Director's remarks on the occasion of the 19th OANA General Assembly, the launch of new NIC - Google initiatives aimed at bolstering AI entrepreneurship and digital literacy in Vietnam are among news highlights June 18.
Vietnam and Indonesia reaffirmed their commitment to strengthening cooperation in combating terrorism as it remains a threat to peace, security, and stability across their respective nations, the broader region, and the international community.
The Vietnamese representative also emphasised the shared responsibility of relevant parties to build trust, enhance cooperation, and jointly manage the risks of conflict, thus safeguarding long-term peace and stability in the East Sea.
The National Assembly on June 18 passed the law amending and supplementing a number of articles of the Law on Product and Goods Quality, with 408 out of 420 participating deputies voting in favour, accounting for 85.36% of the total.
The Party leader asked the new HCM City to embrace a multi-centre and integrated urban ecosystem where each development pole functions as a link complementary to and intelligently connected with each other in a harmonious whole.
The resolutions issued by the PM as well as ministries and ministry-level agencies reassign responsibility for 346 administrative procedures - 18 from district to provincial levels, 278 to commune level, and 50 eliminated.
Legislators are due to pass several amended laws, including the Law amending and supplementing several articles of the Law on Economical and Efficient Use of Energy, and the Law amending and supplementing several articles of the Law on Product and Goods Quality.
Vietnamese localities' readiness to implement the two-tier local administration model, the evacuation of 18 Vietnamese citizens from Iran, Petrovietnam's 11th ranking in the 2025 Fortune Southeast Asia 500 are among news highlights on June 17 evening.
The General Secretary underlined the resolve to achieve a growth rate of at least 8% in 2025, laying the groundwork for double-digit growth in the following period. He noted that these are mandatory targets, with no alternative path to success.
Restructuring and improving the quality of officials, civil servants, and public employees is no longer a choice, but an urgent requirement to transition from administrative management to governance in service of the people.
The Vietnamese Embassy in Israel has advised Vietnamese people living there to proactively prepare and seek ways to leave the country via land border crossings, especially toward Jordan or Egypt, when security and safety conditions allow.
Prime Minister Nguyen Xuan Phuc (R) receives Egyptian Minister of Investment and International Cooperation Sahar Nasr (Photo: VNA)
