Ambassador urges boosting economic cooperation with Algeria
Vietnam’s Ambassador to Algeria Pham Quoc Tru said Vietnam and Algeria should consider building a partnership framework for long-term and reliable cooperation with a focus on economic ties.
Ambassador Pham Quoc Tru (left) at a meeting with Oran province's Governor Zaafen Abdelghani (Photo: VNA)Algiers (VNA) – Vietnam’s Ambassador to Algeria Pham Quoc Tru said Vietnam and Algeria should consider building a partnership framework for long-term and reliable cooperation with a focus on economic ties.
Granting an interview to the Vietnam News Agency’s correspondents in Algiers, the ambassador highlighted the close friendship between the two countries since the establishment of diplomatic ties in 1962.
He also said bilateral economic-trade cooperation has seen progress in recent years, with Algeria becoming the fourth largest export market of Vietnam in Africa. Vietnam has invested in the oil and gas industry in Algeria, and the Vietnam-Algeria-Thailand joint venture began commercial operation in 2015, pumping around 18,000 barrels a day.
Labour cooperation saw a boom in the 1980s and 1990s with thousands of Vietnamese experts and workers working in Algeria in a range of sectors, from education, healthcare to agriculture and construction. After being suspended for some time, Vietnamese workers returned to Algeria in 2013, mostly those who work in construction. Around 4,000 Vietnamese workers are working in the African country at present.
However, the ambassador stressed that two-way trade, at nearly 270 million USD in 2016, remains modest and below the potential and expectation of both countries.
As Vietnam and Algeria will mark the 55th anniversary of their diplomatic relationship this year, it is time for them to make an assessment of bilateral cooperation across the fields and define directions to strengthen the ties in the time ahead, he said, adding that the upcoming 11th session of the Vietnam-Algeria joint committee scheduled for March in Algiers will be a good chance to take up the work.
Ambassador Tru particularly highlighted the warm sentiment of Algerian people towards Vietnam, which is the result of the two nations’ mutual support during their struggle for national independence, the efforts of both countries’ leaders to foster bilateral friendship, and the good impression left by Vietnamese experts during their time working in Algeria.-VNA
You should also see
Garment & textile sector tries to keep growth momentum
The Vietnamese garment and textile sector is carrying out various measures to bolster production and business activities amidst formidable challenges posed by falling demand, high inventory, and geopolitical instability in several countries, according to insiders.
See more
Politics
Vietnam Coast Guard, French navy's ship hold joint exercise
The Vietnam Coast Guard Region 2 High Command and frigate Vendémiaire of the French Navy held a joint maritime exercise on April 15.
Politics
Vietnam, Cuba promote cooperation for mutual development
Deputy Prime Minister Tran Luu Quang held talks with Cuban Deputy Prime Minister and Minister of Foreign Trade and Investment Ricardo Cabrisas on April 15 (local time), as part of his visit to the Latin American country.
Politics
Vietnam, Venezuela bolster comprehensive partnership
Deputy Prime Minister Tran Luu Quang will pay an official visit to Venezuela from April 17-19 at the invitation of Venezuelan Vice President Delcy Rodríguez.
Politics
Argentine newspaper publishes Party leader’s article
Argentina’s Resumen Latinoamericano newspaper has published the article “Proud and confident under the Party's glorious flag, determined to build a Vietnam more prosperous, powerful, civilised, heroic with a fine and long-lasting culture" by General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong, on the occasion of the 49th anniversary of the liberation of the south and national reunification (April 30).
Politics
Vietnam values traditional friendship, cooperation with Benin: FM
Vietnam always values and wants to promote the traditional friendship and cooperation with Benin, Minister of Foreign Affairs Bui Thanh Son affirmed during a phone conversation with his Beninese counterpart Olushegun Adjadi Bakari on April 15.
