Vietnam promotes trade, investment ties with Algerian province hinh anh 1The delegation of the Vietnamese Embassy in Algeria visits a agricultural product processing and exporting company in Médéa province on July 30 (Photo: VNA)

Algiers (VNA) – The Vietnamese Embassy in Algeria held a meeting to introduce potential for bilateral cooperation and trade and investment ties between the two nations in Médéa province on July 30.

The event was attended by leaders of the Médéa Chamber of Commerce and Industry and about 50 local businesses.

In his speech, Vietnamese Ambassador Pham Quoc Tru noted the countries’ long-standing friendship, stressing the potential fields they can enhance partnerships in, including agriculture, industry and tourism.

He called for stronger cooperation to boost bilateral trade as expectations of senior leaders of both nations.

Médéa entrepreneurs asked for more information about the Vietnamese market, especially investment procedures and import tariffs. They said they want to increase collaboration with the Vietnamese side to export agricultural products (grapes, apples, olive oil, wine and chicken), ceramics, animal food, apparel and footwear to the Southeast Asian nation.

Benrekia Mohamed, Chairman of the Médéa Chamber of Commerce and Industry, called on Vietnamese companies to step up investment in the province, particularly in mining, processing farm produce and sharing experience in ceramics production.

Tru said the Vietnamese Embassy will provide the best possible conditions to help the two sides’ businesses strengthen connections and bolster trade and investment.

He also invited Médéa travel firms to take part in the Vietnam-Algeria tourism cooperation forum, scheduled to be held in Algiers this November.

Also on July 30, the embassy’s officials visited ECD Foods, an agricultural product processor and exporter in Médéa, whose leaders also expressed interest in the Vietnamese market and asked for favourable conditions to promote trade ties with Vietnamese companies.–VNA