Viet Nam, Algeria share entrepreneurship experience

An international conference with the theme of “Algerian economy with a vision to 2030” was organised for the first time in Skikda province on September 25-26, aimed to promote entrepreneurship among young Algerians.
Viet Nam, Algeria share start-up experience
Hoang Duc Nhuan, Trade Counselor in Algeria (second from left) along with other delegates visit pavilions as part of the seminar.

The conference was organised by the Algerian Youth Association, under the auspices of the Minister in charge of entrepreneurship in Algeria and the Governor of Skikda province, a southern locality that holds potential in oil, agriculture, tourism and seaports.

It attracted a large number of local officials, business leaders and representatives of a number of embassies and diplomatic missions in Algeria such as Poland, Uganda and Zimbabwe.

According to Abdelmalek Benlaouar, President of the Algerian Youth Association, the conference provided an opportunity to enhance the spirit of business among young people and enabled the emergence of a new generation of entrepreneurs and project leaders who have the capacity and ability to penetrate new markets.

It aimed to realise the ambitions of young people, especially business owners who play an important role in promoting national production and exploring foreign markets, and can create a new impetus for the Algerian economy, especially in the post-COVID-19 period, he said.

Benlaouar said the conference was an opportunity to help the country increase exports of non-petroleum products through the signing of trade and investment agreements.

Addressing the event, Vietnamese Trade Counselor in Algeria Hoang Duc Nhuan talked about bilateral trade and investment relations between Viet Nam and Algeria, sharing experience and information about the startup environment in Viet Nam as well as measures of the Vietnamese government in supporting young people and start-ups in innovation and creativity, especially in the fields of science and technology, e-commerce, media and entertainment.

Nhuan also had meetings with the Director of the Department of Commerce, the President of the Chamber of Commerce as well as businesses of Skikda province to discuss cooperation and investment opportunities between the two countries.

An exhibition displaying local and foreign products in information technology, electronics, farm produce and traditional clothes also took place within the framework of the international conference.

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(Source: VNA)