Algiers, Algeria – Prime Minister Sifi Ghrib has urged Algerian and Vietnamese business leaders to significantly increase their efforts in establishing diverse partnerships, particularly in key sectors of mutual interest.
Speaking in Algiers on Wednesday, Prime Minister Ghrib emphasized the importance of fostering stronger economic cooperation between the two nations. He called upon entrepreneurs from both countries to be proactive in identifying and developing collaborative ventures.
“We believe there is significant untapped potential for mutually beneficial partnerships between Algeria and Vietnam,” stated the Prime Minister. “By doubling our efforts and exploring new avenues for cooperation, we can unlock these opportunities and drive economic growth in both countries.”
The Prime Minister highlighted several priority sectors where partnerships could be particularly fruitful. While he did not specify which sectors, it is understood that energy, agriculture, and technology are areas of focus for both Algeria and Vietnam.
The call for increased collaboration comes amid ongoing efforts to strengthen diplomatic and economic ties between Algeria and Vietnam. Both governments are committed to creating a favorable environment for businesses to thrive and fostering greater trade and investment flows.
This initiative signals a renewed push to diversify Algeria’s economy and attract foreign investment, while also providing Vietnamese businesses with access to new markets and opportunities.
The Prime Minister’s statement underscores the Algerian government’s commitment to building strong international partnerships and promoting sustainable economic development.
