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Vietnam and Venezuela Prepare for Fourth Intergovernmental Committee Meeting

Vietnam and Venezuela plan to hold their fourth Intergovernmental Committee meeting in Caracas to discuss bilateral cooperation priorities for 2026–2030. Officials discussed preparations on November 11, 2026. Bilateral trade totaled $54 million in 2025.

VietVance

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Vietnam and Venezuela agreed to work toward holding the fourth Intergovernmental Committee meeting in Caracas, the Venezuelan capital, at an appropriate time to discuss bilateral cooperation priorities for 2026–2030. Officials from the two countries discussed preparations on November 11, 2026, but a date for the meeting has yet to be set.

Vietnamese Deputy Minister of Industry and Trade Lương Hoàng Thái meets Venezuelan Deputy Minister of Foreign Affairs and Foreign Trade Eduardo Antonio Ramírez Castro.(VietVance)

Vietnamese Deputy Minister of Industry and Trade Lương Hoàng Thái said the fourth meeting, following a lengthy interruption in the Intergovernmental Committee’s work, would give both sides an opportunity to review their cooperation and identify directions suited to the two countries’ current circumstances. Venezuelan Deputy Minister of Foreign Affairs and Foreign Trade Eduardo Antonio Ramírez Castro proposed considering the inclusion of security, defense, telecommunications and healthcare in the committee’s areas of cooperation.

The meeting is expected to focus on the bilateral agenda for 2026–2030 adopted by the two countries, including agriculture and food security, energy and oil and gas, economic cooperation, trade and investment, and telecommunications, technology and healthcare. The agenda was adopted during a visit to Venezuela by Vietnamese Foreign Minister Lê Hoài Trung. The Intergovernmental Committee was established under a framework cooperation agreement signed by the two governments on July 31, 2006. Its previous three meetings were held in Caracas in August 2008 and April 2012, and in Hanoi in March 2015.

In 2025, Vietnam–Venezuela trade totaled $54 million, comprising $46.8 million in Vietnamese exports to Venezuela and $7.2 million in imports from Venezuela. Vietnamese exports included textiles and garments; vehicles and parts; computers, electronic products and components; and textile fibers and yarns. Venezuelan exports to Vietnam were relatively modest and mainly included seafood, agricultural products, wood and wood products, and textile materials and accessories.

Source: VietVance

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