Business

Vietnam, Tunisia promote trade, mutual cooperation

A delegation from the Vietnamese Trade Office in Algeria and Tunisia is making a working trip to Tunis from October 31 to November 5 to discuss the current state of trade cooperation between Vietnam and Tunisia and measures to promote bilateral relations.
Vietnam, Tunisia promote trade, mutual cooperation ảnh 1Trade Counselor Hoang Duc Nhuan at his meeting with representatives of the the Tunisian Ministry of Trade and Export Development's division for commerce. (Source: Vietnam Ministry of Industry and Trade)
Hanoi (VNA) – A delegation from the VietnameseTrade Office in Algeria and Tunisia is making a working trip to Tunis from October31 to November 5 to discuss the current state of trade cooperation betweenVietnam and Tunisia and measures to promote bilateral relations.

Trade Counselor Hoang Duc Nhuan joined working sessions with officials of the Tunisian Ministry of Trade and Export Development and of the Ministry of Foreign Affairs, Migration and OverseasTunisians. He also met with President of the TunisianConfederation of Industry, Trade and Handicrafts (UTICA) Samir Majoul.

On November 2, the delegation and UTICA jointly held awebinar for trade networking, with the participation of representatives fromseveral Tunisian ministries and industries as well as 60 companies from bothcountries.

Addressing the event, UTICA Vice President Slim Ghorbelcalled on Vietnamese businesses to invest, collaborate, and partner withTunisian peers in such fields as processing industries, new technologies, and marinefish farming. These would enable the sides to leverage Tunisia's strategiclocation, abundant resources, modern infrastructure, and highly skilled labour forexports to other countries in the region.

He also suggested Vietnam should consider importingTunisia's strong products like dates, olive oil, and phosphates. UTICA plans tosend a trade promotion delegation to Vietnam in the first half of 2024 toorganise a business forum between the two countries and showcase Tunisia'sstrong products.

Commercial collaboration remainsmodest and has fallen short of its potential, so the Vietnamese diplomat attributedthis to inadequate interest of business communities in each other'smarkets.

Tunisia's trade mainly focuses on the EU and Africa dueto geographical proximity and existing free trade agreements. To promotebilateral economic relations and trade, Vietnam and Tunisia need to activelyrun promotional activities and raise awareness on potentialsand strengths, Nhuan recommended.

Trade between the two reached approximately 66 million USD lastyear and close to 70 million USD in the first nine months of 2023. Vietnamexported raw coffee, pepper, cashews, fishery products, and machineryto Tunisia, while importing seafood, dates, chemicals, plastics, clothing, andanimal feed ingredients from the market.

The countries signed a trade agreement in 1994, in which theycommitted to granting each other most favoured nation status, an economic,cultural, scientific and technical cooperation agreement in 1999, and a frameworkagreement on agricultural cooperation in 2002./.
VNA
#Vietnam #Tunisia #promote trade #mutual cooperation #Hoang Duc Nhuan #Tunisian Confederation of Industry #Trade and Handicrafts #UTICA #vietnam news agency #vietnamplus Tunisia Vietnam
Follow VietnamPlus

Related News

Vietnam, Tunisia look to boost trade ties

Vietnam, Tunisia look to boost trade ties

An online conference to promote trade cooperation between Vietnam and Tunisia took place on June 30, attracting the participation of representatives from 100 businesses of the two countries operating across fields.
Vietnam, Tunisia step up trade collaboration

Vietnam, Tunisia step up trade collaboration

Vietnam’s Trade Counsellor in Algeria and Tunisia Hoang Duc Nhuan had meetings with representatives from various departments of Tunisia between November 27 and December 2 with a hope to intensify bilateral trade ties.

See more

The Ngoc Hoi interchange project in Tay Nha Trang ward, Khanh Hoa province, with some items yet to be completed (Illustrative photo: VNA)

Over 60% of long-stalled projects have obstacles resolved

Of the 8,002 long-stalled projects, 4,938 completed the settlement of obstacles in line with conclusions of the Party Central Committee and resolutions of the National Assembly and Government, as well as relevant Government decrees and guiding documents as of July 20, up 564 projects from the previous month.

The Vietnam National Railway Group will operate as a multi-sector economic group, with its business portfolio expanded to 110 sectors. (Photo: VNA)

Vietnam Railways Corporation becomes Vietnam National Railway Group

The group inherits all rights, obligations and responsibilities of the Vietnam Railways Corporation in accordance with the laws on railways, enterprises, and management and investment of state capital in enterprises, and other relevant legal provisions, as well as existing agreements, documents and contracts signed with related parties in accordance with the law.

Coffee production process at Ngon Avatar Co., Ltd. meets the requirements for official exports to New Zealand and several European markets. (Photo: VNA)

Vietnam, New Zealand seek new impetus for trade ties

The state visit to New Zealand by General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President To Lam is expected to provide fresh impetus for market opening, removal of trade barriers and stronger economic links following the elevation of bilateral relations to a Comprehensive Strategic Partnership in February 2025.

A road in Ho Chi Minh City. (Photo: VNA)

Ho Chi Minh City to integrate IoT into smart transport infrastructure

To promote IoT application in smart transport, the Ho Chi Minh City People's Committee Chairman has assigned the Department of Construction to lead the deployment of IoT in the construction, management, operation and maintenance of transport infrastructure. The department will also review and propose integrating IoT sensors and smart monitoring devices into transport construction, renovation and upgrading projects across the city.

Online promotion of lychee and other key agricultural and OCOP products from Bac Ninh province. (Photo: VNA)

Vietnam tightening e-commerce management

Amid the rapid expansion of online commerce, closely linked to consumption, exports, logistics, electronic payments and the digital economy, the legislation is expected to shape the sector’s sustainable future while ensuring a balance between State management, consumer rights and business interests.

At the 19th Ho Chi Minh City International Travel Expo (ITE HCMC 2025) (Photo: VNA)

ITE HCMC 2026 to connect Vietnam's tourism with the world

From its early editions in 2005-2010, which attracted around 210 exhibitors and 120 international buyers from 18 countries, ITE HCMC has grown significantly. This year's event is expected to feature more than 520 exhibitors and brands, 260 international buyers from over 40 countries and territories, and more than 21,000 pre-arranged B2B appointments.

Checking tickets before passengers board the train at Hai Phong Station. (Photo: VNA)

Vietnam-China rail link prioritised to boost trade

The Ministry of Construction said it has tasked the Vietnam Railway Authority with working alongside relevant Chinese agencies to develop detailed plans for the Hai Phong–Ha Long–Mong Cai railway, which is slated for completion in 2026.