Trade forum enhances Vietnam - Algeria business connectivity
VOV.VN - As many as 13 Vietnamese enterprises and 25 Algerian firms gathered at a direct and virtual trade exchange programme held on June 18, aiming to strengthen connectivity and seek additional business opportunities.
At the event, Algerian businesses were introduced to the Vietnam-Algeria relations and prospects for bilateral trade cooperation. They inquired into Vietnamese product samples and praised the quality of Vietnamese products compared to those from some countries in Asia.
Aside from the demand that exists for importing agricultural products, solar cells, auto parts, shoes, powdered milk, and fabrics, Algerian businesses showed their keen interest in exporting items such as olive oil, flavorings, chicken feet, lobster, and sea cucumbers to the Vietnamese market.
Representatives from numerous Algerian companies also called for Vietnamese businesses to invest in the North African nation, particularly in poultry farming, aquaculture, and construction.
The two sides expressed their desire to increase direct transactions, while discussing issues related to safe import-export payment measures, and logistics in international trade activities.
The Vietnam Trade Office also invited Algerian businesses to visit the Vietnamese booth at the 54th Algiers International Fair (FIA 54) which is scheduled to run from June 20 to 25 at the Pins Maritimes Expo Palace, and participate in the Vietnam International Sourcing 2023 due to take place from September 13 to 15 in Ho Chi Minh City.
According to the General Department of Vietnam Customs, Vietnam-Algeria trade exchanges edged up 80% in the first five months of this year to reach about US$116 million compared to the same period last year.
