Vietnam and Algeria Strengthen Bilateral Ties on Path to Sustainable Development
Vietnamese Ambassador Tran Quoc Khanh highlighted the shared goals of Vietnam and Algeria, two countries that once fought for independence but now pursue sustainable development and prosperity. In an interview, the ambassador noted that Vietnam aims to become a modern industrialized nation by 2030 and a high-income nation by 2045, while Algeria seeks to become an emerging economy by 2027. The shared goals between the two countries provide a strong motivation for enhancing cooperation, which has expanded across multiple fields, including trade, energy, and culture.
Key Takeaways:
- Vietnam and Algeria established diplomatic relations in 1962, soon after Algeria's independence, although their bonds date back to 1958 when Vietnam recognized the Provisional Government of the Algerian Republic.
- The two countries have a strong cultural exchange, with Vovinam, Vietnam's traditional martial arts, attracting over 30,000 practitioners in Algeria, mostly young people.
- Bilateral trade exceeded $300 million in the first seven months of 2025, with the Bir Seba oil and gas project being a symbol of partnership success for over a decade.
- Both countries are working to modernize the legal framework to facilitate trade and investment flows, with a new phase of cooperation expected to begin soon.
- Political trust remains strong, with frequent high-level exchanges, including Vietnam's invitation for Algerian President Abdelmadjid Tebboune for a state visit.
- The two countries have coordinated closely at multilateral forums such as the United Nations, the Non-Aligned Movement, G77, and UNESCO.
Statistics:
- Bilateral trade exceeded $300 million in the first seven months of 2025.
- Over 30,000 practitioners of Vovinam, Vietnam's traditional martial arts, are in Algeria, mostly young people.
- The Bir Seba oil and gas project operated by Petrovietnam has been a symbol of partnership success for more than a decade.
Sources:
- Vietnam News Agency