A Vietnamese delegation led by Minister of Planning and Investment Nguyen Chi Dung is attending the fourth Eastern Economic Forum (EEF) held in the Russian city of Vladivostok.
Russia’s press has intensively covered the freshly-concluded visit to Russia by General Secretary of the Communist Party of Vietnam (CPV) Central Committee Nguyen Phu Trong, as well as relations between the two countries.
Vietnam and Russia issued a 40-point joint statement on the official visit to Russia by General Secretary of the Communist Party of Vietnam’s Central Committee Nguyen Phu Trong from September 5-8, made at the invitation of Russian President Vladimir Putin.
Vietnamese steel has faced nearly 10 trade remedy cases in just over a month, which has once again put the industry under great pressure from trade barriers in other countries.
Vietnam has actively got involved in the realisation of ASEAN commitments since the country joined the association on July 28, 1995, according Deputy Minister of Foreign Affairs Nguyen Quoc Dung.
Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement (EAEU – Vietnam FTA) in more than one year and a half since it took effect.
Vietnamese Ambassador to Ukraine and Moldova Nguyen Anh Tuan has expressed wish that traditional ties between Vietnam and Moldova will further grow via the State, National Assembly and Government channels and people-to-people exchange.
The textiles and garment industry gained the second-largest export value in the first four months of this year, after the export value of phones and their components, according to the Ministry of Industry and Trade.
The adoption of a zero percent tariff from January 2018 among member countries of the Association of Southeast Asian Nations (ASEAN) will create opportunities for Vietnamese businesses to seek markets in the region, but competition in the domestic market will also become fiercer with the flood of imports from ASEAN region.
Russian enterprises are displaying products of their key sectors at the 28th Vietnam International Trade Fair (Vietnam Expo 2018), which opened in Hanoi on April 11.
The Russian Export Centre in HCM City has launched a Russia Commercial House to support business connectivity between the two countries, thus boosting bilateral trade.
Prime Minister Nguyen Xuan Phuc wants Vietnam and Belarus to roll out measures to raise their trade value to over the current 100 million USD level as there is huge cooperation potential that remains untapped.
Deputy Prime Minister and Foreign Minister Pham Binh Minh and Russian Foreign Minister Sergey Lavrov agreed on measures to effectively boost bilateral ties during their talks in Hanoi on March 23.
Russia is one of the important export markets of Vietnam, especially after the Vietnam-Eurasian Economic Union (EAEU) Free Trade Agreement took effect on October 5, 2016.
More Vietnamese businesses may soon be allowed to export aquatic products to Russia this year after a Russian working group made a fact-finding tour of some Vietnamese exporters, said Trade Counsellor of Vietnam in Russia Duong Hoang Minh.