Vietnam looks to boost economic, trade ties with Russian localities

Vietnam attaches great importance to economic, trade and investment cooperation with Russian localities, Vietnamese Ambassador to Russia Ngo Duc Manh has said.
Vietnam looks to boost economic, trade ties with Russian localities ảnh 1Vietnamese Ambassador to Russia Ngo Duc Manh (R) and Governor of the Kursk region Roman Starovoit (Photo: VNA)
Hanoi (VNA) – Vietnam attaches greatimportance to economic, trade and investment cooperation with Russianlocalities, Vietnamese Ambassador to Russia Ngo Duc Manh has said.

The Vietnamese diplomat made the statement during his meetings with governorsof the southwestern Kursk and Bryansk regions of Russia on the occasion of his visits to theselocalities on March 23-24, as part of activities to further strengthen cooperationbetween Vietnam and Russia in general and their localities in particular.

Manh and Governor of the Kursk region Roman Starovoit, in theirmeeting, expressed their joy at the increasing development of Vietnam-Russiacomprehensive strategic partnership, especially in recent times.

Starovoit called on Vietnamese businesses to increase their investment inpromising sectors such as agriculture and tourism.

In 2020, trade turnover between Kursk and Vietnam hit 30 million USD, hesaid.

Meanwhile, Governor of the Bryansk regionAlexander Bogomaz briefed Manh on the locality’s socio-economic development,noting that the Russian locality still maintained positive growth despiteimpacts of the COVID-19 pandemic.  

He thanked the Vietnamese diplomat and relevant agencies for theirefforts to promote cooperation between businesses of the two countries,especially in agriculture.

For his part, Manh said he is pleased with the Kursk region’s cooperationagreement with its sister Ninh Thuan province of Vietnam.

He thanked the two local governments for supporting the Vietnamese community tolead a stable life in Russia, thus contributing to the development of theRussian localities and their homeland.

Despite the COVID-19 pandemic, trade value between Vietnam and Russia still increased8 percent to 5 billion USD. Notably, in the first two months of this year, itsurged by over 30 percent, hitting nearly 800 million USD. Vietnam is thelargest market of Russia’s meat products, accounting for nearly 45 percent ofits total meat exports.

On the occasion, Ambassador Manh and his entourage visited food processingestablishments, livestock and poultry production complexes of Miratorg Group inKursk and Bryansk./. 
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