Egyptian firms updated on Vietnam’s investment policy
Vietnam always creates favourable conditions for foreign investors, including those from Egypt, to operate in the country, Vietnamese Ambassador to Egypt Do Hoang Long said.
Cairo (VNA) – Vietnam always creates favourable conditions for foreigninvestors, including those from Egypt, to operate in the country, VietnameseAmbassador to Egypt Do Hoang Long said at an investment promotion workshop inCairo on December 20.
Duringthe event, the diplomat highlighted the potential for stronger cooperation ineconomy and trade between Vietnam and Egypt, saying that the recent State-levelvisit to Vietnam by Egyptian President Abdel Fatah El-Sisi opened a new stagein bilateral relations.
He briefed participants on Vietnam’s economicdevelopment, business environment, investment attraction policies and keyexports.
The ambassador suggested measures to promote economic and trade ties, callingon the two countries’ businesses to participate in trade fairs, exhibitions andinvestment workshops, thus seeking more business opportunities.
The Vietnamese Embassy is always willing to help Egyptian firms connect with partnersin Vietnam, he affirmed.
For his part, Secretary General of the Egyptian Business Association, Mohamed Yousef saidleaders of the two nations have agreed to enhance bilateral economic relations,which is bringing great benefits to enterprises from both nations.
Promoting trade cooperation will enhance two-way trade between the twocountries, thus strengthening bilateral ties, he added.
Yousef also took the occasion to introduce Egypt’s investment environment andpolicies.
According to Vietnamese commercial counsellor in Egypt Pham The Cuong, Vietnamhas exported a number of goods to Egypt including seafood, coffee, pepper,cashew nuts, wooden products, textiles and mobile phones. Two-way trade reached311.8 million USD in the first 11 months of this year. -VNA
Vietnam’s President Tran Dai Quang and Egypt’s President Abdel Fattah el-Sisi exchanged specific measures to enhance the bilateral cooperation in wide-ranging fields during their talks in Hanoi on September 6.
Vietnam and Egypt struck a number of cooperation agreements under the witness of Presidents Tran Dai Quang and Abdel Fattah el-Sisi after their talks in Hanoi on September 6.
President of Egypt Abdel Fattah el-Sisi began a two-day State visit to Vietnam on September 6 at the invitation of his Vietnamese counterpart Tran Dai Quang.
President Tran Dai Quang and his Egyptian counterpart Abdel Fattah el-Sisi discussed measures to promote trade and investment between the two nations during their talks in Hanoi on September 6.
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At the workshop (Source: VNA) 
