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Vietnamese Businesses Showcase Products at African Investment and Commerce Forum

2024-05-05 16:53:31.301000

Vietnamese businesses had the opportunity to showcase their products at the 10th African Investment, Commerce Forum (AFIC10) held in Algiers, Algeria. The event, which took place on May 4 and 5, brought together around 800 delegates from 39 countries and territories, highlighting the importance of implementing the African Continental Free Trade Agreement (AfCFTA) and promoting increased intra-regional trade. The Vietnamese Embassy and the Vietnam Trade Office in Algeria set up a booth to display a range of Vietnamese products, including coffee, pepper, cashew nuts, macadamia nuts, coconut rice, pharmaceuticals, and handicrafts. This participation aimed to further strengthen trade ties between Vietnam and Algeria. In the first quarter of this year, Vietnam's export turnover with Africa increased by 31.7%, with the trade figure between Vietnam and Algeria reaching $75 million, a 16% year-on-year increase [6e0e6694] [02b5c9dc].

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