Vietnam, Tunisia promote trade cooperation

The Vietnam Trade Office in Algeria and Tunisia last week coordinated with the Tunisian Union of Industry, Trade and Handicrafts (UTICA) to organise a conference to connect Vietnamese businesses and their peers in in Tunis.
Workers make garment products for export in a company in the northern province of Ha Nam. (Photo: VNA)

Workers make garment products for export in a company in the northern province of Ha Nam. (Photo: VNA)

The event saw the participation of representatives from several local ministries, sectors, and 60 businesses of the two countries. It was one of the activities in the working visit by the trade office delegation to Tunisia from September 30 to October 4.

Speaking at the event, Secretary General of Tunisian Federation of Textiles and Clothing Noha Dallagi said that although Tunisia is a small country with an area of 163,610 sq.m and a population of about 12.5 million people, it is one of the most dynamic and competitive economies in the African-Arab region, deeply integrated into the international community and has a convenient location with Europe, just 140 km away.

The country has participated in eight multilateral and bilateral free trade agreements (FTAs). Therefore, it can be considered a gateway for goods from countries, including Vietnam, to penetrate the African and Arab markets, especially the North African region.

Each year, Tunisia imports about 30,000 tons of raw coffee, mainly robusta coffee, and 30,000 tonnes of rice, while importing commodities such as rice, sugar, coffee, and green tea.

On this occasion, she called on businesses from both sides to actively learn about each other's advantages to strength cooperation.

She also called on Vietnamese businesses to study the possibility of investing, establishing joint ventures and partnerships with Tunisian partners in areas such as processing, new technology, marine fish farming.

Hoang Duc Nhuan, Vietnamese Trade Counselor in Algeria and Tunisia, briefed the participants on Vietnam’s economic and trade situation, import-export policies, and Vietnam- Tunisia relations. Vietnam exports to Tunisia items such as raw coffee, pepper, cashew nuts, seafood, machinery and equipment, razors, fabrics, and footwear, while importing seafood, dates, chemicals, plastic products, clothing, and raw materials for animal feed production.

At the conference, it was assessed that trade cooperation between the two countries is still modest, not commensurate with the potential because their businesses have not paid due attention to each other's markets. Businesses also pointed out difficulties they are facing including the recent high prices of some Vietnamese export products such as coffee or pepper, the sharp increase in transportation costs due to conflicts in the Middle East, and Tunisia's focus on the European Union (EU) and Africa markets due to geographical proximity and free trade agreements.

en.vietnamplus.vn

Related News

Latest News

Party chief’s article emphasises building of streamlined, effective political system

Party chief’s article emphasises building of streamlined, effective political system

Party General Secretary To Lam has freshly penned an article on building an elite, streamlined, strong, efficient, valid and effective political system.
Vietnam makes bold step to improve business climate: VCCI report

Vietnam makes bold step to improve business climate: VCCI report

Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms, according to the latest survey by the Vietnam Chamber of Commerce and Industry (VCCI).
Vietnam among top three ASEAN countries in term of industrial competitiveness

Vietnam among top three ASEAN countries in term of industrial competitiveness

Vietnam is expected to be among the top three Southeast Asian countries in terms of industrial competitiveness by the end of this decade, as outlined in an action programme issued by the Ministry of Industry and Trade (MoIT) this week.
Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam's signing of the World Trade Organisation (WTO) accession protocol in Geneva on November 7, 2006, and its subsequent entry as the organisation's 150th member on January 11, 2007, marked a pivotal turning point in the nation's development. Over the past 18 years, this membership has strengthened Vietnam’s position in global value chains while demonstrating its strong commitment to international economic integration.

