Vietnam, Cuba to boost economic, investment cooperation hinh anh 1Deputy Minister Le Quang Hung speaks at a seminar to introduce investment opportunities in Cuba last year (Photo:

Havana (VNA) – A delegation from the Ministry of Construction (MOC) led by its Deputy Minister Le Quang Hung paid a working visit to Cuba, from April 2 to 6, with the aim of promoting cooperation on economy, trade and investment between the two countries.

During the visit, Deputy Minister Hung had a working session with Cuban Minister of Construction Rene Mesa Villafana to discuss the implementation of cooperation agreements signed between the two countries’ construction enterprises.

On the occasion, the two officials also witnessed the signing of an agreement on establishing a joint venture between the Vietnamese Viglacera Corporation and the Cuban Geicon Group and an agreement on importing and exporting construction materials between Viglacera and Cuba’s IMECO company.

The Vietnamese officials attended the 2016 International Construction Fair (FECONS). This was the first time the MOC participated in the fair with stands displaying products from Viglacera.

The delegation held meetings with officials from the Cuban Ministry of Tourism, during which they discussed the demands in building and upgrading hotels in Cuba. They also reviewed the proposals on investment projects between Vietnamese Hanel JSC and its partner Cubanacan as well as a cooperation agreement between Viglacera Corporation and Gran Caribe group.

The officials from the MOC also worked with the Cuban Ministry of Foreign Trade and Investment to review the implementation of agreements that were signed at the meeting of the 33rd Vietnam-Cuba Intergovernmental Committee. At the meeting, both sides agreed on the agenda to boost the Vietnamese investment projects in Cuba.-VNA