Business

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
#Vietnam-Cuba Business Forum #VCCI #Cuban Embassy in Hanoi #Vietnam-Cuba relations Cuba
Follow VietnamPlus

Post-pandemic recovery

Related News

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona. (Photo: VNA)

Cuban commerce official optimistic about bright future of Vietnam-Cuba cooperative ties

President of the Cuban Chamber of Commerce (CCC) Antonio Luis Carricarte Corona hailed Vietnam as Cuba’s second-largest trading partner in Asia and its top investor, spotlighting its foothold in the Mariel Special Development Zone via Viglacera. This zone, he noted, is set to become a pivotal hub for Vietnamese investment in the years ahead.

See more

Hyundai Thanh Cong automobile manufacturing and assembly plant in Ninh Binh province. (Photo: VNA)

Vietnam reports 95% jump in January auto sales

Passenger cars accounted for the lion’s share of the gain, with 26,102 units sold. Commercial vehicles contributed 10,312 units, while special-purpose vehicles totaled 461 units.

The forest database will be completed by the end of this year, adapting to the EU Deforestation Regulation (Photo: VNA)

Forest databases for EUDR implementation to be completed in 2026

Localities nationwide are required to complete the development and publication of provincial-level forest boundary databases and maps as of December 31, 2020, by the end of this year, as part of Vietnam’s efforts to adapt to the EU Deforestation Regulation (EUDR).

PM Pham Minh Chinh announces the establishment of the Vietnam International Financial Centre in Ho Chi Minh City. (Photo: VNA)

PM announces launch of Vietnam Int'l Financial Centre in Ho Chi Minh City

The Vietnam International Financial Center in Ho Chi Minh City and Da Nang will gradually assert Vietnam's position on the global financial map and make a substantial contribution to achieving the 2-digit growth target set by the 14th National Party Congress in the coming years, towards realising the 100-year strategic goals, said PM Pham Minh Chinh.

Duong Thi Lap's garden has 200 kumquat trees ready for Tet (Photo: VNA)

Tet bloom markets: rising demand, stable prices

Across Vietnam, key farming hubs for flowers and ornamental plants are buzzing with activity as the Lunar New Year (Tet) approaches, with farmers robust plant health, eye-catching designs, surging consumer demand, and broadly stable pricing.

Retail sales of goods in January estimated at 487.4 trillion VND (Photo: VNA)

Total retail sales of goods, service revenue up 9.3% in January

Retail sales of goods in January was estimated at 487.4 trillion VND, accounting for the largest share and increasing 9.3% year-on-year. Growth was driven by many categories, including household appliances and equipment, which rose 9.4% thanks to early-year shopping demand and promotional programmes by retailers.

Fishing vessel monitoring system (VMS). (Illustrative photo: VNA)

Quang Tri backs VMS subscription fees for fishing vessels

Under a recently approved provincial resolution, the support will be disbursed once a year. Total funding for the three-year programme is estimated at more than 12.2 billion VND from the provincial budget, benefiting around 1,360 vessels across the province.

Delegates at the meeting in Hanoi on February 9, 2026. (Photo baotintuc.vn)

Vietnam to release 2026 economic census data seven months earlier

Nguyen Thi Huong, head of the Standing Group of the Steering Committee of the 2026 Economic Census and Director of the National Statistics Office (NSO), said the first phase of data collection was underway nationwide and was scheduled to conclude on March 10.

At Xa Mat international border gate (Photo: VNA)

📝OP-ED: Decree 46 - Not proof of distorted “systemic failure”

Temporary suspensions, adjustments, or revisions of newly enacted policies are never ideal and should be minimised. Yet such course corrections occur worldwide, irrespective of a country's development stage or market-economy maturity. What counts is rapid remediation to contain losses, extraction of lessons to prevent recurrence, and firm resistance to the dissemination of misleading or hostile allegations, which will help both enforcers and those subject to compliance maintain clarity and composure.

Delegates at the signing ceremony of the MoU between the Brazil–Vietnam Chamber of Commerce (BVC) and the Espirito Santo Chapter of the Brazil–Vietnam Chamber of Commerce and Industry (CCBV-ES). (Photo courtesy of the Vietnamese Embassy in Brazil)

Vietnam, Brazil step up trade promotion cooperation

The Brazil–Vietnam Chamber of Commerce (BVC) and the Espirito Santo Chapter of the Brazil–Vietnam Chamber of Commerce and Industry (CCBV-ES) recently inked the MoU to enhance cooperation and expand business opportunities for enterprises from the two countries, with support from the Vietnamese Embassy in Brazil.