EuP Group Joins High-Level Meeting Between Vietnamese Ministry of Finance and Egyptian Investment Authority
Cairo, Egypt - August 4, 2025
As part of the official state visit to Egypt by Vietnamese President Luong Cuong and a senior delegation, an important meeting took place between Mr. Tran Quoc Phuong, Vietnam’s Deputy Minister of Finance, and Mr. Yasser Ahmed Abbas, Vice President of Egypt’s General Authority for Investment and Free Zones (GAFI).
The meeting emphasized the deepening economic relationship between Vietnam and Egypt, with EuP Group (European Plastics JSC) standing out as a prime example of this successful partnership. Deputy Minister Phuong commended EuP for being among the first Vietnamese companies to invest in Egypt with a strategic, long-term approach since 2022.
Mr. Tran Quoc Phuong, Vietnam’s Deputy Minister of Finance, and Mr. Yasser Ahmed Abbas, Vice President of Egypt’s General Authority for Investment and Free Zones (GAFI).
He also praised GAFI’s efforts in fostering a transparent, business-friendly environment and for supporting international investors such as EuP. Beyond operating a manufacturing facility in Egypt, EuP is also actively assisting Vietnamese partners and suppliers in entering and expanding within the Egyptian market.
Both parties expressed a strong mutual interest in enhancing bilateral economic and investment cooperation. Deputy Minister Phuong encouraged Egypt to continue facilitating favorable conditions and to explore initiatives that would encourage Egyptian enterprises to invest in Vietnam—a growing economy with a population of nearly 100 million, comparable to Egypt’s own market.
Mr. Yasser Ahmed Abbas provided insights into Egypt’s foreign direct investment landscape and GAFI’s central role in attracting global investment. Both sides agreed on the importance of increased information exchange and proposed organizing future business promotion events—such as forums and networking sessions—in either country.
The meeting emphasized the deepening economic relationship between Vietnam and Egypt, with EuP Group (European Plastics JSC) standing out as a prime example
This high-level engagement underscores EuP Group’s influential role in Egypt and its position as a connector between Vietnamese industry and the broader Middle Eastern and African regions. As a leading Vietnamese investor in Egypt, EuP remains committed to supporting and strengthening the economic ties between the two nations.
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