Algerian province wants to boost cooperation with Vietnam in different fields
The authorities and businesses from Constantine province of Algeria want to step up cooperation with Vietnam and learn from the country’s experience in such areas as aquaculture, tourism, and garment-textile, said Riad Larkem, a representative from the province’s Rhummel Chamber of Commerce and Industry (CCIR).
The Vietnamese Embassy in Algeria holds a photo exhibition and trade fair, introducing Vietnamese products and goods to Algerian people. (Photo: VNA)
Algiers (VNA) – The authorities and businessesfrom Constantine province of Algeria want to step up cooperation with Vietnamand learn from the country’s experience in such areas as aquaculture,tourism, and garment-textile, said Riad Larkem, a representative from the province’sRhummel Chamber of Commerce and Industry (CCIR).
Larkem made the statement at a working session with theVietnam Trade Office in Algeria on October 27.
The CCIR representative also emphasised that, in July, Algerian PresidentAbdelmadjid Tebboune issued a new investment law with many changes inregulations and incentives for investment in priority sectors, including agriculture,mining, healthcare, remote services, and tourism, in order to attract foreigninvestment.
Hoang Duc Nhuan, Commercial Counsellor of Vietnam in Algeria, introducedto Algerian firms Vietnam’s economic potential and key exports, as well as the two nations’ trade and investment ties.
On this occasion, Vietnamese farm produce exporter Rong DongDuong met with local businesses and introduced its products such as peppercorns,coffee, and turmeric powder. According to CCIR data, the spice market in thisNorth African country is relatively large with an import volume of more than30,000 tonnes of spices per year.
While in Constantine, the Vietnamese delegation also visitedan international exhibition of food and packaging industry products./.
The Vietnam Trade Promotion Agency (VIETRADE) under the Ministry of Industry and Trade on July 13 held a virtual conference to promote Vietnam-Algeria trade and business cooperation.
Vietnamese Ambassador to Algeria Nguyen Thanh Vinh showed his belief in the future growth of the two nations’ ties across fields, at a recent ceremony marking Vietnam’s 77th National Day (September 2, 1945-2022) in Algeria.
Vietnam and Algeria have enjoyed sound traditional friendship over the past six decades, Algerian Ambassador to Vietnam Boubazine Abdelhamid said in an interview granted to Vietnam News Agency on the occasion of the 60th anniversary of the Vietnam-Algeria diplomatic relations.
The Vietnam – Algeria Friendship Association (VAFA) hosted a ceremony in Hanoi on October 27 to celebrate the 60th founding anniversary of the Vietnam – Algeria diplomatic ties (October 28, 1962-2022).
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
While German consumers are familiar with Vietnamese products such as coffee, seafood, tea, and spices, many other quality items remain relatively unknown in the market. The Selgros event not only helped introduce Bac Giang lychee to German consumers but also provided them with the opportunity to experience other Vietnamese agricultural products.
The article by Cuba’s Inter Press Service detailed how Vietnamese private enterprise Agri VMA leased 1,000 ha of land in Los Palacios district, Cuba’s westernmost province of Pinar del Río, for rice cultivation over a three-year period. The project’s first harvest in 2025 recorded an impressive yield of 7.2 tonnes per hectare, far exceeding the local average of 1.6 tonnes.
During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
A Nordic delegation to Vietnam International Sourcing 2025 in September will feature leading names in retail, consumer goods, logistics, and sustainable manufacturing, including global fashion giant H&M, offering fresh prospects for partnerships in fashion, textiles, and green supply chains.
With the current trading band of +/- 5%, the ceiling rate applicable for commercial banks during the day is 26,276 VND/USD and the floor rate 23,774 VND/USD.
Effective from the date of signing on June 18, the decision halts procedures outlined in the 2005 Memorandum of Understanding (MoU) between the governments of Vietnam and Laos on the initial implementation of the Greater Mekong Subregion (GMS) Cross-Border Transport Facilitation Agreement at the Lao Bao–Densavan border gate.
The event aimed to update businesses on new regulations and compliance requirements regarding US tax, trade, and customs policies, while offering practical solutions to facilitate exports amid shifting trade dynamics.
The Vietnamese Embassy in Algeria holds a photo exhibition and trade fair, introducing Vietnamese products and goods to Algerian people. (Photo: VNA) 
