Since initiating the Doi Moi (Renewal) reforms in 1986, Vietnam has maintained strong momentum. In 2024, the country posted a GDP growth rate of 7.09%, placing it among the fastest-growing economies globally. Forecasts suggest it could join the world’s top 20 economies by 2029.

Spanning over the past half-century and transcending the typical framework of bilateral relations, the bond between Vietnam and Cuba is a steadfast, transparent, mutually supportive, and fraternal connection withstanding geographical distance and historical changes, said an article published by Regeneración, the official media outlet of Mexico's ruling National Regeneration Movement (Morena).