With a population of 85 million who have high demand for aquatic and farm products, Egypt is a promising market of Vietnamese enterprises.
 |
|
Prawn is one of major imports which Egypt has high demand for - Source: Fisher Trading Magazine
|
|
The Ministry of Agriculture and Rural Development on Sunday held a seminar on strengthening the Vietnam-Egypt fishery and agricultural cooperation in the Egyptian capital of Cairo.
According to statistics, the two-way trade value between Vietnam and Egypt last year was over US $200 million, up 24%.
Among Vietnamese products exported to Egypt, aquatic products account for a lion’s share. The hike is mainly attributed to stronger trade promotion through exchanges of information and business delegations, said Deputy Minister of Agriculture and Rural Development Diep Kinh Tan.
Mr. Hosam Baharia from the Federation of Egyptian Chambers of Commerce said the bilateral trade ties will develop quickly because Egypt has high demand for farm products such as coffee and tea. Egypt also acts as a bridge for Vietnamese goods to penetrate into the Middle East./.