Havana, Cuba.- Businesses in tourism, biotechnology, pharmaceutical production and basic industries are among the opportunities Cuba will present today to Vietnamese businessmen.

The bilateral forum will be held at the Hotel Nacional in this capital, on the occasion of the General Secretary of Vietnam’s Communist Party Nguyen Phu Trong’s official visit to the island.

The event will promote contact between Cuban agencies and important firms of that Asian country, including Tin Thanh, Viglacera, Thai Binh, Hanel, Viet-Jet Air and Sovico Holding, the Cuban Chamber of Commerce, confirmed.

Thai Binh Investment Trading Corporation company is currently developing an investment project here, under the protection of the incentives in the Mariel Special Development Zone (ZEDM), west of Havana.

Vi Nguyen Phuong, general director of the company, told the press that the factory will start production as of 2019 first quarter and when it is at full capacity, it will provide 40 million disposable diapers and 150 million sanitary pads per year. Thai Binh also plans to build in the ZEDM a powder detergent plant, with a capacity of 50,000 tons per year, as of the future creation of a joint venture with the Cuban trading company Industrias Nexus S.A., the official said.

Ambassador Nguyen Trung Thanh appreciated the possibility to increase the exchange of goods and services to about $500 million USD by 2020.

Havana and Hanoi established diplomatic relations in December 1960, ties that the two states describe as excellent and denote the common goal to improve socialism in favor of the sustainable development.