Algeria hopes for stronger economic partnership with Vietnam: Ambassador
Algeria hopes to further bolster its economic partnership with Vietnam to match the sound political ties between the two countries, according to Algerian Ambassador to Vietnam Boubazine Abdelhamid.
Algerian Ambassador to Vietnam Boubazine Abdelhamid (L) meets Vietnamese Deputy Minister of Construction Le Quang Hung, President of the Vietnam-Algeria Friendship Association (Photo: Vietnamese Embassy in Algeria)
Hanoi (VNA) – Algeria hopes to further bolster its economic partnership with Vietnam to match the soundpolitical ties between the two countries, according to Algerian Ambassador toVietnam Boubazine Abdelhamid.
The diplomat held that bilateral trade hasremained modest at 231 million USD in 2021, down from 360 million USD in theprevious year due to COVID-19 impacts.
In terms of investment, the Vietnam National Oil and GasGroup (Petrovietnam) is currently the only Vietnamese investor in Algeria, hesaid, stressing the need to further expand economic and trade collaborationbetween the two countries.
Algerian Ambassador to Vietnam Boubazine Abdelhamid (Photo: VNA)
Highlighting the mutual support of the two sides in thehistory, the diplomat noted that Vietnam was the first country to recognise theprovisional government of the Algerian Republic in 1958 and the first to openits embassy in Algeria in 1962 right after Algeria gained independence.
Vietnam and Algeria will celebrate the 60th anniversary of their diplomatic ties this year, which is a good chance for bothsides to specify their cooperation agreements, contributing to reinforcing anddeveloping the bilateral relations, he said.
Regarding cooperation priorities in 2022, the diplomat saidthat the two sides will organise the 12th meeting of theAlgeria-Vietnam Cooperation Committee and the Algerian Culture Week in Vietnamthis year.
Vietnamese and Algerian engineers (Photo: VNA)
Commenting on socio-economic achievements of Vietnam inrecent years, he spoke highly of the vision of Vietnamese leadersthat has been shown in proper decisions, helping Vietnam record breakthroughsteps forwards and become a success model.
Sharing his feelings about Vietnamese traditional New YearFestival (Tet), he said that he experienced the first Tet in Vietnam and wasstrongly impressed by the diversity of flowers in the festival.
He said that there are many similarities between Vietnamese Tet and Algeria’s Yennayerfestival, especially in the diversity of traditional food and decoration.
On the occasion of the Lunar New Year, the ambassador extended best wishes toVietnamese people, expressing his hope that the two countries will harvest newsuccesses in their partnership in all fields./.
The Vietnamese Embassy in Algeria and the local Centre for Research in Applied Economics in Development (CREAD) have organised a seminar on Vietnam’s economy and foreign trade in both online and face-to-face forms.
Economic and trade cooperation between Vietnam and Algeria has yet to match their political ties as well as their potential, Vietnamese Ambassador to Algeria Nguyen Thanh Vinh has said.
State President Nguyen Xuan Phuc has sent his greetings to his Algerian counterpart Abdelmadjid Tebboune on the occasion of the 67th anniversary of the Revolution Day of the African country (November 1).
A photo exhibition on popular landscapes in Algeria and Vietnam was launched in Algiers on October 30 to mark the 59th anniversary of the two countries’ diplomatic relations (October 28, 1962 – 2021).
The visits reflected the elevated position of Vietnam’s foreign policy in the new era—aimed at not only advancing ties with key regional partners like Egypt and Angola but also delivering a strategic message about Vietnam’s commitment to deepening relations with African nations as a whole.
At their talks and meetings, President Cuong and Angola’s top leaders affirmed that the close brotherhood and traditional friendship are a valuable shared asset and a solid foundation for the two nations to advance into a new phase of development.
The ruling People’s Movement for the Liberation of Angola (MPLA) attaches great importance to the friendship, solidarity, and comradeship with the Communist Party of Vietnam, and voiced her Party’s wish to further deepen and expand relations between the two sides for the benefit of the Vietnamese and Angolan people.
