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Africa-Arab investment and trade forum: Empowering economic growth across borders

Africa-Arab investment and trade forum: Empowering economic growth across borders
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Plentiful room for cooperation between Vietnam and Africa

Ambassador Nguyen Thanh Vinh (first from the left) and some delegates at Vietnam's booth (Photo: baoquocte.vn) The forum, which was organised by the Arab-African Center for Investment and Development (CAAID), connected 650 investors, leaders of regional and international organisations, experts, and representatives of commerce chambers from 35 countries. According to the Vietnamese Ambassador, the embassy’s presence in the event is to meet and discuss with participating businesses and ambassadors about the potential for cooperation and investment in African countries as well as to introduce Vietnamese products. Trade Counselor in Algeria Hoang Duc Nhuan said that Vietnam and African countries have a lot of potential for collaboration in trade and investment, in the context of the latter implementing the African Continental Free Trade Area (AfCFTA). In 2021, trade between Vietnam and 55 African countries reached over 7 billion USD, with key Vietnamese exports to the region includ

Vietnam looks for cooperation opportunities in Africa

Vietnam’s achievements and potential for cooperation with African nations have been popularised at the 8th Edition of the Africa Forum of Investment and Commerce, which takes place in Algeria on May 11 and 12.

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