Việt Nam encourages businesses to increase investment in Cuba: PM

October 04, 2017 - 09:00

Việt Nam urges its businesses to boost investment in Cuba in the fields of consumer goods production and agriculture, Prime Minister Nguyễn Xuân Phúc told Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz in Hà Nội yesterday.

Prime Minister Nguyễn Xuân Phúc (left) met Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz in Hà Nội yesterday. — VNA/VNS Photo Thống Nhất
Viet Nam News

HÀ NỘI — Việt Nam urges its businesses to boost investment in Cuba in the fields of consumer goods production and agriculture, Prime Minister Nguyễn Xuân Phúc told Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz in Hà Nội yesterday. 
Receiving the minister, who is in Việt Nam for the 35th meeting of the Việt Nam-Cuba Inter-Governmental Committee, the PM spoke highly of Cuba’s policies to facilitate Vietnamese investment in multiple areas. 
Việt Nam would do its best to share its experience in socio-economic development with Cuba, the Government leader affirmed. 
The Cuban official updated PM Phúc on the results of the committee’s 35th meeting, during which the two sides reviewed the implementation of their trade and economic co-operation in recent years and put forward specific measures to enhance co-operation in the future. 
Cuba had exported food products to Việt Nam for the first time, 
he said. He added that the country had been working with the Việt Nam Northern Food Corporation (Vinafood) to begin rice exports to Cuba, he said.

The minister expressed his hope that more investors from Việt Nam would consider projects in Cuba and that the Việt Nam Bank for Agriculture and Rural Development would open a representative office in his country to facilitate two-way trade.

Deputy Prime Minister Trịnh Đình Dũng also received the Cuban minister yesterday and  applauded the activities of the Việt Nam-Cuba Inter-Governmental Committee. 
The committee’s 35th meeting concluded yesterday. The parties agreed to soon sign a new trade agreement and facilitate the implementation of investment projects in the two countries.  — VNS

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