Egyptian firms updated on Vietnam’s investment policy

A workshop themed Egypt’s business opportunities in Vietnam was held on Wednesday by the Embassy of Vietnam in Cairo and the Egyptian Business Association.

The event informed enterprises about Vietnam’s business climate, trade policies, and principal exports. Vietnamese Ambassador to Egypt Do Hoang Long said: “We came up with valuable initiatives to boost trade deals signed by Vietnam and Egypt. 3 major aspects were under the spotlight. First, we need to exchange timely information between enterprises. Second, we need to find the resoruces to implement the deals. Third, media plays an important role in promoting the images of both countries, particularly their businesses.”

Trade between Vietnam and Egypt totalled 350 million USD this year, 10% more than 2016. It is expected to reach 1 billion USD since both countries have significant untapped potentials and advantages.

Source: VOV5