Vietnamese Ambassador to Cuba Nguyen Trung Thanh (second from right) cut the ribbon to kick off the event. (Photo: VNA)
Havana (VNA) – A Vietnam Day washeld as part of the 2019 Havana International Trade Fair (FIHAV), which istaking place in Cuba from November 4-8.
Numerous representatives from ministries,departments and businesses of the two countries and international friends werepresent at the event.
Deputy head of the Trade Promotion Agency underthe Ministry of Industry and Trade Bui Thi Thanh An said products displayed by Vietnamat the event are the country’s strengths such as construction material, farmproduce, processed food, and consumer products.
She added that the new trade agreement signed betweenVietnam and Cuba on the occasion of the visit to Vietnam by President of theCouncil of State and Council of Ministers of Cuba Miguel Diaz Canel Bermudez inNovember 2018 was significant for the two countries to enhance their trade ties.
The official also affirmed support forVietnamese businesses to access the Cuban market, promote Vietnamese brands,and study local demands to establish a network of goods distribution in Cubaand the Caribbean region.
Attending the event, Cuban First DeputyMinister for Foreign Trade and Investment Antonio Carricarte notedthat the number of Vietnamese businesses attending the FIHAV 2019 doubled thatof the previous events.
He also underlined the importance of Vietnam’sinvestment projects in Cuba and said Cuba is willing to work as a bridge for Vietnameseproducts to reach the Caribbean region.
FIHAV is the largest annual trade fair inCentral America and the Caribbean. This year’s event brought together about4,000 exhibitors from more than 60 countries and territories around the world./.
Vietnam always stands side by side and supports Cuba to further promote the Caribbean country’s socio-economic development for peace and prosperity in the region and the world, said Prime Minister Nguyen Xuan Phuc.
Vietnam’s Deputy Foreign Minister Bui Thanh Son conducted the fifth political consultation with Cuba’s First Deputy Foreign Minister Marcelino Medina González as part of his official visit to Cuba on September 19-21.
Director General of the Vietnam News Agency (VNA) Nguyen Duc Loi, a member of the Communist Party of Vietnam (CPV) Central Committee, had a working session with Secretary of the Communist Party of Cuba (PCC) Central Committee and head of the PCC’s Thought Commission Victor Gaute Lopez in Hanoi on October 16.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
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In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
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A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
Vietnamese Ambassador to Cuba Nguyen Trung Thanh (second from right) cut the ribbon to kick off the event. (Photo: VNA) 
