Both host and guest agreed to facilitate market access, promptly remove trade barriers and address difficulties in order to meet cooperation needs and fully tap the economic potential of the EAEU and Vietnam.
The removal of tariff and technical barriers under the agreement, including the elimination of import duties on 90.5% of Indonesian goods and 90% of product lines from Russia and other EAEU member states, is anticipated to create additional momentum for expanding bilateral trade.
The Government's meeting on decentralisation, delegation of authority, and the organisation of the two-tier local administration model, Deputy PM Nguyen Chi Dung's activities during a working visit to Japan and attendance at the 30th Future of Asia forum, and the 10th anniversary of the FTA between Vietnam and the EAEU are among news highlights on May 29 evening.
Since their FTA came into effect, trade between Vietnam and the EAEU doubled to reach 5.6 billion USD in 2024.
The two leaders applauded the recent progress of economic, trade, and investment ties, agreeing on the necessity to further tap into the cooperation potential generated by the free trade agreement between Vietnam and the Eurasian Economic Union (EAEU), of which Belarus is a member.
The coming state visit to Belarus by Party General Secretary To Lam is expected to create new impetus to consolidate and strengthen the bilateral relations, and open up opportunities for businesses of the two countries in trade and investment cooperation.
Trang noted that revisiting each stage of the relationship is crucial to fully assess the role of the former Soviet Union and the current Russian Federation in Vietnam’s development, particularly in education, human resource training, national defence-security.
The official visit is a demonstration of Vietnam’s consistent policy of treasuring and promoting relations with the countries it has traditional friendship with, including Armenia.
This is the first official visit to Armenia by a top legislator of Vietnam since the two countries established their diplomatic relations in 1992. It takes place in the context of their traditional friendship developing well.
Vietnamese firms are striving to explore new export markets, improve production capacity and competitiveness, and deeply engage in value chains, especially in new and potential markets like Eastern European ones.
Kyrgyzstan always treasures the relationship with Vietnam and highly values the Southeast Asian nation's role in the region and the world, Kyrgyz PM Adylbek Kasymaliev affirmed.
Thailand is holding talks with Russia to expedite negotiations for a free trade agreement (FTA) with the Eurasian Economic Union (EAEU).
The working trip on October 23-24 by Prime Minister Pham Minh Chinh and the high-ranking delegation of Vietnam to attend the expanded BRICS Summit in Kazan, Russia, at the invitation of Russian President Vladimir Putin, Chair of BRICS 2024, is a success, contributing to promoting solidarity for addressing common challenges.
Prime Minister Pham Minh Chinh had brief meetings with foreign leaders on the sidelines of the expanded BRICS Summit in Kazan, Russia, on October 23.
Vietnamese Deputy Prime Minister and Minister of Foreign Minister Bui Thanh Son met with Russian Minister of Foreign Affairs Sergei Lavrov in Vientiane, Laos, on October 10 on the occasion of their attendance at the 44th and 45th ASEAN Summits and Related Summits.
Vietnam and Belarus have complementary economic advantages and great potential to promote their trade ties, according to participants at the Belarus - Vietnam Business Forum held in Ho Chi Minh City on September 23.
Up to 69.5 tonnes of frozen pork and by-products from Tomsk province of Russia have been exported to Vietnam, meeting the sanitary and veterinary regulations of the Eurasian Economic Union (EAEU) and the veterinary requirements of Vietnam.
Thailand is ready to start negotiations on a free trade agreement (FTA) with the Eurasian Economic Union (EAEU).
The upcoming state visit to Vietnam by Russian President Vladimir Vladimirovich Putin is expected to open up new opportunities in bilateral relations, aiming towards the prosperous development for both sides.
ASEAN countries, including Vietnam, are important priorities in Russia’s foreign policy in the Asia-Pacific region, Russian Ambassador to Vietnam G.S. Bezdetko said on May 15.