Việt Nam, Cuba see ample room for trade-investment cooperation

HCM CITY — There is lots of room available for Việt Nam and Cuba to step up commerce and investment cooperation, especially in farming and food processing, heard a forum promoting trade between the two countries held in HCM City on Friday. Việt Nam is currently Cuba’s second biggest trade partner and biggest foreign investor in Asia. Bilateral trade value of US$250-350 million in the 2015-2020 period, with Việt Nam running five projects in Cuba. Meanwhile, the Caribbean country has conducted a project on producing bio-products in Việt Nam. He affirmed that Cuba is committed to assisting investors with special tax incentives, human resources, infrastructure, and technology.