Vietnam’s export revenue to Algeria rose 37 percent year-on-year to 190 million USD in the first half of the year, according to Vietnamese Commercial Affairs Office in Algeria under the Ministry of Industry and Trade.
Rice for exports to Algeria. Vietnam's export revenue to Algeria rose 37 percent year-on-year to 190 million USD in the first half of the year. (Photo: VNA)
Hanoi (VNA) – Vietnam’s export revenue to Algeria rose 37 percentyear-on-year to 190 million USD in the first half of the year, according toVietnamese Commercial Affairs Office in Algeria under the Ministry of Industryand Trade.
Key shipments included nearly 32,000 tonnes of coffee valued at more than 68 millionUSD (up 27 percent), telephones and spare parts at more than 52 million USD (up5 percent) and nearly 26,700 tonnes of rice at 10 million USD, quadrupling thevalue in the same period last year.
Algeria is Vietnam’s second largest importer in Africa, after South Africa.
Vietnam-Algeria economic cooperation prospects are plentiful, with Algerianconsumers familiar with Vietnamese goods, while Algerian animal feed, medicineand natural minerals are sold in Vietnam.
In terms of investment, the Bir-Seba gas and oil joint venture between PetroVietnam, Sonatrach (Algeria) and PTT (Thailand) became operational in 2015,producing 18,000 barrels each day.-VNA
Algerian businesses have been updated on Vietnam’s prestigious export firms, export-import related regulations and business opportunities at a meeting with Vietnamese Ambassador to Algeria Pham Quoc Tru.
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Rice for exports to Algeria. Vietnam's export revenue to Algeria rose 37 percent year-on-year to 190 million USD in the first half of the year. (Photo: VNA) 
