The Egyptian Minister of Investment Mahmoud Mohieldee is expected to visit Vietnam for market survey from January 23-26, said the Vietnam Chamber of Commerce and Industry (VCCI).
The VCCI added he will be accompanied by a number of senior officials and executives of 30 leading businesses in finance-banking, construction, delivery and transport, pharmacy, electronics, information technology, food industry, tourism, fisheries, fertilisers and chemistry.
His itinerary in Hanoi includes a business forum scheduled for January 25 to provide opportunities for businesses from the two countries to expand partnerships.
The Egyptian minister is likely to present his Government’s incentives on investments, trade and tourism.
Commercial Counsellor to Egypt Dang Ngoc Quang said bilateral trade relations have grown steadily over the past years with trade surplus bent on the Vietnam side.
The Southeast Asian nation last year earned 165 million USD from exports to the African market while its import value was estimated at 20 million USD.
Vietnam expects to increase its export turnovers by 25 percent to 200 million USD this year.
Aquatic products often make up 30 percent of Vietnam ’s hard currency earners, including pepper, coconut, coffee and rice, regarding the Egyptian market./.
The VCCI added he will be accompanied by a number of senior officials and executives of 30 leading businesses in finance-banking, construction, delivery and transport, pharmacy, electronics, information technology, food industry, tourism, fisheries, fertilisers and chemistry.
His itinerary in Hanoi includes a business forum scheduled for January 25 to provide opportunities for businesses from the two countries to expand partnerships.
The Egyptian minister is likely to present his Government’s incentives on investments, trade and tourism.
Commercial Counsellor to Egypt Dang Ngoc Quang said bilateral trade relations have grown steadily over the past years with trade surplus bent on the Vietnam side.
The Southeast Asian nation last year earned 165 million USD from exports to the African market while its import value was estimated at 20 million USD.
Vietnam expects to increase its export turnovers by 25 percent to 200 million USD this year.
Aquatic products often make up 30 percent of Vietnam ’s hard currency earners, including pepper, coconut, coffee and rice, regarding the Egyptian market./.