Vietnam pledges to do its utmost to build an ASEAN of solidarity, consensus, and unity in diversity, and to foster a fast and sustainable development path for ASEAN, grounded in science, technology, and innovation, said Prime Minister Pham Minh Chinh.
Party General Secretary To Lam called on the criminal police force to accelerate the application of science, technology, artificial intelligence, and digital transformation in criminal investigation tasks such as crime prevention, detection, tracking and verification, ensuring that no area remains out of their reach.
Many Koreans living, studying, and working in Hanoi see the upcoming state visit to the Republic of Korea (RoK) by Party General Secretary To Lam as an opportunity to generate strong synergy in economic cooperation, people-to-people exchanges, and cultural understanding.
The achievements of the five decades of Vietnam–Angola cooperation provide a strong and enduring foundation, as well as momentum for the two sides to consolidate, expand, and bring their partnership into a new phase of development.
Prime Minister Pham Minh Chinh stressed that the emulation and commendation work is a vital driver, fostering patriotism, dedication, and collective momentum in the run-up to the 11th National Patriotic Emulation Congress, Party congresses at all levels, and the 14th National Party Congress.
Emphasising the need for sustainable, long-term collaboration, National Assembly Chairman Tran Thanh Man called on Japanese investors not only to bring in capital but also to share expertise and modern technology, especially in areas such as green transformation, the circular economy, and advanced corporate governance.
President Luong Cuong's activities during his state visit to Angola, the celebration of the financial sector's 80th traditional day, and the Foreign Ministry's flag-hoisting ceremony marking the 58th founding anniversary of ASEAN are among news highlights on August 8.
Vietnamese Ambassador to Thailand Pham Viet Hung praised the Thai Ministry of Foreign Affairs’ meaningful initiative, noting that the ASEAN Family Run was not only a sporting activity but also an opportunity for diplomats and their families to show unity, connection, and solidarity within the ASEAN family.
Politburo member, Prime Minister Pham Minh Chinh on August 8 attended the first congress of the Party Organisation of Tay Ho ward of Hanoi for the 2025–2030 term, during which he called for fresh momentum to turn the ward into a model that takes the lead in all fields.
The size of the economy increased from over 5 billion USD in 1986 to over 476 billion USD by 2024, making Vietnam the fourth-largest economy in Southeast Asia and the 34th largest in the world.
The ASEAN flag-hoisting ceremony is observed by the 10 ASEAN member countries on August 8 every year, aiming to spread and promote the ASEAN identity and affirm the determination to unite and cooperate for the common aspiration of long-term peace and prosperity of Southeast Asian countries under the common roof of the ASEAN Community.
Vice Chairman of the municipal People’s Committee Nguyen Manh Cuong highlighted ASEAN’s nearly six decades of development, during which the region transformed from division to harmony, from confrontation to cooperation, and from poverty to dynamic growth, becoming a global bright spot for regional cooperation.
Thirty years ago, on July 28, 1995, Vietnam’s accession to ASEAN marked a historic strategic decision, opening a new chapter in the country’s integration process and beginning its strong rise.
Ambassador Vu Le Thai Hoang has outlined specific priorities and proposals for cooperation with the UNODA in preparation for the upcoming 11th Review Conference of the Non-Proliferation of Nuclear Weapons (NPT).
The Vietnamese Party leader's visit is therefore expected to mark a new stage in the development of the Comprehensive Strategic Partnership between the two countries, with a focus on such areas as digital transformation, supply chains, semiconductors, clean energy, and maritime security, Choe assessed.
At their meeting, which took place in the Angolan capital of Luanda on August 7 as part of State President Luong Cuong’s ongoing state visit to the African nation, the two officials also agreed to make full use of existing cooperation mechanisms, particularly the Vietnam – Angola Intergovernmental Committee, and step up exchanges of delegations at all levels.
President Luong Cuong's talks with his Angolan counterrpart João Manuel Gonçalves Lourenço, Vietnamese leader's receptions for a delegation from the Japan – Vietnam Parliamentary Friendship Alliance, and the Government's regular meeting for July are among news highlights on August 7 evening.