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Apr 22, 2016 / 14:26

Ambassador: Fostering Cuba - Vietnam relationship​

Cuban Ambassador to Vietnam Herminio Lopez Diaz said that Cuba will continue creating favourable conditions to intensify its partnership with Vietnam, particularly in economy and trade.


Cuban Ambassador to Vietnam Herminio Lopez Diaz
Cuban Ambassador to Vietnam Herminio Lopez Diaz

“We hope and believe that Cuba will receive Vietnam’s investment in many projects that both sides are interested in and benefit from”, he noted. Cuba is faithful to the goal of protecting national independence and sovereignty in its foreign policy. It is willing to press on with the normilisation of relations with the US. The country is also strengthening ties with other Latin American nations and boosting regional integration. 

The ambassador said Cuba moved a step closer to shaping the economic model that it wants to use. He said Cuba will continue prioritising State ownership in fundamental industries. However, it also recognises the growing role of non-State sectors, along with the role of small- and medium-sized enterprises and individual business households. He said Vietnam’s reform process is important reference material for Cuba. His country has examined reforms in Vietnam, China and many other countries. 

The close partnership between the Vietnamese and Cuban Parties and States provides opportunities for them to exchange experience in this field. The Vietnamese leaders have shared their nation’s reform experiences, giving Cuba valuable lessons, the ambassador added.