Vietnam, Cuba promote cooperation between construction businesses

Minister of Construction Nguyen Thanh Nghi held talks with Cuban Minister of Construction Rene Mesa Villafana in Hanoi on July 23, aiming to review the implementation of agreements on cooperation in construction in line with the minutes of the 41st meeting of the Vietnam-Cuba Intergovernmental Committee signed in Cuba on April 15 and exchange contents that need to be promoted in the coming time.

Minister of Construction Nguyen Thanh Nghi (third from right) and Cuban Minister of Construction Rene Mesa Villafana (third from left) (Photo: VNA)
Minister of Construction Nguyen Thanh Nghi (third from right) and Cuban Minister of Construction Rene Mesa Villafana (third from left) (Photo: VNA)

Hanoi (VNA) – Minister of Construction Nguyen Thanh Nghi held talks with Cuban Minister of Construction Rene Mesa Villafana in Hanoi on July 23, aiming to review the implementation of agreements on cooperation in construction in line with the minutes of the 41st meeting of the Vietnam-Cuba Intergovernmental Committee signed in Cuba on April 15 and exchange contents that need to be promoted in the coming time.

The Vietnamese Ministry of Construction has provided support for the Dinvai Vietnam Co.Ltd, a Cuban enterprise operating in Vietnam, to obtain a certificate in the field of civil construction, Nghi said, adding that the ministry is working to help the company acquired another in the field of infrastructure and transportation.

Besides, the Vietnam Machinery Installation Corporation (LILAMA) sent a delegation to the Caribbean country to study the status of some cement factories as well as provide advice for Cuban partners on the renovation and upgrade of a number of machinery and equipment to modernise production lines and improve productivity, he said.

The Vietnam National Cement Corporation (VICEM) and the Grupo Empresarial del Cemento - Cuban Cement Business Group - (GECEM) discussed plans to send a delegation to Cuba to study and provide consultancy on the modernisation of production lines and optimisation of the operation of the cement factories, while offering technical training to Cuban experts in the Southeast Asian nation.

At the meeting, Nghi suggested the two countries' construction ministries continue to maintain the exchange of their information and experience in inmanagement and development, in addition to supporting cooperation between their companies.

He advocated promoting collaboration between Vietnamese and Cuban companies in other areas of mutual interest, and asked the Cuban Ministry of Construction to continue paying attention and adopting timely solutions to address the difficulties faced by Vietnamese companies while investing, producing and carrying out business in Cuba.

He promised to support Cuban companies in their investment, production and business activities in Vietnam, and reiterated the willingness to share experiences with Cuba in law-making, especially relating to housing and real estate market.

For his part, Villafana affirmed the Cuban side will create more favourable conditions for Vietnamese companies to invest and do business effectively.

Currently, Cuba is expanding cooperation and investment abroad, increasing the connection between foreign and domestic enterprises, while offering preferential policies to foreign firms, including Vietnamese construction firms, he noted.

He agreed with the key contents of cooperation proposed by the host and expressed his hope that the Vietnamese ministry continues to create conditions for Cuban companies to invest in the Southeast Asian nation./.

VNA

See more

Workers manufacture electronic components. (Photo: VNA)

PM orders overhaul to improve business environment

The dispatch further highlights the need for comprehensive measures to enhance governance capacity, accelerate socio-economic progress, and improve the investment and business landscape with a clear emphasis on sustainable development and environmental stewardship.

Prime Minister Pham Minh Chinh (centre) and other delegates attend the groundbreaking ceremony for the Ninh Binh–Hai Phong Expressway Project’s section passing through Nam Dinh and Thai Binh provinces. (Photo: VNA)

Transport, industrial development essential for Thai Binh to be wealthier: PM

​The groundbreaking ceremonies of the Ninh Binh–Hai Phong Expressway Project’s section and the Hung Phu Industrial Park in Thai Binh affirm the government’s determination to create an attractive investment and business environment for both domestic and foreign investors; foster provincial and regional connectivity, generate momentum and open new development space for Thai Binh and the northern coastal region.

Representatives from Vietnam Airlines and Russia’s state-owned VTB Bank exchange the MOU on cooperation. (Photo: nhandan.vn)

Vietnam Airlines signs MoU on cooperation with Russia's VTB Bank

The MoU also demonstrates Vietnam Airlines' efforts to expand its partnership in the international market, while affirming its pioneering role in connecting Vietnam with the world, contributing to the sustainable development of Vietnam-Russia relations in the new period.

An auto assembly line at Kim Long Motor Hue in the Chân May - Lang Co Economic Zone in the central city of Hue. (Photo: VNA)

Vietnam eyes 8% growth in 2025 through strategic reforms

With decisive policy actions, proactive diplomacy and strategic reform priorities, the country is now aiming for an ambitious GDP growth target of 8% or more this year - a goal lawmakers and experts believe is within reach, provided key breakthroughs are implemented effectively.

Hanoi applies a model providing support in business establishment. (Photo: hanoimoi.vn)

Hanoi targets 30,000 new enterprises in 2025

By the end of 2024, the number of registered enterprises in the capital city reached over 400,000, with about 220,000 operating. Notably, more than 98% of the operating firms are SMEs which create jobs for 55.1% of the local workforce and contribute over 40% of the city’s gross domestic product (GDP).

Delegates press the button to activate TH Group's milk processing plant in Borovsk district in Kaluga oblast of Russia on May 11. (Photo: VNA)

TH Group inaugurates large-scale dairy processing plant in Russia

The plant has a total capacity of 1,000 tonnes per day, with the first phase producing 500 tonnes daily. All milk used at the plant is sourced from TH’s high-tech farms in the Moscow and Kaluga oblasts. TH milk boasts a high nutritional profile, with a fat content of 4.0% and protein at 3.2% — among the highest quality levels in Russia.

General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam speaks at the Vietnam-Russia business forum in Moscow on May 11. (Photo: VNA)

Vietnam creates favourable conditions for Russian businesses: Party chief

Lam emphasised that promoting cooperation among businesses of the two sides plays an important role in implementing high-level agreements on socio-economic development. The two sides have important pillars of cooperation in energy, industry, science - technology and human resource training.

Automobile assembly at GMA Automotive Industry in Kim Dong district, Hung Yen province. (Photo: VNA)

Ample room remains for Vietnam-Belarus trade cooperation

The coming state visit to Belarus by Party General Secretary To Lam is expected to create new impetus to consolidate and strengthen the bilateral relations, and open up opportunities for businesses of the two countries in trade and investment cooperation.