Vietnam eyes stronger economic ties with Egypt through Hanoi-Cairo cooperation
Hanoi delegation visited Egypt to boost people-to-people ties, promote culture, and expand cooperation in trade, tourism, and local partnerships.
THE HANOI TIMES —The Vietnamese Embassy in Egypt is committed to increasing the visibility of Vietnamese products, especially those made in Hanoi, in the Egyptian market, said Vietnamese ambassador to Egypt Nguyen Huy Dung.
Speaking during a meeting with Nguyen Lan Huong, chairwoman of the Vietnam Fatherland Front Committee of Hanoi in Cairo on May 25, Dung said the embassy is working to deepen and strengthen cooperation between Hanoi and Cairo, with the broader aim of enhancing Vietnam-Egypt relations.
Chairwoman of the Vietnam Fatherland Front Committee of Hanoi Nguyen Lan Huong presents a souvenir to Ambassador Nguyen Huy Dung. Photos: The Kinh te & Do thi Newspaper
Chairwoman Huong provided an overview of Hanoi’s socioeconomic progress and outlined its key strategic development directions. She expressed hope that the embassy would continue to promote delegation exchanges, tourism collaboration, and trade, focusing on introducing Hanoi’s strong export products to Egypt.
She asked the embassy to provide detailed market insights and legal frameworks to help Hanoi-based agencies and businesses identify and pursue investment opportunities in the Egyptian market.
Hanoi's Chairwoman of the Vietnam Fatherland Front Committee, Nguyen Lan Huong, presents gifts to encourage Vietnamese students studying in Egypt.
Ambassador Dung briefed the Hanoi delegation on Egypt’s current economic landscape, bilateral relations, and areas of cooperation. As of April 2024, Egypt is still the second-largest economy in Africa, with a GDP of $347.59 billion, and it leads the continent in attracting foreign direct investment. Key sectors include tourism, oil, textiles, agriculture, food processing, chemicals, and construction.
According to Dung, Egypt is Vietnam’s largest trading partner and export market in North Africa. In 2023, bilateral trade reached $486.6 million. Vietnam exported $432 million worth of goods, primarily phone components, agricultural products, seafood, and textiles.
As of June 2024, Egypt had 22 registered investment projects in Vietnam, totaling $2.87 million. In recent years, more Vietnamese businesses have been exploring opportunities in this promising market.
Dung said that over 100 Vietnamese people currently live and study in Cairo. This stable and well-integrated community includes salaried workers, small business owners, and students.
During the visit, the delegation met with Vietnamese students studying and conducting research in Cairo. Huong encouraged the students to study hard, obey local laws, and promote a positive image of Vietnam abroad.
On the same day, the delegation paid tribute to President Ho Chi Minh and signed the condolence book for Comrade Tran Duc Luong, a former Politburo member and former President of Vietnam, who passed away on May 20, 2025, at the Vietnamese Embassy in Egypt.
