Vietnam willing to share economic development experience with Cuba: PM

Prime Minister Nguyen Xuan Phuc and the Cuban delegation

At a meeting with the Cuban guest on October 3, the PM stated that Vietnam considers the development of enterprises, both state and private, as a key factor to Vietnam’s economic growth.

Phuc said that he appreciated Cuba’s facilitation of Vietnamese enterprises’ investment activities in the Caribbean country and affirmed that Vietnam backed the investment in manufacturing, consumer goods and agriculture in Cuba.

For his part, Rodrigo Malmierca Diaz thanked Vietnam for its investment in Cuba and expressed his hope that the Vietnamese lender Agribank would soon open a representative office in his country in order to further facilitate trade between the two sides.

He informed PM Phuc that Cuba is working with Vietnam’s Vinafood 1 to provide rice to Cuba and a Cuban partner is also cooperating with a Vietnamese construction firm to manufacture a number of products that Cuba requires.

The Cuban minister is visiting Vietnam to attend the 35th meeting of the Vietnam-Cuba intergovernmental committee, which aimed to review the recent bilateral trade and economic cooperation and introduce new measures to further the cooperation between the two countries in the time ahead.

Prior to the meeting with PM Phuc, Malmierca Diaz had met Deputy PM Trinh Dinh Dung.

Both sides agreed that the intergovernmental committee is working effectively and each side is making their best efforts to realise the agreements between Vietnam and Cuba.

At the meeting, Deputy PM Dung extended the Vietnamese people and government’s deepest sympathy to Cuba for its tremendous losses caused by Hurricane Irma, while affirming that Vietnam always treasures Cuba’s sentiments towards Vietnam both in the past and at the present.