Vietnam on November 8 opened its 400-sq.m national pavilion at the 39th Havana International Fair (FIHAV), the largest annual event of its kind in Cuba and the Caribbean region.
The 39th Havana International Fair (FIHAV), the largest annual event of its kind in Cuba and the Caribbean region, lasts from November 6 to 13 with the participation of over 800 businesses from 60 countries and territories worldwide. (Illustrative image - Source: Prensa Latina)
Havana(VNA) – Vietnam on November 8 opened its 400-sq.m national pavilion at the 39thHavana International Fair (FIHAV), the largest annual event of its kind in Cubaand the Caribbean region.
The fair lasts from November 6 to 13 with the participation of over 800businesses from 60 countries and territories worldwide.
Representatives of 16 Vietnamese firms are present at the fair, with more than50 others sending their products for display. The Vietnamese space isshowcasing agricultural products, processed food, household items, constructionmaterials, interior and exterior decorations, vaccines, and biologicalproducts.
Speaking at the opening ceremony, Cuban Minister of Transport Eduardo RodríguezDávila expressed his gratitude to Vietnam for maintaining a strong relationshipand cooperation with the Caribbean nation for over the past six decades,especially in times of hardship. He noted that the Southeast Asian country hasbecome Cuba’s second-largest trading partner in Asia and the largest ricesupplier in the world.
The minister expressedhis confidence that Vietnamese enterprises will continue to invest and operatesteadily in Cuba for the development and benefits of the two countries' people.
Deputy Director of the Vietnam Trade Promotion Agency (Vietrade) Hoang MinhChien said bilateral trade reached 181.8 million USD in 2022.
On the same day, the Vietnamese Embassy in Cuba, in collaboration with theCuban Chamber of Commerce and relevant units, organised a Vietnam-Cuba businessforum within the framework of FIHAV 2023.
The event gathered more than 100 Vietnamese and Cuban enterprises withcapabilities and experience in various fields such as farm produce, food andbeverages, household appliances, handicrafts, agricultural and constructionmachinery, and healthcare./.
Vietnam is joining 4,500 foreign exhibitors from 60 countries and territories worldwide at the 33rd Havana International Fair 2015 (FIHAV), which is taking place in Havana from November 2-7.
Vietnam signed several contracts, worth approximately 2 million USD in total, to export its products, mostly home appliances, to Cuba during the 33rd Havana International Fair (FIHAV 2015).
Businesses from 62 countries and territories around the world, including Vietnam, are displaying their products at the 38th Havana International Fair (FIHAV 2022), the largest annual trade fair in Cuba.
The relationship of solidarity and trust between Vietnam and Cuba continues to grow strongly and become increasingly substantive and effective. Relations on all three channels of Party diplomacy, State diplomacy, and people’s diplomacy are increasingly deepening. In addition, two-way economic-trade-investment relations are receiving greater attention.
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
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
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.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
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&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.