Algiers (VNA) - The Vietnamese Embassy in Algeria held a working trip to Constantine and Bordj Bou Arreridj provinces from July 21-23 to explore market potential, promote trade and foster connections between Vietnamese and Algerian firms.
Meeting Governor of Constantine Abdelkhalek Sayoda, Vietnamese Ambassador to Algeria Tran Quoc Khanh highlighted the promising spheres for bilateral cooperation, including pharmaceuticals, tourism, agriculture, construction, labour and freshwater aquaculture, as encouraged by President Abdelmadjid Tebboune.
Sayoda praised Vietnam's economic and trade achievements. He noted that both nations are at similar developmental stages and emphasised the need for enhanced economic and trade collaboration to bring Vietnam and Algeria closer together.
Expressing his desire to establish a twinned relationship with a suitable Vietnamese locality, he welcomed all forms of cooperation and encouraged people-to-people exchanges. The governor also urged Vietnamese firms to join cultural, art, and tourism events in Constantine to gain a deeper understanding of the local culture, lifestyle and people.
President of the Constantine Chamber of Commerce and Industry (CCI) Souici Larbi underlined Algeria's interest in financial cooperation with Vietnam, saying that that both Constantine and Algeria are ready to welcome Vietnamese government leaders or officials from ministries to the country to sign cooperation agreements in this field.
Larbi pointed out the interest of Constantine enterprises in industrial machinery, noting that local companies are ready to diversify their partnerships if Vietnamese firms can meet the required technical standards.
Representatives of Constantine firms also expressed interest in collaborating in personnel training for restaurants and hotels, higher education, agriculture, and business incubation via fostering partnerships between universities in Constantine and those in Ho Chi Minh City, Can Tho, and Da Nang cities of Vietnam.
In Bordj Bou Arreridj, the Vietnamese delegation was briefed on the province's investment incentives under Algeria's updated Investment Law 2022 by President of its Chamber of Commerce and Industry Belouahri Radjeh.
Vietnamese firms accompanying the delegation explored potential cooperation with local companies in pharmaceuticals, industrial machinery and equipment, construction, and labour export.
During the trip, the delegation also introduced several halal-certified products from Vietnamese companies, inviting local friends to taste these products./.
