Despite being one of the primary supply sources for Senegal – a country with one of the highest per capita rice consumption rates in West Africa, Việt Nam''s rice exports to this nation remain modest.
The Trade Office of Vietnam in Algeria coordinated with the Bab Ezzouar Commercial Centre in Algiers to organise an event to promote Vietnamese coffee products.
Hoang Duc Nhuan, commercial counsellor of Viet Nam in Algeria, introduced to Algerian firms Viet Nam’s economic potential and key exports, as well as the two nations’ trade and investment ties.
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.
More than 200 businesses from Algeria, Senegal and Viet Nam operating in various sectors joined an online trade exchange among the three countries on April 5 and 6.
More than 100 representatives of organisations and enterprises from Viet Nam, Algeria and Senegal are expected to attend a virtual matchmaking seminar on farm produce among the three countries next month.
The Viet Nam Trade Office in Algeria urged Vietnamese exporters to be careful when doing business with African partners to tap the opportunity of exporting to this potential market.
Viet Nam this year would have opportunities to continue increasing rice exports to Senegal, as well as Africa as a whole, due to high demand from those markets.
Vietnamese Trade Counsellor in Algeria Hoang Duc Nhuan attended the 8th International Exhibition of Fishing and Aquaculture (SIPA 2019), seeking to promote trade and investment with Algeria.
Currently, Algeria is conducting all the necessary procedures to export dates to Viet Nam. In particular, some Algerian enterprises have found Vietnamese partners to negotiate conditions to distribute this fruit to Viet Nam.
Viet Nam’s exports to Algeria continued to grow by 29 per cent year-on-year to US$208 million in the first seven months of 2017, according to the General Department of Customs.
Enterprises in Viet Nam and Algeria will explore more business and trade opportunities with each other, said Vietnamese Ambassador to Algeria Pham Quoc Tru who led a delegation from the Embassy of Viet Nam visiting Oran City, Algeria.