Business forum highlights Vietnam-Russia cooperation prospects hinh anh 1At the forum (Photo: VNA)
Moscow (VNA) – A business forum was held in Moscow on September 18 to promote cooperation between Vietnam and Russia when the Vietnam – Eurasian Economic Union (EAEU) free trade agreement comes into effect on October 5 this year.

Addressing the event, Deputy Prime Minister Trinh Dinh Dung detailed Vietnam’s external affairs, economics, defence, security, culture and society, adding that one of the country’s most significant accomplishments was becoming a middle-income country from an under developed one.

He attributed the achievements to contributions from overseas Vietnamese, including those in Russia , saying difficulties still lie ahead requiring efforts from people at home and abroad.

The free trade pact between Vietnam and the EAEU is expected to boost bilateral trade, investment and tourism.

To fully benefit from the deal, the Vietnamese community in Russia should use more legal and transparent business models and increase the quality of products according to international standards, he said.

Vietnamese Ambassador to Russia Nguyen Thanh Son vowed to work with the Vietnam Business Association in Russia to realise the Party and State’s policy of global integration and enhance the two countries’ relations.

Deputy PM Dung is paying a working visit to Russia from September 17-22 to attend the 19th session of the Vietnam-Russia Intergovernmental Committee for Economic-Commercial and Scientific-Technological Cooperation.-VNA