As many as 30 prominent entrepreneurs representing the Vietnamese business community across Russia have gathered in Volgagrad city to discuss their future direction and orientation.

The conference, organised by the Vietnam Business Association in Russia (VBA) on May 10, aimed to help VBA review its operations in 2012 and work out new plans for 2013.

Addressing the event, VBA President Tran Dang Chung emphasised that the association always pays due attention to trade promotion assistance as well as ties with relative departments and sectors in both Vietnam and Russia .

It also organised tours to Russian localities for Vietnamese businesses in order to help them gain access into the Russian market and seek investment opportunities, he added.

Participants at the event pointed out a number of challenges posed by the global economic recession, Russian participation into the World Trade Organisation (WTO), and local authorities’ policy changes.

These above-mentioned challenges require all VBA members to intensify their linkage, and information and experience exchanges in order to take full advantage of their available strengths and potentials.

The VBA also needs to work closely to further strengthen the Vietnamese community in Russia and contribute to the national cause of construction and protection.

On the sidelines of the conference, Vietnamese entrepreneurs met with business representatives from the province of Volgagrad to promote trade and investment opportunities.-VNA