Thai Binh Corporation, which produces essential consumer goods, has affirmed its position as the leading Vietnamese business in Cuba over the past 25 years.
Vietnamese Ambassador to Cuba Le Thanh Tung receives Secretary of the Party Committee of Artemisa province Gladys Martínez Verdecia (Photo: VNA)
Havana (VNA) – Thai Binh Corporation, whichproduces essential consumer goods, has affirmed its position as the leadingVietnamese business in Cuba over the past 25 years.
The corporation marked its 25th year of operation in the Caribbean nation witha ceremony held at the Vietnamese Embassy’s headquarters in Havana on October12, which saw the attendance of Gladys Martínez Verdecia, Politburo member ofthe Communist Party of Cuba Central Committee and Secretary of the PartyCommittee of Artemisa province, and other senior officials of the hostcountry.
In his opening remarks, Ambassador Le Thanh Tung commended the corporation’scontributions to enhancing economic, trade and investment ties between Vietnamand Cuba over the past time, and expressed his belief that entrepreneurs of thetwo countries will seek new cooperation forms, optimise existing advantagesand opportunities, and overcome difficulties to raise the efficiency of thebilateral relations, for the sake of both nations.
Chairman and General Director of the Thai Binh Corporation Tran Ngoc Thuan said since 2016, Thai Binh’s annual turnover has stood at about 100million USD, accounting for nearly half of Vietnam’s total export revenue toCuba, with more than 10,000 products of 12 sectors, from electronics, householdutensils and garments-textiles to construction materials.
Present at the ceremony, Deputy Director of the Mariel Special Development ZoneYanet Vázquez Valdés said the corporation has expanded and diversified itsoperations, and it now has the largest number of projects in key areas servingCuba’s socio-economic development.
The business has also taken the pioneering role in the application of newtechnologies, contributing to making Vietnam the biggest Asian investor inCuba, she went on, lauding Thai Binh’s support to the host country inresponding to natural disasters and other emergency cases./.
The relationship of solidarity and trust between Vietnam and Cuba continues to grow strongly and become increasingly substantive and effective. Relations on all three channels of Party diplomacy, State diplomacy, and people’s diplomacy are increasingly deepening. In addition, two-way economic-trade-investment relations are receiving greater attention.
In September 1973, First Secretary of the Communist Party of Cuba Central Committee and Prime Minister of the Cuban Revolutionary Government Fidel Castro was the first Head of State in the world to visit the liberated zone in Quang Tri province after the Paris Agreement on ending the war and restoring peace in Vietnam was signed (January 1973).
A delegation of the Vietnam Fatherland Front (VFF) Central Committee led by its Vice President Truong Thi Ngoc Anh paid a visit to Cuba from September 23-27, during which they attended the 10th Congress of the Committees for the Defence of the Revolution (CDRs) of Cuba.
Representatives from around 130 State and private enterprises operating in various fields in Cuba have attended a trade forum held by Vietnam’s Thai Binh Corporation in Havana.
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Vietnamese Ambassador to Cuba Le Thanh Tung receives Secretary of the Party Committee of Artemisa province Gladys Martínez Verdecia (Photo: VNA) 
