Vietnam seeks trade partners in Algeria
Vietnamese Ambassador
Vu The Hiep recalled the time-honoured relations between the two
countries and expressed hope that bilateral trade and investment ties
will grow further. He noted that the two sides have set the goal to
raise two-way trade to 1 billion USD and expand the operation of the
Bir-Seba joint venture to which the Vietnam Oil and Gas Group
(PetroVietnam) is a partner.
The two sides
discussed measures to enhance the economic ties in the time to come. The
businesses suggested that the two Governments sign agreements on trade
exchange and investment and labour cooperation, facilitate the exchange
of business delegations and increase investment promotion activities.
Representatives from the Annaba Chamber of
Commerce and Industry said they hope Vietnamese businesses will invest
in the province, particularly in the fields of infrastructure, housing,
garment and footwear making, fisheries, irrigation and forestry.-VNA