Vietnam keen to develop stronger ties with Algeria

At meetings held with representatives of Algerian agencies and organizations, both sides agreed on the need for continued active exchanges in order to learn from each other's experiences, increase mutual support at international forums, and promote win-win co-operation and investment.

At a reception held for the delegation on October 2, Abdelkrim Benmbarek, secretary general of Algeria's National Liberation Front (FLN) Party, proposed the two sides continue discussions to find ways for party modernization and attract the engagement of young people in the current context.

Prof. Dr. Tan an showed gratitude to Algerian friends for standing by the nation in its struggle for independence, outlining his hope that both sides will develop a dynamic and mutually beneficial relationship in the current context. He emphasized that this represents a crucial time for both nations to offer mutual support in their development.

The two parties also exchanged views on issues related to party building and socio-economic development, sharing their experience in party rectification, the making of national development policies, and social equity promotion.

On October 3, the delegation was received by the head of the Algerian Parliament’s foreign affairs committee Khouane Mohammed, as well as several lawmakers, including members of the Algeria-Vietnam Friendship Parliamentarians’ Group.

Mohammed suggested the Central Theory Council of Vietnam explore potential co-operation between the two countries. He also expressed his keen desire to effectively implement the signed agreements between the two nations, emphasizing that the bilateral trade value of US$300 million fails to accurately reflect the level of their relationship. With a new investment law introduced by the Algerian Government, he showed his hope that the Vietnamese side will consider investing in the North African country on the basis of mutual benefit.

The Vietnamese official stated that following this visit, the council will continue to study and leverage strength while identifying limitations that need to be addressed to enhance development between the two sides. Additionally, it will incentivize major Vietnamese enterprises to further explore investment opportunities in the Algerian market.

The Vietnamese delegation also visited a centre of the National Fund of Social Insurance for Employees and the headquarters of the National Economic, Social, and Environmental Council of Algeria (CNESE), where they had opportunities to learn about Algeria's social security system, as well as to discuss potential collaboration in specific fields between both sides.