Advanced technology as new focal point in Vietnam-Russia cooperation
Vietnam and Russia should diversify and expand bilateral cooperation into new areas, with a focus on high-tech projects, Chief Representative of the Russian Trade Office in Vietnam Golikov Maxim suggested at a business forum in Ho Chi Minh City on October 8.
He reported that Russia is carrying out a number of trade promotion programmes to expand the presence of Vietnamese goods on its market.
Russian consumers are particularly interested in seafood, vegetables, fruit, and canned goods.
In order to reach US$7 billion in bilateral trade by 2015, both countries need to accelerate the establishment of a free trade zone between Vietnam and the Customs Union of Belarus, Kazakhstan and Russia.
This would benefit socio-economic development in all States involved and open up new opportunities for business communities.
As of September, Russia implemented 20 investment projects worth US$44.4 million in Ho Chi Minh City. Furthermore, Russian tourists were amongst the top 10 nationalities to visit the city.
Vice Chairwoman of the municipal People’s Committee Nguyen Thi Hong considered Russia a key market for the city in a number of areas, such as trade, investment and tourism.
With the hope of making inroads into Russia, the city is carrying out a number of measures to study its business climate.
Russian consumers are particularly interested in seafood, vegetables, fruit, and canned goods.
In order to reach US$7 billion in bilateral trade by 2015, both countries need to accelerate the establishment of a free trade zone between Vietnam and the Customs Union of Belarus, Kazakhstan and Russia.
This would benefit socio-economic development in all States involved and open up new opportunities for business communities.
As of September, Russia implemented 20 investment projects worth US$44.4 million in Ho Chi Minh City. Furthermore, Russian tourists were amongst the top 10 nationalities to visit the city.
Vice Chairwoman of the municipal People’s Committee Nguyen Thi Hong considered Russia a key market for the city in a number of areas, such as trade, investment and tourism.
With the hope of making inroads into Russia, the city is carrying out a number of measures to study its business climate.