Venezuela-Vietnam Business Forum installed in Caracas

Published at: 23/06/2026 10:31 PM

Venezuela and Vietnam inaugurated in Caracas a high-level Business Forum to strengthen the existing commercial architecture between their peoples and governments, with the presence of more than a hundred delegates and businessmen from both nations, who evaluate financing and investment with the purpose of strengthening bilateral productive exchange.

From the Convention Hall of Simón Bolívar Park in La Carlota, this meeting was held, which seeks to strengthen strategic alliances for shared benefit. On stage, the sector vice-president of Economy and Finance, Calixto Ortega, was present, who explained that the objective is to build a long-term practical environment that means strengthening productive sectors, improving coordination between public institutions and investors, and identifying viable projects.

“It means reducing obstacles where possible and it means creating a framework in which investors can evaluate opportunities with greater confidence,” he said in his opening words, broadcast on Venezolana de Televisión (VTV).

Rebuilding trust

He reported that Venezuela's investment environment is constantly changing, because the country is experiencing a new economic phase. “Venezuela is working to rebuild trust, restore productive capacity, strengthen the institution, normalize international and financial relations and attract investment that supports sustainable growth.”

Ortega indicated that this is a gradual process, but it is also necessary. “And we are sure that our Vietnamese business partners will be linked to the recovery (...) and will be a pillar of this recovery and will thrive in a fruitful alliance with Venezuela.”

He noted that the International Center for Productive Investment (CIIP) has an important role to play in helping to connect investor interest with real opportunities in Venezuela. “That means facilitating dialogue, helping investors, guiding them in identifying priority sectors and supporting a more structured approach to promoting the dimension.”

He said the message is simple: “Investors have a unique opportunity to build strong alliances, now, in a country with exceptional potential, significant needs and a desire to prosper for Vietnamese companies.”

“This is a unique opportunity to be part of Venezuela's next stage of productive development,” he concluded.

Mazo News Team