Event planned to promote trade with Algeria

July 12, 2022 - 08:41

A virtual conference will be held on Wednesday and Thursday to promote trade and business links between Vietnamese localities, enterprises and cooperatives with potential partners in Algeria.

Việt Nam’s exports to Algeria stood at $151.1 million last year and $65.2 million in the first five months this year. — VNA/VNS Photo

HÀ NỘI — A virtual conference will be held on Wednesday and Thursday to promote trade and business links between Vietnamese localities, enterprises and cooperatives with potential partners in Algeria.

The event is part of the national trade promotion programme this year. Around 40 Vietnamese and Algerian businesses are expected to attend. B2B sessions will be arranged for participating companies.

According to statistics of the Ministry of Industry and Trade, Việt Nam’s exports to Algeria, the fourth largest economy in Africa, were modest at US$151.1 million last year, and reached $65.2 million in the first five months this year, up 17.6 per cent year on year.

Coffee tops Việt Nam’s exports to Algeria, accounting for 65 per cent of the total export value. Other main export items are rice (16 per cent), spices such as pepper bean and cinnamon, cashew nuts and aquatic products. — VNS

Tags Vietnam-Algeria trade relation economic cooperation

Việt Nam needs development of green products exported to UK

Economy

UK’s carbon tax to affect VN exports

Economy

Việt Nam expects to officially export passion fruit to the US next year

Economy

VN faced with increasing trade defence investigations on rising protectionism

Economy

Experts point out economic growth drivers, challenges for next year

Economy

Thái Nguyên supports businesses to take advantage of UKVFTA to expand exports to UK

More on this story

Economy

HCM City promotes meeting, incentive, convention, exhibition tourism

After a long lull due to the COVID-19 pandemic, HCM City is seeing increasing demand for MICE tourism (meeting, incentive, convention, exhibition) from both Vietnamese and foreign customers.

Economy

Shares slide on worries over market rumours

Vietnamese shares started the week lower, gripped by investor concerns over recent rumours about bans on a high-profile corporate leader, fuelling a sell-off focusing on large-cap stocks.

Economy

HCM City approves 50% port infrastructure fee cut

Port infrastructure fees for international goods transported by inland waterways in and out of HCM City will be cut by half from August 1.

Economy

Bến Tre Province focuses on sustainable aquaculture, fisheries development

The Mekong Delta province of Bến Tre will develop its fisheries with a focus on processing, modernisation and deeper integration into global value chains, according to its People’s Committee.

Economy

Securities company profits go backwards amid the decline of market

Securities companies expect to have a less positive second quarter earning season, following the gloomy outlook of the stock market.

Economy

Over 182 million FPT shares start trading from July 19

The Hồ Chí Minh Stock Exchange has approved FPT Corporation to list more than 182.8 million shares from July 11.

Economy

VN collects taxes from Microsoft, TikTok, Netflix

Many major foreign network service providers such as Facebook, Microsoft, TikTok, Netflix have directly registered, declared and paid taxes online into the Vietnamese budget.

Economy

Bright prospects for EU-Việt Nam trade

The EU has always been the most important partner of Việt Nam as the latter has always been an attractive investment destination for European firms.

Economy

City eyes public-private partnership infrastructure investment

HCM City is seeking to attract investment in infrastructure under public-private partnerships (PPP) as part of a commitment to creating a fair and flexible mechanism to harmonise the benefits of both the administration and investors, a city official said.