PM Nguyen Tan Dung (R) receives Minister of Trade and Foreign Investment Rodrigo Malmierca Diaz, Ha Noi, September 4, 2014

Dung described the visit as a milestone in  multifaceted cooperation between Viet Nam and Cuba, which was viewed as a result of an introduction of Cuba’s Investment Law and new policies for foreign investment attraction.

“Viet Nam attaches special importance to developing ties with Cuba and pledges its best efforts to further promote extensive and effective cooperation in economics, trade and investment. The signing of a medium-term cooperation programme will provide an important foundation for both sides to spur bilateral cooperation in the aforesaid fields,” Dung said.

The Government leader also reiterated Viet Nam’s willingness to support cooperation projects with Cuba on telecommunications, agriculture and food security by offering the best possible conditions for Vietnamese businesses to run investments effectively in Cuba.

For his part, Minister Rodrigo Malmierca Diaz told his host that on the basis of the sound traditional friendly relations, Cuba wants to continue expanding cooperation with Viet Nam in all fields and share experiences in agricultural development, telecommunications, foreign investment management and construction of industrial parks and export processing zones.

Minister Rodrigo Malmierca Diaz asserted that his nation will build and fine-tune mechanisms and special preferential policies for Vietnamese investments in Cuba.

He also urged the two sides to strengthen trade exchange thus facilitating businesses’ easier penetration into each other's market. - VOV