Business

Saint Petersburg firms seek partnerships in Ho Chi Minh City

Saint Petersburg firms are willing to partner with Ho Chi Minh City in trade, foodstuff, traditional medicine, information technology, clean water supply and wastewater treatment.
Saint Petersburg firms seek partnerships in Ho Chi Minh City ảnh 1Governor Georgy Poltavchenko (L) and Chairman Le Hoang Quan (Source: VNA)

HCM City (VNA) – Saint Petersburg firms are willing to partner with Ho Chi Minh City in trade, foodstuff, traditional medicine, information technology, clean water supply and wastewater treatment.

Visiting Governor Georgy Poltavchenko made the statement during his meeting with Chairman of the municipal People’s Committee Le Hoang Quan on December 8.

Poltavchenko said both sides will launch more education-culture connections following meetings during the visit, adding that Saint Petersburg wants to work with Ho Chi Minh City in the fields of tourism and transport infrastructure.

He suggested establishing a working group to realise the initiative in mid-2016.

Quan, for his part, said the visit is concurrent with the 10 th anniversary of the signing of a cooperation agreement between Ho Chi Minh City and Saint Petersburg (December 9).

He pledged all possible support to bilateral economic affiliations to match political ties between the two countries and localities.

The host informed his guest that the Saigontourist company and Saigon Trading company will invest in tourism and trade in Russia in the foreseeable future.

Russia is current investing in 21 projects topping 30 million USD in Ho Chi Minh City.

In January-August, the southern metropolis welcomed around 50,000 Russian visitors and its two-way trade with Russia surpassed 200 million USD./.

VNA
#Saint Petersburg #Governor Georgy Poltavchenko #Ho Chi Minh City Ho Chi Minh City Russia
Follow VietnamPlus

Related News

See more

ASEAN, China promote cross-border payments

ASEAN, China promote cross-border payments

In the first quarter of 2025, the value of RMB transactions between China and Malaysia reached 102 billion RMB (4 billion USD), up 27% year-on-year, while transactions with Cambodia reached 5 billion RMB (686 million USD), an increase of 45% compared to the same period in 2024.

Vietnamese Ambassador to China Pham Thanh Binh (left) and Chairman of the China Council for the Promotion of International Trade Ren Hongbin. (Photo: VNA)

Vietnam, China eye deepening trade promotion cooperation

The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.

PM Pham Minh Chinh speaks at the meeting. (Photo: VNA)

PM calls for bold, accelerated action in railway development

Prime Minister Pham Minh Chinh has urged ministries, agencies, and localities to act with “greater speed and boldness” to carry out Vietnam’s railway projects at the second meeting of the Steering Committee for key national railway projects in Hanoi on April 26.

Vietnamese Ambassador to Cambodia Nguyen Minh Vu meets with leaders and staff of three rubber companies in Kampong Thom province, Cambodia. (Photo: VNA)

Vietnam, Cambodia deepen investment links in Kampong Thom

Vietnamese Ambassador to Cambodia Nguyen Minh Vu on April 25 paid a working visit to several subsidiaries of the Vietnam Rubber Group (VRG) in Kampong Thom province, and held discussions with provincial leaders to enhance coordination and create more favourable conditions for Vietnamese firms, thereby promoting stronger bilateral investment ties.

Can Tho leaders and Bestway Group executives perform the symbolic launch ceremony for the new project. (Photo: VNA)

Bestway International launches 300 million USD plant in Can Tho city

Once operational, the plant is projected to create over 5,000 direct jobs and generate approximately 500 million USD in annual revenue, primarily through exports. The project is expected to significantly enhance regional employment and economic growth, contributing to Can Tho’s development and the broader Mekong Delta region.

Tra fish processed for export in Dong Thap province (Photo: VNA)

World Bank forecasts Vietnam's GDP growth at 5.8% in 2025

As a trade-oriented economy, with imports and exports representing almost 170% of the GDP, Vietnam is particularly exposed to ongoing shifts in global trade policies. The US remains the largest export destination of Vietnam, accounting for 30% of its total exports, while China makes up 38% of its imports.

Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien (Photo: VNA)

US calls tariff talks with Vietnam productive

US Trade Representative Jamieson L. Greer and Vietnamese Minister of Industry and Trade (MOIT) Nguyen Hong Dien agreed on the importance of making swift progress towards reciprocal and balanced trade between the US and Vietnam.

The working delegation from the Party Central Committee's Commission for Information, Education and Mass Mobilisation inspects the resettlement area for residents affected by the Ninh Thuan 1 Nuclear Power Plant project. (Photo: VNA)

Ninh Thuan asked to gain public support for nuclear power plant project

Pham Van Hau, Permanent Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council, stated that recognising the importance of the project, the province has developed specific plans and a roadmap for its implementation. This includes focusing on effective communication efforts to gain high consensus among officials, Party members, and people.