The front page of The Egyptian Gazette issue on May 16 (Photo: VNA) Cairo (VNA) – Some Egyptian newspapers, including theEvents Magazine News, Al Naasher and The Egyptian Gazette, highly valuedVietnam’s development achievements in recent years in their articles publishedon May 16.
In the economic aspect, The Egyptian Gazettenoted Vietnam is viewed as an emerging tiger in Asia with a GDP growth rate ofover 7 percent in 2019, annual per capita income approximating 2,800 USD, andhousehold poverty rate brought down to 1.45 percent – which was recognised bythe UNDP as an important attainment of the country’s poverty reduction efforts.
According to this daily, Vietnam is currentlyamong the nations with the fastest growth in the Human Development Index. Meanwhile,foreign direct investment there rises 7.2 percent each year and exceeded 38billion USD in 2019, the highest in a decade.
The newspapers shared that view that Vietnam isholding important dual roles in the region and the world as it is the ASEANChair in 2020 and a non-permanent member of the UN Security Council (UNSC) for2020-2021.
The country excellently fulfilled the tasks inthe UNSC presidency last January, they said, adding that this successfulperformance was an important initial result that will benefit its participationin the UNSC in the time ahead.
Regarding the fight against the COVID-19pandemic, the newspapers said the UN and many countries around the world haveexpressed their admiration for Vietnam’s accomplishments.
So far, the Southeast Asian nation hasn’trecorded any deaths from the coronavirus disease and, like Egypt, it has sentmedical supplies to the countries hit hard by the COVID-19 outbreak.
In terms of bilateral cooperation, the Egyptianmedia highlighted that the two countries have enjoyed new strides in theirrelations in multiple spheres and at different levels.
Bilateral trade has reached 500 million USD,turning Egypt into the second largest trade partner of Vietnam in Africa, andthey are working towards 1 billion USD in trade turnover to help Egypt securethe No. 1 position.
Meanwhile, as the ASEAN Chair this year, Vietnamcan act as an important bridge linking Egypt with other ASEAN members, therebyhelping the Egyptian Government promote its “Look East” policy, the newspapersnoted./.
VNA
