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Vietnam – Algeria – Senegal matchmaking seminar to take place next month

Over 100 representatives of organisations and enterprises from Vietnam, Algeria and Senegal are expected to attend a virtual matchmaking seminar on farm produce among the three countries next month.
Vietnam – Algeria – Senegal matchmaking seminar to take place next month ảnh 1Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan visits a trade fair booth of a local fish feed producer. (Photo: VNA)
Hanoi (VNA) – Over 100 representatives oforganisations and enterprises from Vietnam, Algeria and Senegal are expected toattend a virtual matchmaking seminar on farm produce among the three countriesnext month.

Co-hosted by the Vietnamese Ministry of Industry andTrade’s Department of Trade Promotion (Vietrade) and Asia-Africa MarketDepartment, the event will take place from April 5-6, connecting three main locations– Hanoi (Vietnam), Algiers (Algeria), and Dakar (Senegal).

It is expected to provide an opportunity for the threecountries to introduce about their strengths, strengthen cooperation in tradeand investment, and connect their agricultural and food producers amid theongoing COVID-19 outbreak.

According to the General Department of Vietnam Customs,Vietnam’s exports to Algeria totalled around 150 million USD last year withmain export items including coffee (94 million USD), fishery products, pepper,rice, cashew nut, aluminium and other metals, chemicals, fabrics, footwear andmachinery. Vietnam’s imports from the African country, mostly chicken feet,scrap paper, cattle feed and pharmaceuticals, only valued about 3 million USD.

Meanwhile, in 2019, Vietnam shipped to Senegal more than52.5 million USD worth of goods, mainly rice, pepper, confectionery, textileand garment, fruits and vegetables, fishery products, vehicles and parts. TheSoutheast Asian country spent some 41.3 million USD on imported goods, mostlyraw cashew nut, cotton, fishery products and cattle feed, from Senegal.

Last year, due to impacts of COVID-19, Vietnam’sshipments to Senegal plunged to 39 million USD, nearly 38.5 percent of whichcame from rice. The African nation is in need of 800,000 to 1 million tonnes ofimported rice annually for domestic use and re-export./.
VNA
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