The meeting again confirmed the good progress in relations between the two nations. Photo: Vietnamplus
HAVANA, April 21 (RHC) During the seminar held in Ho Chi Minh City on promoting investments in the Mariel Special Development Zone (ZED Mariel) west of Havana, it was announced that Vietnam has become Cuba’s second largest Asian partner.
It was also revealed that trade transfer between the two countries reached $102 million in 2020.
The meeting in the Indochinese country aims to intensify cooperation in the fields of economy, investment, trade, tourism and health between this Asian city and Cuban places.
The event, organized by the Center for Trade and Investment Promotion of Ho Chi Minh City and the representative office of the Cuban logistics company Almacenes Universales SA, also aims to offer Vietnamese and Cuban companies the opportunity to learn policy changes and benefits of the trade agreements between Vietnam and Cuba.
Speaking at the event, the center’s deputy director, Cao Thi Phi Van, reiterated the good progress in relations between the two nations, reflected in mutual aid during the COVID-19 pandemic.
Despite the geographical distance, bilateral trade is performing well and Vietnam currently has four projects in Cuba with a capital of $44 million operating.
For her part, Ariadne Feo Labrada, Consul General of the Embassy of Cuba in Ho Chi Minh City, presented the advantages of ZED Mariel in the western province of Artemisa. (Source: Grandma newspaper)