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Vietnamese businesses seek opportunities in Cuba

A delegation of Vietnamese enterprises attended a business forum held in the Cuban capital of Havana on May 26.
A delegation of Vietnamese enterprises attended a business forum held in the Cuban capital of Havana on May 26.

Participants included representatives from 12 businesses involving inhotel management, technology, mechanics, wooden and rubber products,trade and computers.

Addressing the forum, Nguyen Vu Kien, anofficial from the Vietnam Chamber of Commerce and Industry, stressedthat the bilateral economic cooperation is not adequate to the existingpolitical ties and potential between the two countries.

Hereaffirmed the willingness of the two countries’ States and governmentsto boost cooperation in the field, urging businesses to seekopportunities in the context that Cuba is advancing in updating itseconomic model and promoting global integration.

Celia LaboraRodriguez, Head of the Department for International relations of theCuban Chamber of Commerce, presented her country’s business promotionpolicies and procedures as well as the strategic project to develop theSpecial Development Zone of Mariel in the west of Havana.

Shealso reassured Vietnamese business people about Cuba’s investmentpriorities and the accounting policies of state-owned enterprises.

Trade of some products, including tires and cigars, was also mentioned.

According to official statistics, two-way trade between the twocountries reached 208 million USD in 2014, of which Vietnam exports wereworth 206 million USD.-VNA

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