Businesses seek chance to invest in Cuba

May 27th at 13:24
27-05-2015 13:24:41+07:00

Businesses seek chance to invest in Cuba

Representatives from 12 Viet Nam businesses involved in hospitality, technology, trade, wood, rubber and IT, among others, attended a business forum held in Havana on Monday to seek investment opportunities in Cuba.

Nguyen Vu Kien, deputy head of the Viet Nam Chamber of Commerce (VCCI)'s International Relations Department, pointed out that trade and investment co-operation was not on a par with their fine political relations and the potential of the two countries.

Kien encouraged Vietnamese businesses to seek new co-operative ties with Cuba as the country is implementing a new economic model and accelerating international economic integration.

Celia Labora Rodriguez, head of the Cuba Chamber of Commerce's International Relations Department, introduced Cuba's investment environment and opportunities, business procedures and a strategic project to develop the Mariel Special Economic Zone.

Statistics showed two-way trade between Viet Nam and Cuba reached nearly US$208 million in 2014, of which Viet Nam's exports accounted for US$206 million.

bizhub



NEWS SAME CATEGORY

Vietnamese enterprises investing $20bn in overseas projects: investment agency

Vietnamese investors had channeled about US$20 billion into over 1,000 projects abroad as of the end of last month, according to the Foreign Investment Agency (FIA)...

Vietnam should give visa fee waiver to all tourists in Jul-Dec: official

Cross your fingers for Vu The Binh, deputy chairman of the Vietnam Tourism Association (VITA), who has called on the government to waive visa fees for all...

Vietnam gives excessive incentives to foreign investors

Vietnam gives big incentives for FDI enterprises with the expectation that they will perform technology transfer in the country, but the fact is that only 20% of...

Vietnam less attractive to foreign F&B investors

Vietnam has grown less attractive to foreign investors in the food and beverage (F&B) sector than other regional countries including Thailand, Indonesia and the...

Vingroup President named on Forbes billionaire list for third time

Pham Nhat Vuong, the head of Vingroup, is Vietnam's richest man, included on Forbes’ billionaire list for the third consecutive year. However, his position fell by...

Ministry proposes revoking 260 projects in coastal areas

The construction ministry has proposed that the government should revoke more than 260 projects in some coastal areas.

VNR to divest contribution capital from Saigon Hotel

Viet Nam Railways Corporation (VNR) has decided to divest its total State-owned capital from Saigon Hotel at Ly Thuong Kiet Street, the ‘golden land' area in the...

Trade sees $1.87b deficit in first half of May

Viet Nam exported US$6.32 billion worth of commodities in the first half of May, a decrease of 9.5 per cent compared over the previous fortnight, the General...

HCM City stocks up on toys for kids' day

HCM City is gearing up to celebrate the International Children's Day, June 1, by filling its supermarkets and shops with all kinds of toys and fun activities for...

S Africa hopes to bridge VN trade gap

South Africa wants to expand investment and trade ties but narrow its trade deficit with Viet Nam, a visiting business delegation from that country told a meeting...


MOST READ


Back To Top