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Wednesday, July 24, 2024

Cuban PM starts Vietnam visit Wednesday

The Saigon Times

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HCMC – Cuban Prime Minister Manuel Marrero Cruz will begin his official visit to Vietnam this Wednesday at the invitation of his Vietnamese counterpart Pham Minh Chinh.

His five-day visit is expected to further strengthen multifaceted ties between the two nations, according to the Vietnamese Ministry of Foreign Affairs.

During his visit, the Cuban PM will meet with Vietnamese PM Chinh to find ways to boost bilateral trade, and attend the Vietnam-Cuba Business Forum and other activities, the local media reported.

In 2021, two-way trade between the two countries amounted to US$261.7 million, up 46.6% against 2018.

Between January and August this year, bilateral trade reached US$106 million, down 20% year-on-year, due to the impact of the Covid pandemic. Cuba imports some 300,000-400,000 tons of rice from Vietnam annually.

Some Vietnamese firms are developing several projects, including building infrastructure and producing housing materials and detergent, at the Mariel Special Development Zone in Cuba.

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