In his address at the event, Vu Ba Phu, director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade, said that amid the countries keeping borders closed to slow the spread of the novel coronavirus (COVID-19) pandemic, the event marks an important opportunity. Indeed, it can help to enhance connections among various enterprises from the three nations.
Phu added that he hoped participants would optimise this chance to explore each other’s potential and demands in order to to set up partnerships, thereby supporting each other to overcome difficulties and achieve common development.
Major Vietnamese export staples to Algeria include coffee, rice, peppercorn, seafood, steel, computers, electronics and spare parts, and equipment, while the country imports pharmaceuticals, minerals, and animal feed from the North African nation.
Furthermore, Vietnamese trade exchanges with Senegal reached a mere US$95 million in 2019.
The nation primarily exported such as rice, pepper, confectionery, cereal products, mobile phones and spare parts, textiles, vegetables, and seafood to Senegal, while importing cashew nuts, animal feed and raw materials, along with cotton.