More News

PM arrives in Kunming, beginning activities in China

PM arrives in Kunming, beginning activities in China

Prime Minister Pham Minh Chinh and his entourage arrived at Kunming Changshui International Airport in China’s Yunnan province on November 5 morning, starting their working trip to attend the 8th Greater Mekong Sub-region (GMS) Summit and hold bilateral activities in the country.
Prime Minister to attend 8th Greater Mekong Subregion Summit

Prime Minister to attend 8th Greater Mekong Subregion Summit

Prime Minister Pham Minh Chinh will lead a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit in Kunming, China’s Yunnan province, from November 5 to 8, at the invitation of Chinese Premier Li Qiang.
PM's visit a significant milestone in Vietnam – Qatar relations: Vietnamese FM

PM's visit a significant milestone in Vietnam – Qatar relations: Vietnamese FM

Deputy Prime Minister and Foreign Minister Bui Thanh Son has granted and interview to Qatar's Asian Telegraph Newspaper on the outcomes of Prime Minister Pham Minh Chinh's visit to the Middle Eastern country from October 30 to November 1, as well as the cooperation prospects between the two countries.
Cuban top legislator concludes Vietnam visit

Cuban top legislator concludes Vietnam visit

Politburo member of the Communist Party of Cuba and President of the National Assembly of People’s Power Esteban Lazo Hernandez and the Cuban delegation successfully concluded their visit to Vietnam on November 3.
State President welcomes top legislator of Cuba

State President welcomes top legislator of Cuba

State President Luong Cuong met with Politburo member, President of the National Assembly of People’s Power, and President of the Council of State of Cuba Esteban Lazo Hernandez in Hanoi on November 2.
Remove "bottlenecks" for economic breakthrough

Remove "bottlenecks" for economic breakthrough

VCN - In recent articles and speeches, General Secretary and President To Lam has repeatedly mentioned that the country is facing a new era of national growth. General Secretary and President To Lam also requested that the “bottlenecks” of the economy must be quickly removed, creating innovation and breakthroughs to complete the set tasks.
Int’l organisations, experts remain optimistic about Vietnam's economic outlook

Int’l organisations, experts remain optimistic about Vietnam's economic outlook

International organisations and experts have made positive comments on the Vietnamese economy, affirming their optimism about Vietnam's economic outlook.
Party chief clarifies major issues on new era of nation

Party chief clarifies major issues on new era of nation

Prof. Dr. To Lam, General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee on October 31 had a discussion with participants of a training course for officials planned for the 14th Party Central Committee, focusing on a number of issues on a new era – the era of the nation’s rise.
Vietnam, others call on US to immediately end embargo against Cuba

Vietnam, others call on US to immediately end embargo against Cuba

Vietnam calls on the US to immediately end its embargo against and remove Cuba from the list of state sponsors of terrorism, moving towards normalising relations between the two countries based on equality, mutual respect, and respect for each other's national sovereignty and political independence, stated Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.
Read More

Your care

Latest Most read
Party chief’s article emphasises building of streamlined, effective political system

Party chief’s article emphasises building of streamlined, effective political system

Party General Secretary To Lam has freshly penned an article on building an elite, streamlined, strong, efficient, valid and effective political system.
Vietnam makes bold step to improve business climate: VCCI report

Vietnam makes bold step to improve business climate: VCCI report

Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms, according to the latest survey by the Vietnam Chamber of Commerce and Industry (VCCI).
Vietnam among top three ASEAN countries in term of industrial competitiveness

Vietnam among top three ASEAN countries in term of industrial competitiveness

Vietnam is expected to be among the top three Southeast Asian countries in terms of industrial competitiveness by the end of this decade, as outlined in an action programme issued by the Ministry of Industry and Trade (MoIT) this week.
Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam’s WTO journey: From economic integration to global trade powerhouse

Vietnam's signing of the World Trade Organisation (WTO) accession protocol in Geneva on November 7, 2006, and its subsequent entry as the organisation's 150th member on January 11, 2007, marked a pivotal turning point in the nation's development. Over the past 18 years, this membership has strengthened Vietnam’s position in global value chains while demonstrating its strong commitment to international economic integration.
PM arrives in Kunming, beginning activities in China

PM arrives in Kunming, beginning activities in China

Prime Minister Pham Minh Chinh and his entourage arrived at Kunming Changshui International Airport in China’s Yunnan province on November 5 morning, starting their working trip to attend the 8th Greater Mekong Sub-region (GMS) Summit and hold bilateral activities in the country.
Mobile Version