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