Vietnam is willing to bolster economic cooperation with Algeria – an important partner in North Africa, said Vietnamese Ambassador to Algeria Vu The Hiep.
Vietnam is willing to bolster economic cooperation with Algeria – an important partner in North Africa, said Vietnamese Ambassador to Algeria Vu The Hiep.
During his meeting with business representatives from Blida province on October 14, Hiep reiterated the goal to lift bilateral trade to 1 billion USD by 2020 and encouraged links between the two countries to be expanded to other fields such education and defence.
He also highlighted recent fruitful results in Vietnam-Algeria relations, saying that they contributed significantly to promoting bilateral trade links.
According to the diplomat, Algeria exports dates and olive oil to Vietnam while importing rice and coffee.
For his part, President of Blida province’s Chamber of Commerce and Industry Riad Amour praised Vietnam’s development achievements and hoped the bilateral relations would serve as a good foundation for the two sides’ enterprises to set up partnerships.
He also expressed his desire to send a business del♈egation from Blida to Vietnam to learn about investment opportunities in Vietnam and introduce the province’s potential💧 and strengths to Vietnamese partners.-VNA
Algeria is willing to give priorities and create favourable conditions for Vietnamese businesses to invest effectively in Algeria, according to the country’s Minister of Industry and Mining Abdessalem Bouchouareb.
Prime Minister Nguyen Tan Dung on May 31 (local time) chaired a Vietnam-Algeria business dialogue in Algiers, which gathered nearly 300 enterprises from both countries.
Prime Minister Nguyen Tan Dung on June 2 visited Sonatrach, the Algeria state-owned oil and gas company, and attended a ceremony to inaugurate the installation of the gathering system for Bir Seba oil field development project.
Prime Minister Nguyen Tan Dung hosted a reception in Hanoi on June 10 for Algerian Minister of Justice Tayeb Louh, who is on a working visit to Vietnam from June 9-14.
The Vietnamese Government and people wish to consolidate traditional and multifaceted cooperation with Algeria, which is a priority in the Southeast Asian nation’s foreign policy, Prime Minister Nguyen Tan Dung told Algerian President Abdelaziz Bouteflika on June 1 (local time).
The first oil flow from the Bir Seba oil field, a joint project between Vietnamese, Thai and Algerian companies, was pumped into the central processing facility in Algeria on August 12 (Hanoi time).
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