Vietnam-Cuba Business Forum held in Hanoi

Addressing the event, Cuban Ambassador Rogelio Polanco Fuentes affirmed that Cuba will always stand alongside the Vietnamese Government and business community in their efforts to achieve the challenging target socio-economic goals.

Rice is one of Vietnam's exports to Cuba. (Photo: VNA)
Rice is one of Vietnam's exports to Cuba. (Photo: VNA)

Hanoi (VNA) – The Vietnam Chamber of Commerce and Industry (VCCI), in collaboration with the Cuban Embassy in Hanoi, and the Cuban Chamber of Commerce, held the Vietnam-Cuba Business Forum in Hanoi on April 2.

Addressing the event, Cuban Ambassador Rogelio Polanco Fuentes affirmed that Cuba will always stand alongside the Vietnamese Government and business community in their efforts to achieve the challenging target socio-economic goals.

He expressed his hope that Vietnam-Cuba relations and cooperation between their businesses will continue to grow, entering a new phase of comprehensive, effective, practical, and sustainable collaboration.

VCCI Vice Chairman Hoang Quang Phong affirmed that VCCI, as the national agency for trade and investment promotion, will continue serving as the most active bridge, supporting businesses from both sides in seeking cooperation opportunities.

Currently, Vietnam is Cuba’s second-largest Asian trading partner, with bilateral trade in 2024 reaching 134.7 million USD. Of which, 133.36 million came from Vietnam’s exports, up 184.3% year-on-year. Additionally, Vietnam is the largest Asian investor in Cuba, with five major projects.

President of the Cuban Chamber of Commerce Antonio Luis Carricarte Corona said that the Cuban Government has recently introduced various policies and trade promotion programmes aimed at restarting and recovering the economy after years of difficulties.

This presents a great opportunity for foreign businesses seeking investment and business opportunities in Cuba, he stressed./.

VNA

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