Vietnam farmers find eager trade partner: Cuba

Vietnam can be at the forefront of doing business with Cuba to take advantage of opportunities from more agriculture exports, said Cuban Consul General Berbabé García Valido to Ho Chi Minh City.
vietnam farmers find eager trade partner cuba

Speaking at a trade conference on September 23 in the City, the Consul General pointed out that though the US has relaxed a trade embargo with Cuba allowing for exports of food and many other products, there are so many strings attached it makes trade with the US cumbersome and expensive.

This creates many opportunities for Vietnam, he said, adding that Cuba should be a key market for the nation’s farms and agribusinesses. Cuba imports nearly 80% of its food and is home to more than 11 million potential customers.

Deputy Director Tran Ngoc Liem of the Vietnam Chamber of Commerce and Industry in turn noted that Vietnam has a comparative advantage in agriculture and its top exports include rice, fruits and vegetables, which are all commodities that are major imports for Cuba.

Cuba's demand for rice per capita is the highest of any country in the Western Hemisphere, making it a natural market for Vietnamese rice farmers to enter and expand in a big way, he underscored.

Source: VOV

Related News

Vietnam-Cambodia: Looking back on journey of cooperation

Vietnam-Cambodia: Looking back on journey of cooperation

VCN – The bilateral meeting between the General Department of Vietnam Customs (GDVC) and the General Department of Customs and Excise of Cambodia (GDCEC) was held by the GDVC on December 9.
Vietnam-China e-commerce: A perspective from Lang Son border

Vietnam-China e-commerce: A perspective from Lang Son border

VCN - Cross-border e-commerce is currently a hot topic among e-commerce businesses, particularly those actively developing digital platforms and cross-border electronic payment infrastructures through border gates in Lang Son province.
Promoting Vietnam-Laos Customs cooperation

Promoting Vietnam-Laos Customs cooperation

VCN - On November 19, 2024, in Hanoi, Vietnam Customs held the Vietnam - Laos Customs Directors General Conference.
Vietnam’s exports to the U.S. near US$100 billion milestone

Vietnam’s exports to the U.S. near US$100 billion milestone

VCN - By the end of October, Vietnam's exports to the United States approached US$100 billion, reaffirming its position as Vietnam's largest export market.

Latest News

Vietnamese fisheries sector navigating headwinds in US market

Vietnamese fisheries sector navigating headwinds in US market

Vietnam's fisheries exporters stand at a critical juncture in the US market, facing a complex landscape of potential opportunities and significant challenges in the coming years.
CPTPP, UKVFTA to boost UK - Vietnam trade relations

CPTPP, UKVFTA to boost UK - Vietnam trade relations

Together with the UK - Vietnam Free Trade Agreement (UKVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will create new opportunities for companies and consumers in the UK and Vietnam, affirmed British Ambassador to Vietnam Iain Frew.
Hai Phong creates breakthroughs in FDI attraction

Hai Phong creates breakthroughs in FDI attraction

The northern port city of Hai Phong has emerged as a leader in foreign direct investment (FDI) attraction, showcasing a robust portfolio of environmentally friendly projects.
Incentive mechanisms needed for semiconductor industry: PM

Incentive mechanisms needed for semiconductor industry: PM

Prime Minister Pham Minh Chinh, Head of the National Steering Committee for Semiconductor Industry Development, urged the development of incentive mechanisms and policies to promote the development of the semiconductor industry, while chairing the first meeting of the committee in Hanoi on December 14 morning.

More News

Logistics service businesses transform digitally to reduce costs

Logistics service businesses transform digitally to reduce costs

VCN - 4.0 technology application has enabled businesses to lower logistics costs by an average of 23% compared to traditional methods and shorten the order processing time by an average of 35% thanks to automation.
Necessary conditions for operating a "natural flavor" business

Necessary conditions for operating a "natural flavor" business

VCN - Businesses following the sustainable development trend have shown high adaptability and resilience to negative changes from the outside. Preparing to enter 2025, "profit-oriented" business will be gradually replaced by "natural flavor" business.
Garment industry urged to gain self-sufficiency in raw materials for UK expansion

Garment industry urged to gain self-sufficiency in raw materials for UK expansion

Vietnam’s garment and textile industry needs to develop a closed-loop supply chain with a focus on obtaining self-sufficiency in raw materials in order to meet the rules of origin under the UK – Vietnam Free Trade Agreement (UKVFTA) for expanding exports to this market.
Shrimp exports expected to hit 4 billion USD in 2024

Shrimp exports expected to hit 4 billion USD in 2024

With double-digit growth in key markets, Vietnam's shrimp exports are projected to rake in 4 billion USD in 2024, according to insiders.
B2C e-commerce market in bloom

B2C e-commerce market in bloom

Vietnam’s B2C e-commerce market in 2024 has experienced growth of 18-20% in the first ten months of 2024.
Promoting Vietnam - Poland trade through new maritime routes

Promoting Vietnam - Poland trade through new maritime routes

VCN - Vietnam-Poland trade and investment cooperation is expected to develop strongly in the coming time thanks to new maritime connections among the two countries that are about to be launched.
Total import-export turnover reaches US$715.55 billion in 11 months

Total import-export turnover reaches US$715.55 billion in 11 months

VCN - In November, total import-export turnover amounted to US$66.4 billion, down 4.1% compared to the previous month but up 9.0% compared to the same period last year.
MoIT sets export growth at 6% in 2025

MoIT sets export growth at 6% in 2025

The recovery of major markets such as the US and EU will be an important driving force for exports, especially in electronics, consumer goods and textiles, the MoIT said.
Vietnam's first logistics park opens in Lang Son

Vietnam's first logistics park opens in Lang Son

The Viettel Lang Son Logistics Park, the first of its kind in Vietnam, officially opened in Cao Loc district, the northern mountainous province of Lang Son, on December 11.
Read More

Your care

Latest Most read
Vietnamese fisheries sector navigating headwinds in US market

Vietnamese fisheries sector navigating headwinds in US market

Vietnam's fisheries exporters stand at a critical juncture in the US market, facing a complex landscape of potential opportunities and significant challenges in the coming years.
CPTPP, UKVFTA to boost UK - Vietnam trade relations

CPTPP, UKVFTA to boost UK - Vietnam trade relations

Together with the UK - Vietnam Free Trade Agreement (UKVFTA), the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will create new opportunities for companies and consumers in the UK and Vietnam, affirmed British Ambassador to Vietnam Iain Frew.
Hai Phong creates breakthroughs in FDI attraction

Hai Phong creates breakthroughs in FDI attraction

The northern port city of Hai Phong has emerged as a leader in foreign direct investment (FDI) attraction, showcasing a robust portfolio of environmentally friendly projects.
Incentive mechanisms needed for semiconductor industry: PM

Incentive mechanisms needed for semiconductor industry: PM

Prime Minister Pham Minh Chinh, Head of the National Steering Committee for Semiconductor Industry Development, urged the development of incentive mechanisms and policies to promote the development of the semiconductor industry, while chairing the first meeting of the committee in Hanoi on December 14 morning.
Logistics service businesses transform digitally to reduce costs

Logistics service businesses transform digitally to reduce costs

4.0 technology application has enabled businesses to lower logistics costs by an average of 23% compared to traditional methods and shorten the order processing time by an average of 35% thanks to automation.
Mobile Version