Prime Minister Nguyen Tan Dung’s official visit to Algeria will be a good chance to reinforce traditional friendship between the two nations and bolster their all-around cooperation, especially in economics, according to Algerian media.

The Algeria Press Service, the daily El Moudjahid and the daily Horizon on May 30 ran articles on the visit, which is from May 31-June 2.

The daily El Moudjahid highlighted the significance of PM Dung’s visit to Algeria in the context of the development of relations between Vietnam and the African country in recent years, especially in agriculture, construction, industry, energy and aquaculture.

It quoted Vietnamese Ambassador to Algeria Vu The Hiep as saying that the economic ties between Vietnam and Algeria has grown rapidly at 30 percent a year, with two-way trade in 2014 hitting 365 million USD.
Meanwhile, the daily Horizon praised Vietnam’s economic development and cited a report of the World Bank (WB), which forecasted that Vietnam’s GDP growth will be 6 percent this year, and increase to 6.2 percent in 2016.

The newspaper also mentioned the opinion of Sudhir Shetty, an expert from the WB, who underlined Vietnam’s economic stability, increasing foreign investment into the country’s manufacture industry, and its improvement of business climate. He also commented that when free trade agreements between Vietnam and its partners is signed, the country will be able to access more export markets.-VNA