Further Enhancing Vietnam-Egypt Business Relations

Wed, 25 May 2022 23:30:00  |  Print  |  Email   Share:

Vietnam and Egypt have many strong products, but the trade turnover between the two countries is still limited. VCCI President Pham Tan Cong and Ambassador of the Republic of Egypt Amal Abdel Kader Elmorsi Salama agreed that it is necessary to promote economic cooperation between the two countries in the coming time.

At the working visit with the Vietnam Chamber of Commerce and Industry (VCCI) on May 19, Ambassador of the Republic of Egypt Amal Abdel Kader Elmorsi Salama applauded the socioeconomic achievement of Vietnam in recent years and highly appreciated the increase in trade volume between the two countries despite the impact of the pandemic and looked forward to further promoting the trade and investment relations in the future.

 Ambassador Amal Abdel Kader Elmorsi Salama said that Egyptian products exported to Vietnam include vegetables and fruits; scrap iron and steel; fertilizer; chemicals, textile raw materials, leather shoes, and wheat.

The ambassador said that the potential for cooperation between the two sides is great, but the trade turnover between the two countries is still modest.

Ambassador Amal Abdel Kader Elmorsi Salama suggested the business communities of both sides participate in exhibitions and trade fairs held in both countries and establish a joint business council to advance the business connectivity.

In response, VCCI President Pham Tan Cong said that Egypt is one of the most important trade partners and a potential market of Vietnam in North Africa. The VCCI President affirmed that VCCI will work with the Egyptian Embassy and the Egyptian Chamber of Commerce to develop cooperation programs, and organize forums and seminars between Vietnamese and Egyptian businesses to enhance understanding, thereby expanding market opportunities, and further promoting trade ties.

The VCCI President also suggested that tourism is a potential field where the two sides can promote cooperation. Both countries are very famous for their culture and famous scenic spots. VCCI President Cong also hoped that the two countries will soon have direct flights to create more favorable conditions for tourism development.

At the meeting, the ambassador also proposed joint activities to be held next year in the framework of celebrating the 60th anniversary of the diplomatic relations between Egypt and Vietnam.

By: Giang Tu, Vietnam Business Forum

Source: https://vccinews.com/news/47801/further-enhancing-vietnam-egypt-business-relations.html

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