Vietnam Expo 2018 gives good chance for boosting partnership with Cuba
The opening of a national booth of Cuba at Vietnam Expo 2018, to be held in Hanoi from April 11-14, will be a good chance for Vietnamese and Cuban businesses to facilitate their partnership and tap into the economic cooperation potential between the two countries.
Visitors at the Vietnam Expo 2017 (Source: //vietnamexpo.com.vn)
Hanoi (VNA) –The opening of a national booth of Cuba at Vietnam Expo 2018, to be held inHanoi from April 11-14, will be a good chance for Vietnamese and Cuban businessesto facilitate their partnership and tap into the economic cooperation potentialbetween the two countries.
This year, 30 Cubanbusinesses will participate in the event, the most during the country’sdecade-long presence at Vietnam Expo. The firms operate in diverse areas,including electronic mechanics, metals, renewable energy, agriculture,biological, pesticide, irrigation, pharmaceuticals, and health care.
According to theMinistry of Industry and Trade, Vietnam is among the top 10 trade partners of Cuba,and the second most important Asian partner of the Caribbean country.
Vietnam’s most popularproduct in Cuba include farm produce, garment, consumer goods andtelecommunication products, while Cuba’s strengths include education, healthcare and construction.
Last year, traderevenue between Vietnam and Cuba reached 224.3 million USD, with Vietnam’sexports valued at 217 million USD and imports 7.3 million USD. The two sidesare striving for the target of 500 million USD in trade in 2022.
Cuba is the gatewayfor Vietnam to access the Latin American market, while Vietnam offers the pathfor Cuban firms to approach Asian countries.
Cuba is now apromising market for Vietnamese firms in tourism, agriculture,telecommunications, consumer goods, footwear and garment-textile.
During the recentvisit to Cuba of Party General Secretary Nguyen Phu Trong, Vietnam’s ViglaceraCorporation received a licence to develop an industrial park in Cuba’s MarielSpecial Economic Management Zone.
In recent years, Cubanbusinesses have become more active in Vietnam thanks to dynamic and openforeign policies of Vietnam.-VNA
A new trade agreement along with other deals between Vietnamese and Cuban ministries, sectors and businesses are set to help bring the two countries’ relations to a new stage.
Speeding up economic, trade and investment cooperation is significant to the Vietnam-Cuba bilateral ties, General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong has said.
The State visit to Cuba by General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong demonstrates Vietnam’s respect for the historical values of Cuba’s revolution and its wish to consolidate relations with the Latin American nation.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
Visitors at the Vietnam Expo 2017 (Source: //vietnamexpo.com.vn) 
