Politics
The President of Vietnam, Nguyen Minh Triet, left on Tuesday for Venezuela in a two-day official visit that will boost bilateral trade relations. Triet will meet with his Venezuelan counterpart, Hugo Chávez.

Energy is other important sector in bilateral relations. State-run oil company Petróleos de Venezuela S.A. (Pdvsa) has increased exponentially its partnership with PetroVietnam since 2006, both in the exploration and development of oil fields as well as in the construction of a refinery in the south of the Asian country, EFE reported. 

Last August, a Vietnamese delegation visited Caracas and signed several cooperation agreements, including one for the establishment of joint ventures in Venezuela to produce energy-saving light bulbs. 

The delegations of both countries discussed then the possible creation of joint ventures in other industry sectors such as asphalt, cement and motorcycles.