Vice State President invites Cuban businesses to Vietnam
The Vice President told a Vietnam-Cuba Business Forum in Havana on Oct. 22 that her visit to Cuba aims at further promoting the two countries’ friendship and comprehensive cooperation in the interest of both nations.
She noted that Vietnam-Cuba economic and trade exchange has markedly increase in the recent past, with two-way trade value increasing from 45.6 million USD in 2001 to 270 million USD in 2007.
The business forum is a good chance for businesses of both sides to strengthen cooperation and investment relations, contributing to boosting the two countries’ traditional friendship.
Speaking at the forum, Ricardo Cabrisas, Vice Chairman of the Cuban Council of Ministers, stressed that the forum was held at a time when the Vietnam-Cuba intergovernmental committee just concluded its meeting, and businesses should seized opportunities offered by economic and commercial cooperation programmes agreed by the two countries’ leaders.
The Vice Chairman affirmed that Cuba is ready to create favourable conditions for businesses of both countries to promote cooperation, contributing to preserving and developing the loyal friendship between the two peoples.
At the forum, the Vietnamese Housing and Urban Development Corporation (HUD) signed a contract worth 200 million USD with Cuban Palmares Group for construction of a golf course and resort in Havana.
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