Russian and HCM City companies sign cooperation deals (Photo: VNA)

A conference on trade and tourism promotion of Ho Chi Minh City was organised in Moscow, Russia on September 15 by the Ho Chi Minh City People’s Committee and the Vietnamese Embassy in Russia.

Speaking at the conference, Vice Chairman of the Ho Chi Minh City People’s Committee Nguyen Thi Hong and Ambassador to Russia Nguyen Thanh Son affirmed that Vietnam and its southern hub treasure Russia as a friend and a reliable comprehensive strategic partner and are dedicated to bolstering bilateral cooperation towards the development and prosperity of the two countries and their peoples.

Vietnam’s signing of a free trade agreement with the Eurasian Economic Union last May has paved the way for the country to increase trade with Russia, Son said, adding that the two nations should stand together and support each other in economics, trade and tourism, especially as Russia has penalties imposed on it by the European Union.

The event provided a platform for more than 200 businesses from Ho Chi Minh City operating in Russia and local enterprises, most of which are from the Russian Far East territory, to exchange practices and seek business opportunities. Dozens of deals were inked at the conference.

Some 27 enterprises from Ho Chi Minh City also introduced over 300 types of products in an exhibition on the sidelines of the conference.-VNA