Cuba, Vietnam enhance trade links
Vietnam Will Create Free Trade Area with 55 Partners | |
VN deepens ties with Cuba, Laos | |
Integration will help in economic development |
Cuba, Vietnam enhance trade links. |
The event was aimed at creating opportunities for Vietnamese businesses to receive updates on Cuba’s economy and trade in the renewal process and to work with Gecomex, a leading Cuban import-export group.
Cuban Ambassador to Vietnam Herminio Lospez Diaz said upgrading level of bilateral cooperation is the responsibility of the two governments and depends on the dynamism of their business communities.
“We hope both countries will cooperate in trade and there will be an increased presence of Vietnamese investors in Cuba. Cuba wants to increase exports of its goods and services to Vietnam. During its development in a new era and context, Cuba expects to work closely with Vietnamese enterprises in the new future," he said.
In 2015, Vietnamese-Cuban trade turnover stood at US$235 million. Vietnam exported foods and foodstuffs, footwear, construction materials, coal, garments, and chemicals to Cuba and imported medicines and supplementary food.
By December 2015, Cuba had 1 project worth US$6.6 million, ranking 75th among 100 countries and territories investing in Vietnam.
Enhance connectivity, financial support and intra-ASEAN trade For the two days of 03rd-04th April 2016, within the framework of ASEAN financial cooperation, 20th ASEAN ... |
Vietnam’s leading companies such as PetroVietnam Exploration Production Corporation, (PVEP), and Vietnam Glass and Ceramic Joint Stock Corp. (Viglacera) are also investing in big projects in Cuba.
Related News
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Take advantage of E-commerce leverage for export.
13:48 | 04/05/2024 Import-Export
To maintain its billion-dollar export position, forestry and fisheries enterprises propose additional credit limits
06:15 | 28/04/2024 Import-Export
Latest News
Vietnam improving readiness to attract foreign investment: official
16:30 | 05/05/2024 Headlines
Green logistics helps firms obtain sustainable, comprehensive development: Insiders
16:29 | 05/05/2024 Headlines
Việt Nam has many opportunities to improve labour productivity: expert
15:14 | 04/05/2024 Headlines
PM presides over Government’s regular meeting
15:06 | 04/05/2024 Headlines
More News
Ample room for Việt Nam-Thailand cooperation in new economic sectors: official
14:50 | 03/05/2024 Headlines
Exports, FDI remain Vietnam’s bright spots: HSBC
17:16 | 02/05/2024 Headlines
Growth engines rev up in first four months
17:12 | 02/05/2024 Headlines
Vietnam fulfills Chairmanship of Asia Pacific Group at UN for April
19:38 | 01/05/2024 Headlines
Startups gradually mature in international markets
08:22 | 01/05/2024 Headlines
Việt Nam to promote local tourism
13:37 | 30/04/2024 Headlines
April 30 Victory – Glorious milestone in national history
13:34 | 30/04/2024 Headlines
Vietnam secures remarkable economic successes since national reunification
13:31 | 30/04/2024 Headlines
Precious significance of Điện Biên Phủ Victory
16:44 | 29/04/2024 Headlines
Your care
Vietnam improving readiness to attract foreign investment: official
16:30 | 05/05/2024 Headlines
Green logistics helps firms obtain sustainable, comprehensive development: Insiders
16:29 | 05/05/2024 Headlines
Việt Nam has many opportunities to improve labour productivity: expert
15:14 | 04/05/2024 Headlines
PM presides over Government’s regular meeting
15:06 | 04/05/2024 Headlines
Ample room for Việt Nam-Thailand cooperation in new economic sectors: official
14:50 | 03/05/2024 Headlines