Seminar boosts Vietnam-Cuba investment cooperation
(VOV) -A number of representatives from agencies, ministries and enterprises of Cuba and Vietnam attended a conference in Hanoi on September 4, introducing investment opportunities in the Caribbean island.
The event, co-organised by the Ministry of Construction of Vietnam and Ministry of Foreign Trade and Investment of Cuba, helped Vietnamese businesses get updated on investment policies and special incentives when investing in the Mariel district of Cuba.
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| Photo: VGP |
At the conference, Rodrigo Malmierca Diaz, Minister of Foreign Trade and Investment of Cuba introduced his country’s investment law and new policies aimed at attracting foreign investment to the country.
Cuba is focusing on attracting external resources through long-term credit and foreign direct investment (FDI).
To achieve the goal, the country has issued a new foreign investment law (Law 118) which defines a clear-cut legal framework for facilitating foreign investments.