Venezuela willing to provide best conditions for Vietnamese investors

Expressing a strong desire to welcome Vietnamese agricultural enterprises for investment cooperation in Venezuela, Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez affirmed that the Venezuelan Government is willing to offer the best conditions and highest incentives to Vietnamese investors.
Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez (in green) meets and works with the Vietnamese business delegation. (Photo: Embassy of Vietnam in Venezuela)
Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez (in green) meets and works with the Vietnamese business delegation. (Photo: Embassy of Vietnam in Venezuela)

From April 23-30, a delegation of Vietnamese enterprises, active in dairy processing and dairy products, agricultural goods, and waste treatment in agricultural production, visited Venezuela and participated in the International Startups Conference.

The delegation met and worked with Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez, and Minister of Agriculture and Land Julio Leon.

During the meeting with the delegation, Venezuela’s Vice President and Chairman of the Venezuela–Vietnam Intergovernmental Committee Jorge Marquez expressed his delight that Vietnamese businesses had come to explore the Venezuelan market and welcomed their interest in cooperating and investing in Venezuela.

“Venezuela has 100,000 hectares of arable land ready to welcome Vietnamese enterprises for mutually beneficial cooperation and investment,” Vice President Jorge Marquez emphasised.

He reiterated that the Venezuelan Government is committed to providing the most favourable conditions and highest incentives for Vietnamese businesses.

Sharing this view, Minister of Agriculture and Land Julio Leon expressed his admiration for Vietnam’s experience in agricultural production and voiced his hope that agricultural cooperation would become a key pillar in the bilateral relationship in the near future.

At the working sessions, on behalf of the Vietnamese business delegation, Nguyen Quang Vinh, expert in sustainable agricultural development and General Director of VIHAB Company, stated that the Venezuelan Government’s commitment to supporting Vietnamese enterprises would provide a solid foundation for the effective implementation of investment projects, contributing to the promotion of bilateral economic and trade relations.

Nguyen Khac Hoang, CEO of Royal Viet International Food JSC, remarked that he highly valued Venezuela’s potential and strengths in agricultural development and believed that with the support of both governments, agricultural cooperation would take a new step forward, contributing to the strengthening of bilateral ties.

According to Vietnamese Ambassador to Venezuela Vu Trung My, the participation of the Vietnamese delegation in the International Startups Conference in Venezuela provided an excellent opportunity for Vietnamese enterprises to connect, seek opportunities, and foster investment cooperation with Venezuelan partners.

He affirmed that he would serve as a bridge, supporting Vietnamese investors in building effective partnerships in Venezuela and further deepening the multifaceted cooperation between the two countries in politics, diplomacy, trade, investment, agriculture, energy, culture, and people-to-people exchanges.

NDO
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