Webinar helps promote Vietnam – Egypt maritime cooperation

VOV.VN - Promoting maritime cooperation between the Suez Canal Economic Zone (Egypt) and Vietnamese partners was discussed at a webinar held in Hanoi on July 26.

Addressing the event, Vietnamese Deputy Minister of Transport Le Dinh Tho emphasized that, despite the long geographical distance, Vietnam and Egypt are working on agreements to create a legal basis for their businesses to seek cooperation and investment opportunities.

These documents, according to Tho, include the Vietnam - Egypt maritime transport agreement and the memorandum of understanding on maritime cooperation between the Vietnamese Ministry of Transport and the Egyptian Ministry of Transport.

Vietnam desperately needs international cooperation in the maritime sector, as well as investment in infrastructure, warehousing, and shipbuilding technology to form fleets of ships that are able to get involved in national and international transport chains, said Tho.

Deputy Director of the Vietnam Maritime Administration Hoang Hong Giang also expressed his wish that Egypt would become an important partner of Vietnam towards cooperation and development of safe and effective maritime routes.

At the seminar, representatives of Vietnam and the Suez Canal Economic Zone presented issues related to the development of maritime cooperation between the two sides.

Egyptian Ambassador to Vietnam Elmorsi Salama noted the webinar was a successful first step, and the two sides should have more exchanges, including visits to the Suez Canal Economic Zone, to learn about the potential for maritime cooperation.

Vietnam and Egypt established diplomatic ties in 1963, and Egypt was one of the first Arab countries to establish diplomatic relations with Vietnam. In addition, Egypt is also the first North African country to recognize Vietnam’s full market economy status in 2013.

Currently, Egypt is the gateway for Vietnamese goods to enter the African market with many export items.

Meanwhile, Vietnam, with a coastline of more than 3,000 km long, is located on an international maritime route connecting the Pacific Ocean and Indian Ocean, an area with a dynamic and rapidly growing economy.

It has considered marine-based economic development as one of the top goals in its economic development strategy.

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