National Assembly (NA) Chairman Vuong Dinh Hue’s upcoming visit to Cuba will reaffirm Vietnam’s great attention to reinforcing and promoting the special solidarity and loyal friendship with Cuba, and fostering cooperation between the two legislatures as well as the bilateral partnership in all fields, according to Chairman of the NA Committee for External Relations Vu Hai Ha.
The Vietnam-Cuba business promotion forum took place in Hanoi on September 30, seeing the participation of visiting Cuban Prime Minister Manuel Marrero Cruz and Vietnamese Deputy Prime Minister Le Minh Khai.
Vietnam and Cuba sought measures to increase two-way trade to 500 million USD in 2025 during the 38th meeting of the Vietnam-Cuba Inter-Governmental Committee, held online on December 30.
The Ministry of Industry and Trade (MoIT) held a seminar in Hanoi on December 18 to provide businesses with an insight into the Vietnam-Cuba Trade Agreement, the Latin American country’s first deal with an Asian partner.
A new trade agreement between Vietnam and Cuba officially came into force earlier this month, and is expected to help bring bilateral economic, trade and investment ties on par with their sound political relationship.
Vietnam and Cuba agreed to boost the balanced development of bilateral trade and promote Vietnamese investment in the Caribbean nation during the 37th session of their Intergovernmental Committee that concluded on September 12.
Cuba welcomes and stands ready to support Vietnamese businesses and investors so as to multiply successful projects of the two countries, President of the Cuban Chamber of Commerce Orlando Hernandez has said.
General Secretary of the Communist Party of Vietnam and President Nguyen Phu Trong held talks on November 9 with President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz-Canel Bermudez following a welcome ceremony held for the Cuban leader.
Vietnamese enterprises need to devise specific business strategies and fully tap opportunities to further partner with Cuban firms, thus expanding their operation in the country, a Vietnamese official has said.
The Vietnam-Cuba Inter-Governmental Committee convened its 35th meeting in Hanoi on October 2, under the chair of Vietnamese Minister of Construction Pham Hong Ha and Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Díaz.
A seminar on the trade embargo against Cuba was held by the Vietnam-Cuba Friendship Association (VCFA) and the Cuban Embassy in Vietnam in Hanoi on October 19.
Foreign investors, including those from Vietnam, can invest in Cuba in sci-tech, industrial park and transport infrastructure development, renewable energy and biotechnology.
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