Cairo (VNA) – Egypt’s leading online newspaperAl-Ahram on August 31 ran a story by Kamal Gaballa highlighting socio-economicachievements that Vietnam has gained during the national development.
Gaballa, a prestigious Egyptian journalist who is interestedin Vietnam, said that despite negative impacts of COVID-19 pandemic, Vietnam’sGDP growth in the first half of this year reached 1.81 percent.
Gaballa noted that in 2019, the Global Competitiveness Indexof Vietnam jumped 10 places over the previous year to the 67th in a list of 141economies, while the country’s business environment index also leaped eight placescompared to 2015, ranking 70th out of 190 countries and territories.
Besides, Vietnam is playing an increasing role on the globalpolitical and diplomatic map through its position as the ASEAN Chair andnon-permanent member of the UN Security Council as well as the contributions ofthe country’s peacekeeping force.
Vietnam and Egypt celebrate the 57th anniversary of diplomatic relations onSeptember 1, 2020, he said, adding that this is a chance for the two sides toreview their ties, which were laid a solid foundation by Egyptian PresidentGamal Abdel Nasser and President Ho Chi Minh.
He said that in 2020, despite the adverse impacts of COVID-19, two-way trade betweenEgypt and Vietnam is expected to maintain good results. In the first sevenmonths of this year, Vietnam exported 256 million USD worth of goods to Egypt.
Last year, two-way trade fetched 500 million USD, makingEgypt the second largest trading partner of Vietnam in Africa.
Vietnam mostly exported to Egypt fisheries products, garmentand textiles, footwear, spare parts and transportation vehicles, machineries,equipment and farm produce, while importing from Egypt materials for the garmentand textile industry, plastic material, pharmaceuticals, fresh fruits, milk anddairy products, and fertilisers.
Gaballa held that the two countries boast high potential to promote theircooperation in trade, investment, tourism and maritime economy./.
Gaballa, a prestigious Egyptian journalist who is interestedin Vietnam, said that despite negative impacts of COVID-19 pandemic, Vietnam’sGDP growth in the first half of this year reached 1.81 percent.
Gaballa noted that in 2019, the Global Competitiveness Indexof Vietnam jumped 10 places over the previous year to the 67th in a list of 141economies, while the country’s business environment index also leaped eight placescompared to 2015, ranking 70th out of 190 countries and territories.
Besides, Vietnam is playing an increasing role on the globalpolitical and diplomatic map through its position as the ASEAN Chair andnon-permanent member of the UN Security Council as well as the contributions ofthe country’s peacekeeping force.
Vietnam and Egypt celebrate the 57th anniversary of diplomatic relations onSeptember 1, 2020, he said, adding that this is a chance for the two sides toreview their ties, which were laid a solid foundation by Egyptian PresidentGamal Abdel Nasser and President Ho Chi Minh.
He said that in 2020, despite the adverse impacts of COVID-19, two-way trade betweenEgypt and Vietnam is expected to maintain good results. In the first sevenmonths of this year, Vietnam exported 256 million USD worth of goods to Egypt.
Last year, two-way trade fetched 500 million USD, makingEgypt the second largest trading partner of Vietnam in Africa.
Vietnam mostly exported to Egypt fisheries products, garmentand textiles, footwear, spare parts and transportation vehicles, machineries,equipment and farm produce, while importing from Egypt materials for the garmentand textile industry, plastic material, pharmaceuticals, fresh fruits, milk anddairy products, and fertilisers.
Gaballa held that the two countries boast high potential to promote theircooperation in trade, investment, tourism and maritime economy./.
VNA
