Exports to Egypt top 200mln USD in seven months
Vietnam's export turnover to Egypt reached 201 million USD in the first seven months of the year, said Vietnam Ambassador to Egypt Dao Thanh Chung.
Vietnam's export turnover to Egypt reached 201 million USD in the first seven months of the year, said Vietnam Ambassador to Egypt Dao Thanh Chung.
Chung said the country's exports to Egypt in 2010 amounted to 200 million USD while last year's were 280 million USD, adding that Vietnamese enterprises have brought considerable volumes of goods into the market.
Vietnam 's main export items to Egypt have been rice, wooden furniture, consumption goods and seafood.
The latest report from the Ministry of Industry and Trade showed that Egypt has been the fourth largest country which imported Vietnamese goods among 67 countries having trade relations with Vietnam .
Vietnam has imported materials serving for production with a yearly average turnover of 20 million USD.
However, the ministry said that trade has not been up to the two countries' potentials despite increasing export turnover over the past few years.
Chung urged Vietnamese businesses to penetrate further into the market.
He said the embassy will support and create favourable conditions for businesses to promote their trade in Egypt as well as expanding the range of export items available.
Egypt has been in need of agricultural products, cloth, electronics, mobile phones, machines and equipment.
He added that the two countries should establish a Vietnam-Egypt Business Council to promote trade, investment and co-operation.
The two countries aimed to bring their bilateral trade to 500 million USD./.VNA
Chung said the country's exports to Egypt in 2010 amounted to 200 million USD while last year's were 280 million USD, adding that Vietnamese enterprises have brought considerable volumes of goods into the market.
Vietnam 's main export items to Egypt have been rice, wooden furniture, consumption goods and seafood.
The latest report from the Ministry of Industry and Trade showed that Egypt has been the fourth largest country which imported Vietnamese goods among 67 countries having trade relations with Vietnam .
Vietnam has imported materials serving for production with a yearly average turnover of 20 million USD.
However, the ministry said that trade has not been up to the two countries' potentials despite increasing export turnover over the past few years.
Chung urged Vietnamese businesses to penetrate further into the market.
He said the embassy will support and create favourable conditions for businesses to promote their trade in Egypt as well as expanding the range of export items available.
Egypt has been in need of agricultural products, cloth, electronics, mobile phones, machines and equipment.
He added that the two countries should establish a Vietnam-Egypt Business Council to promote trade, investment and co-operation.
The two countries aimed to bring their bilateral trade to 500 million USD./.VNA
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