Illustrative image (Source: VNA)
The Vietnam Chamber of Commerce and Industry (VCCI) organised a meeting in Hanoi on September 29 for Vietnamese and Russian enterprises to help share information and seek investment cooperation opportunities.

Members of the Russian business delegation to Vietnam mainly operate in urban construction and design, infrastructure building, transportation and health equipment manufacturing.

VCCI Secretary General Pham Thi Thu Hang said that Vietnam is becoming an increasingly attractive market to Russian enterprises and investors, especially in the fields of new and renewable energies, industry, high technology, mechanics, and petrochemistry.

Vietnam is willing to create favourable conditions for Russian firms and other partners to do business in the country, she affirmed.

Head of the Russian business delegation Strozhaeva Lubov Viktorovna stated that her country’s enterprises are keen to cooperate with Vietnamese partners as a market with high potential.

Over the past years, Vietnam-Russia economic ties have been intensified in the four key pillars of trade, investment, oil and gas and power energy.

Bilateral trade jumped from 500 million USD in 2001 to nearly 3 billion USD in 2014.-VNA