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Vietnam, Egypt look to improve trade cooperation

by ChemOrbis Editorial Team - content@chemorbis.com
  • 19/11/2015 (15:28)
According to media reports, Vietnam and Egypt agreed to improve bilateral trade cooperation especially in the fields of oil and gas, tourism, fishery, telecommunication and fertilizer, during a visit of Vietnam’s delegation of the Party Central Committee’s Commission for External Relations to Egypt between November 16 and 17.

Data from Vietnam’s Trade Office in Egypt shows the parties’ trade value increased to nearly $400 million in 2014 from US$187 million in 2010. Of the figure, Vietnam’s export value was reported at US$380 million. The data also showed that Vietnam mainly exports mobile phones, spare parts, seafood, yarn, pepper, machines, equipment, coffee, cashew nuts, rubber and petrochemical products to Egypt while importing yarn materials, leather, plastic materials, milk and dairy products, electronics and sugar there.
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