Representatives of around 30 Egyptian companies have expressed their wish to seek Vietnamese partners as well as increasing the import of agricultural and aquatic products from the Southeast Asian country.

Speaking at a workshop on the Vietnamese market’s potential in Cairo on November 10, General Director of the ALMEN Export Company Ahmed Elsheikh said that his company has established partnership with a number of Vietnamese businesses in Hanoi, Ho Chi Minh City and Vinh city of Nghe An province for a decade, and imported 3 million USD of goods each year.

Vietnam’s seafood and agricultural products have big potential in Egypt. (Photo for illustration)

Meanwhile, Chairman of Arabian Home (AH) Ibrahim Mossalm said he is seeking partners in Vietnam for the transfer of harvesting technology.

He highly valued Vietnamese goods, saying that Arabian Home is importing rice from Vietnam and eyeing the upcoming Vietnam international seafood exhibition (Vietfish) to introduce its advanced technology.

Vietnamese Ambassador to Cairo Dao Thanh Chung briefed participants on Vietnam’s achievements in its renewal process, the strength of the agricultural sector and potential for cooperation between the two countries.

Hoang Duc Nhuan from the Vietnam Ministry of Industry and Trade updated the attendees on the country’s key agricultural and aquatic products.

In the first nine months of this year, Vietnam’s export turnover to Egypt rose nearly 71 percent to over 282 million USD, of which seafood made up 20 percent, according to the Vietnamese ministry.

Key exports to Egypt included frozen fish fillets, fibre, pepper, cashew nuts, and rubber.

At the workshop, many businesses asked Vietnam’s ministry and relevant agencies for tighter control on the quality while taking measures against trade fraudulence.

Source: VNA