Friday, January 18, 2019 - 14:31:33

Vietnam and the Eurasia Economic Union

Russia an important, reliable partner of Vietnam: Party leader

Politics

Russia an important, reliable partner of Vietnam: Party leader

It is Vietnam’s consistent policy to take Russia as one of the most important and reliable partners of Vietnam, General Secretary of the Communist Party of Vietnam (CPV)’s Central Committee Nguyen Phu Trong reiterated during his talks with Russian President Vladimir Putin in Sochi city on September 6.

Vietnamese firms face big changes following Eurasia Economic Union trade deal

Business

Vietnamese firms face big changes following Eurasia Economic Union trade deal

The recent conclusion of the free trade agreement (FTA) between Vietnam and the Eurasia Economic Union (EAEU), comprising of Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan, is expected to offer both opportunities and challenges to Vietnamese business players.

In an interview granted to the Vietnam News Agency, Minister of Industry and Trade Vu Huy Hoang highlighted the significance of the trade pact, the first of its kind struck between the union and an outside partner, which covers almost all commerce and investment fields from trade in goods and services, investment services, finance and banking to science-technology services, e-commerce, intellectual property, environmental protection and Government purchase.