Business

Vietnam, Venezuela boast potential for fishery cooperation: Ambassador

Vietnam and Venezuela have favourble conditions to bolster cooperation in fisheries, Vietnamese Ambassador Le Viet Duyen said while addressing a recent forum.
Vietnam, Venezuela boast potential for fishery cooperation: Ambassador ảnh 1Venezuelan Minister for Fisheries and Aquaculture Juan Carlos Loyo (3rd, L) and the Vietnamese Embassy staff in a group photo. (Source: VNA)
Buenos Aires (VNA) – Vietnam and Venezuelahave favourble conditions to bolster cooperation in fisheries, VietnameseAmbassador Le Viet Duyen said while addressing a recent forum.

The ambassador’s attendance at the fishery forum andhis recent working visit to Maracaibo city in Zulia state were intended to promotetrade ties between Vietnam and Venezuela.

The diplomat noted that Vietnam’s fishery export ranksthird in the world, only after China and Norway, with annual revenue of nearly1 billion USD.

Regarding the trade ties between Vietnam and Venezuela,he said in the first 10 months of 2022, the two-way trade increased 700% year-on-year,stressing that after 15 years of establishing the comprehensive partnership,the two countries have signed more than 50 bilateral cooperation agreements,including those on fisheries.

Pointing out that the bilateral fishery cooperationhas yet to match potential of both sides, Duyen suggested parliamentarians,leaders of ministries and agencies, and scholars of Venezuela coordinate withthe Vietnamese side to set up cooperation mechanisms and sign technical dealsto facilitate fishery and food trading, covering food safety and hygiene.

Venezuelan Minister for Fisheries and Aquaculture JuanCarlos Loyo spoke highly of Vietnam’s economic achievements, particularly thosein fisheries, and expressed his hope that the Southeast Asian nation willshare  its experience in this field.

The participating Venezuelan parliamentarians, officials,scholars and businesses said they will work to seek cooperation mechanisms withVietnam in economy, trade and investment in general and fisheries inparticular./.
VNA
#Vietnam #Venezuela #Vietnamese Ambassador Le Viet Duyen #Maracaibo city #Vietnam #VietnamPlus #Vietnam news Venezuela
Follow VietnamPlus

Related News

Vietnam, Venezuela forge cooperation between localities

Vietnam, Venezuela forge cooperation between localities

The association of Vietnam’s friends in Venezuela’s Mérida made its debut at a recent ceremony held by the Foundation for the Cultural Development of the Mérida State (Fundecem), with Ambassador Le Viet Duyen attending.

See more

Vietnam Airlines will deploy wide-body Airbus A350 aircraft on its new nonstop Vietnam–Netherlands service starting June 16. (Photo: VNA)

Vietnam Airlines to launch first nonstop Hanoi–Amsterdam route

Nguyen Quang Trung, Deputy General Director of Vietnam Airlines, said that the nonstop Hanoi–Amsterdam route marks an important milestone in the carrier’s European network expansion strategy. Its presence at one of the world’s leading aviation hubs will not only broaden the airline’s business opportunities but also help strengthen economic, trade and investment connection, as well as people-to-people exchanges between Vietnam and the Netherlands, and Europe in general.

Central Highlands region's products on display at the first Glorious Spring Fair 2026 (Photo: VNA)

Spring Fair 2026: Traditional flavours find new pathways to market

Products rich in traditional flavours - from confectionery and processed agricultural goods to highland tea - are presented in refreshed designs that preserve cultural identity while meeting rising market standards, opening up prospects for expanded consumption and gradual entry into export markets.

Vietnamese fruits introduced to German consumers (Photo: VNA)

“Vietnamese Goods Day” promotes agricultural products in Germany

Vietnamese Ambassador to Germany Nguyen Dac Thanh said the event, held close to Vietnam’s Lunar New Year, helped promote Vietnamese tropical fruits while introducing Vietnamese cultural values to German consumers, and creating opportunities for Vietnamese businesses to connect directly with German importers.

Downtown area in Ho Chi Minh City. (Photo: VNA)

Vietnam's golden gateway: FDI poised for gains in 2026

More than just volume, the quality of FDI entering Vietnam has improved. The nation is evolving from a base for basic assembly and processing into a genuine contributor to hi-tech manufacturing and R&D across global value chains.

Deputy Minister of Finance Do Thanh Trung speaks at the ceremony (Photo: VNA)

Project to advance growth, innovation, leadership for enterprises kicks off

AGILE is not only a testament to the long-standing and trusted strategic partnership between Vietnam and Canada, but also an important contribution to the Vietnamese Government’s efforts to promote innovation and sustainable growth within the private sector, thereby effectively mobilising private investment to realise inclusive and sustainable development goal.

At Regza Vietnam Electronics Co., Ltd. in Dong Nai province. (Photo: VNA)

FDI disbursement in January hits five-year high

Economists said that the continued growth in realised FDI reflects foreign investors’ sustained implementation and expansion of production and business activities in Vietnam. This is seen as an encouraging signal, underscoring investors’ confidence in Vietnam’s business environment and economic prospects.

In Q1 2026, Vietnam records 16 export commodities with turnover exceeding 1 billion USD. (Photo: VNA)

Exports face stiff test in bid to hit 550 billion USD

To achieve export growth of over 15% as directed by the Government, the MoIT said it will prioritise a set of core measures in 2026, including expanding production capacity, developing new export products, increasing domestic content and value added, accelerating the shift from processing to manufacturing, and proactively addressing trade barriers and defence measures.