An exhibition of Vietnamese products for export opened in Moscow on Sept. 15 with businesses hoping to get a bigger share in the Russian market.

Addressing the opening ceremony, Vietnamese Ambassador to Russia Bui Dinh Dinh stated that the four-day expo is the biggest of this kind so far, showcasing a wide range of products, from agriculture, forestry, fisheries, foodstuff, drinks, woodworks, fine arts and handicrafts to construction materials, pharmaceuticals, electronics components, plastic and electric cables.

Vietnamese Industry and Trade Minister Vu Huy Hoang stressed that businesses from both countries are exerting efforts to raise two-way trade to 3 billion USD by the end of 2010, the expo aims at helping Russian importers and consumers get a better understanding of Vietnam ’s export potential.

He affirmed that Vietnam is ready to meet Russian people’s consumption demands with high-quality products with competitive prices.

Also present at the ceremony, Russian Minister of Industry and Trade Victor Khristenko affirmed that the development the Russia-Vietnam partnership relations is based firmly on the long-time experiences in bilateral trade, investment and financial cooperation.

He said that bilateral trade turnover increased 40 percent over the past two years, hitting 2.2 billion USD, higher than the targeted level despite the global economic-financial crisis. He expressed his wish that cooperation prospect between the two countries would be expanded.

During the expo, a seminar on opportunities of investment and trade in agro-forestry and fisheries was held on Sept. 15 to promote Vietnamese agricultural products and attract foreign investment in the field./.