Vietnamese, Algerian enterprises seek to expand links
Vietnamese and Algerian businesses gathered at a workshop in Alger on May 30, which aimed to promote economic links between the two countries.
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As part of the 49th International Fair of Algiers, the event was hosted by the Vietnamese Embassy and Commercial Affairs Office in Algeria in conjunction with the Chamber of Commerce and Industry of the Medéa region.
Representatives from Vietnamese companies expressed their desire to partner with Algerian firms, in a bid to boost exports of farm products, healthcare devices, handicrafts, electronics and household goods to the North African country.
Chairman of the Chamber of Commerce and Industry in the Medéa region Hadef Abderrahmane welcomed Vietnamese enterprises’ presence at the fair, saying that this reflects increasing economic bonds between the two countries.
He briefed participants on his country’s economic reforms, which prioritised diversifying the economy with the focus on non-petroleum sectors like agriculture, industry, construction, tourism, IT, and renewable energy.
The reforms have helped Algeria improve its business environment, making it one of the most stable and competitive markets in the Middle East and North Africa, he noted.
Vietnamese Ambassador Vu The Hiep stated that the workshop highlights opportunities to boost links between Vietnamese and Algerian firms.
Algerian companies should take part in international fairs in Vietnam, Hiep said.
He added that the two countries ought to to improve the business climate and facilitate their enterprises’ operation as well.
The Vietnamese Embassy in Algeria will connect the two sides’ businesses, for the prosperity of both nations, he affirmed.
