Vietnam and Algeria should work to remove bottlenecks for investment and trade activities as well as complete a legal framework of support measures so businesses from both sides can enter each other’s market.
Vietnamese Ambassador to Algeria Pham Quoc Tru (R) and Chairman of Setif province Nacer Maaskri (Photo: VNA)
Algiers (VNA) – Vietnam and Algeria should work to remove bottlenecksfor investment and trade activities as well as complete a legal framework ofsupport measures so businesses from both sides can enter each other’s market.
Vietnamese Ambassador to Algeria Pham Quoc Tru made the statement during hisworking visit to Setif province on July 19, stressing that the Embassy will helpenterprises bolster trade and investment.
Introducing Vietnam’s potential and strengths in agriculture, industry andtourism to local officials and enterprises, Tru expressed his hope that bothparties will enhance collaboration in various sectors such as aquaculture cultivation,agricultural processing, food, garment production and tourism.
He also detailed a plan to hold a tourism business forum in Algiers inSeptember, and invited tourism companies in Setif to attend.
Mansouri Ali, director of Setif province’s chamber of commerce and industry,talked about local economic potential as well as investment opportunities.
He added that a business association from Setif will attend the Food Expo inVietnam in November.
The same day, Chairman of Setif province Nacer Maaskri had a meeting with adelegation from the Vietnamese Embassy, during which the two sides recalled thetraditional friendship between the two countries.
Tru and Nacer Maaskri expressed desire to elevate economic ties to a newheight, and agreed to step up cooperation in trade, industry, agriculture,labour and tourism.
They also hoped to set up twin relations between Setif and a Vietnameselocality with the many similarities.
Located 300 kilometres from Algeria’s capital to the northeast, Setif is thesecond economic and industrial hub in the country. The province holds strengthsin industrial development and tourism. It is focusing on infrastructuredevelopment to attract foreign investment and tourists.-VNA
Algeria’s Foreign Minister Abdelkader Messahel will visit Vietnam on July 13-14 at the invitation of Deputy Prime Minister and Foreign Minister Pham Binh Minh.
The upcoming Vietnamese visit of Algerian Foreign Minister Abdelkader Messahel is one of the important activities helping to intensify all-round cooperation between Vietnam and Algeria.
Vietnam and Algeria need to make stronger actions to further promote their economic cooperation and bilateral partnership in line with the two newly emerging economies’ existing potential, said Algerian Foreign Minister Abdelkader Messahel.
Algerian Foreign Minister Abdelkader Messahel expressed his wish to foster ties with Vietnam in the fields of politics-diplomacy, trade, investment, oil and gas, and labour during his talks with Deputy Prime Minister and Foreign Minister Pham Binh Minh in Hanoi on July 13.
Vietnam hopes to strengthen its cooperation with Algeria across many key sectors, particularly economy and trade, to match the success of their bilateral political ties, Prime Minister Nguyen Xuan Phuc told visiting Algerian Foreign Minister Abdelkader Messahel.
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Vietnamese Ambassador to Algeria Pham Quoc Tru (R) and Chairman of Setif province Nacer Maaskri 
