Long-term effect on bilateral relations anticipated during President's trip to Egypt, says diplomat.
Vietnamese President Luong Cuong's state visit to Egypt from August 3 to 6, 2025, is a significant political and diplomatic event expected to create breakthroughs and elevate bilateral relations between the two countries. The visit aims to reinforce political trust, deepen traditional friendship, and open a new phase of cooperation, especially in economy and trade.
Key aspects of the visit include presidential talks with Egyptian President Abdel Fattah El-Sisi, meetings with key officials, and delivering a policy speech at the Arab League headquarters. Additionally, President Cuong will engage with the Vietnamese Embassy staff and the local Vietnamese community in Egypt.
Expected outcomes involve strengthening bilateral trade and investment links, leveraging Egypt’s strategic location as a gateway to the Middle East and North Africa (MENA) markets, and positioning Vietnam as a gateway to the ASEAN market for Egypt. Both countries aim to become strategic bridges between ASEAN and MENA regions in multilateral diplomacy, trade, investment, infrastructure connectivity, logistics, culture, education, and tourism.
This visit, the first in seven years since President Tran Dai Quang’s 2018 trip, marks a new era of growth and cooperation. In 2024, bilateral trade reached $541.36 million, and Egypt has multiple investment projects in Vietnam, underscoring the solid economic foundation for further collaboration.
Vietnam and Egypt share many geopolitical and historical similarities, a longstanding and positive political relationship, along with deep mutual affection between their peoples. This visit is a significant political and diplomatic event for both countries, symbolizing a strong commitment to creating breakthroughs and deepening the traditional friendship.
Egypt is an important market for Vietnam in the region, with bilateral trade reaching US$541.36 million in 2024, the highest in North Africa. Vietnam can access the MENA market through Egypt thanks to the latter's strategic location at the crossroads of Asia, Africa, and Europe. In return, Egypt can regard Vietnam as a gateway for exporting goods to the vast ASEAN market.
Both countries possess complementary strengths for mutual development, as both are large markets with populations exceeding 100 million and hold important geostrategic positions in the world. The ambassador affirmed that Việt Nam and Egypt boast ample potential for cooperation at both bilateral and multilateral levels.
During the visit, President Cuong will also meet with staff of the Vietnamese Embassy and representatives of the Vietnamese community in Egypt. As of late 2024, Vietnamese commercial banks had set up 46 dealer relationships with Egyptian banks, with total two-way payment and remittance transactions reaching approximately $235 million - the highest in the African region.
One Vietnamese enterprise is currently investing in Egypt with a total capital of about $30 million, while Egypt now has 22 investment projects registered in Vietnam, with a total capital of around $2.78 million. This visit is expected to have a long-term impact by accelerating bilateral cooperation and opening broader opportunities for partnership in various fields, thereby enhancing political, economic, and cultural ties between Vietnam and Egypt.
- The visit of Vietnamese President Luong Cuong to Egypt aims to strengthen political trust and deepen traditional friendship, focusing particularly on economic and trade cooperation.
- Egypt, with its strategic location, is a significant market for Vietnam, helping the latter access the Middle East and North Africa (MENA) markets, and positioning itself as a gateway to the ASEAN market for Egypt.
- Both countries aim to become strategic bridges between the ASEAN and MENA regions in multilateral diplomacy, trade, investment, infrastructure connectivity, logistics, culture, education, and tourism.
- During the visit, Vietnamese President Cuong will meet with staff of the Vietnamese Embassy and representatives of the Vietnamese community in Egypt, a move expected to further cement political and cultural ties.
- Vietnam and Egypt, both being large markets with populations exceeding 100 million and holding important geostrategic positions, possess complementary strengths for mutual development, making them ideal partners.
- The outcomes of the visit are expected to lead to an acceleration of bilateral cooperation and broader partnership opportunities, enhancing political, economic, and cultural ties between Vietnam and Egypt.
