Vietnam explores cooperation opportunities with Venezuela’s Trujillo state

VOV.VN - Vietnamese Ambassador to Venezuela Vu Trung My recently visited Trujillo, one of the 23 states in Venezuela, to explore cooperation opportunities, especially in trade and agriculture, with Vietnam.

During the visit from February 28 to March 2, the Ambassador met with the Governor of Trujillo, Gerardo Marquez, the Mayor of Valera city, Angie Quintana, and the President of the Venezuela-Vietnam Friendship Group in Trujillo, Carlos Fonseca.

In these meetings, My highlighted Vietnam’s major development achievements over nearly 40 years of reform, emphasizing the country has become one of the fastest growing economies in many fields, with its GDP growing on average 6-6.5% annually over the past 30 years.

In 2024 alone, the country recorded GDP growth of 7.09% with its GDP scale reaching US$476.3 billion, making it the 33rd largest economy in the world. If the current recovery and growth momentum continues, by 2038, with an expected GDP of US$1.559 trillion, Vietnam could be among the top 25 largest economies globally.

Thanks to attractive policies, he said, Vietnam has become a leading destination for investment in emerging markets, attracting businesses from over 100 countries. Notably, foreign direct investment (FDI) into the country hit nearly US$38.23 billion in 2024, ranking among the top 15 developing countries in attracting FDI globally.

The ambassador highlighted the Embassy’s bridging role and assured that the Embassy would continue to help enhance economic and trade relations between the two countries, particularly in agriculture, where Vietnam has strengths that could benefit Trujillo and other regions of Venezuela.

Marquez for his part welcomed My’s remarks, which he said would contribute to promoting cooperation between Venezuela and Vietnam in general, and between Trujillo and Vietnam in particular, especially in key areas such as trade and agriculture.

He briefed his guest on Trujillo’s agricultural strength with major products such as strawberries, bananas, coffee, beans, and citrus fruits, and expressed his wish to establish partnerships with Vietnam in this area.

As part of the visit, the Ambassador and other officials of the Embassy and Vietnamese businesses also met with representatives from the Trujillo Chamber of Commerce (CATRU), and the local Small and Medium Enterprises Association. they also made a field trip to several agricultural production facilities in several specialized farming regions in the area.

Venezuela, Vietnam sign educational cooperation agreement for new period

VOV.VN - Vietnam’s University of Technology and Management (UTM) and Andrés Bello Catholic University (UCAB) of Venezuela on November 21 signed an educational cooperation agreement for the 2024-2029 period as part of activities celebrating the 35th anniversary of both diplomatic relations between the two countries (1989-2024).

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