Algiers, November 20, 2025 – The Algerian Prime Minister has issued a strong call for increased Vietnamese investment in Algeria, highlighting the potential for mutually beneficial partnerships across various sectors. The appeal underscores Algeria’s commitment to fostering stronger economic ties with Vietnam, building on a foundation of historical friendship and cooperation.
The Prime Minister emphasized Algeria’s strategic location, abundant natural resources, and ongoing economic reforms as key incentives for Vietnamese businesses. Specific sectors identified for potential investment include energy, agriculture, manufacturing, and technology. The Algerian government is actively seeking to diversify its economy and attract foreign direct investment to drive sustainable growth and create employment opportunities.
This initiative builds upon a series of recent agreements and high-level visits between the two countries. Earlier today, Sonatrach, Algeria’s national oil company, signed a significant agreement with PetroVietnam, further solidifying collaboration in the energy sector. These partnerships are poised to contribute significantly to both nations’ economic development.
DZWatch has learned that the Prime Minister’s call to action also referenced the strong historical relationship between Algeria and Vietnam, dating back to the era of President Houari Boumediene. This enduring bond serves as a solid foundation for future collaboration and economic partnership.
In related news, Ooredoo Algeria recently celebrated the winners of the 18th annual Najma Media Awards, recognizing excellence in Algerian journalism. Furthermore, President Abdelmadjid Tebboune has recently addressed the situation in Sudan and reiterated Algeria’s commitment to regional stability. The President also recently attended the Doha Summit and paid tribute to Algeria’s martyrs. Veteran freedom fighter Salah Goudjil was also honored. Algerians across the nation participated in prayers for rain today.
