Vietnamese enterprises express strong interest in collaborating with Algeria to develop a modern and sustainable cashew industry. This shared ambition opens a new pathway for knowledge transfer, industrial development, and long-term value creation in Algeria’s emerging cashew sector.
The newly established Strategic Partnership between Vietnam and Algeria marks a historic milestone in the long-standing friendship between the two nations. During Prime Minister Pham Minh Chinh’s official visit to Algeria from November 18–20, the two countries released a Joint Statement reaffirming their commitment to strengthening political trust, expanding economic collaboration, and deepening cooperation across key sectors such as agriculture, industry, technology, and digital transformation.
As both sides aim to boost bilateral trade and develop strategic industries, the cashew sector stands out as one of the most promising areas for future partnership. With Vietnam being the world’s leading cashew processor and exporter, and Algeria seeking to enhance food-security and diversify its agricultural economy, this new strategic framework lays the foundation for transformative and mutually beneficial cooperation. Economic, trade, and investment cooperation were identified as the central drivers of the upgraded relationship.
Vietnam and Algeria expressed a shared determination to boost bilateral trade, diversify exchange goods, and explore negotiations for a Preferential Trade Agreement (PTA), gradually removing tariff and non-tariff barriers. The two sides also agreed to establish a Vietnam–Algeria Business Cooperation Working Group, encouraging enterprises from both nations to strengthen connections, explore investment opportunities, and share industry expertise. Beyond trade, the two governments are committed to expanding collaboration in energy, mining, transportation, digital technology, agriculture, and workforce training, creating a favourable environment for industrial development and technological partnerships.
In the agricultural sector, both countries emphasized the importance of sustainable development and food security. Vietnam and Algeria agreed to promote cooperation in modern agricultural practices, resource management, and climate resilience, while encouraging Vietnamese businesses to invest in agricultural complexes in Algeria. These initiatives create strong potential for Algeria to develop high-value agricultural processing industries, including cashew processing, with support from Vietnam’s globally recognized technological expertise. As Algeria looks to modernise its agricultural value chains, the transfer of advanced technology from Vietnam will play a vital role in enhancing productivity and building capacity for export-oriented industries.
Vietnam today is home to the world’s most advanced cashew processing technology, with high-precision automation systems and fully optimized production lines trusted by manufacturers worldwide. As Algeria continues to expand its agricultural and industrial sectors, collaboration with leading Vietnamese innovators will accelerate modernization in processing facilities, adoption of high-performance machinery, development of value-added products, and the establishment of sustainable, export-ready supply chains. Among these innovators, PSL Machinery stands out as a pioneering force capable of bringing world-class cashew processing solutions to the Algerian market. With more than two decades of expertise, PSL Machinery is Vietnam’s leading manufacturer and global provider of advanced cashew processing equipment and full A-to-Z factory solutions.
As Algeria seeks to strengthen its agricultural production and develop modern processing industries, PSL Machinery is well-positioned to support local investors with machinery tailored to regional conditions, complete factory layout design, professional installation and commissioning, and advanced automation solutions that significantly increase productivity and output quality.
Beyond machinery, PSL Machinery also provides comprehensive workforce training and technology transfer, ensuring long-term operational efficiency, sustainability, and competitiveness. Having built successful partnerships across Asia, Africa, and the Middle East, PSL Machinery is ready to accompany Algerian investors in building efficient, profitable, and future-ready cashew processing ecosystems. As Vietnam and Algeria embark on this new chapter of Strategic Partnership, opportunities for cooperation in technology, agriculture, industry, and cashew processing are broader than ever before. With Vietnam’s global leadership in cashew processing technology and Algeria’s strategic vision for high-value industrial development, the future holds tremendous promise for both nations.