The Russian Culture Centre in Hanoi on April 14 held a press conference to announce the planned activities of a delegation of Russian businesses visiting Vietnam from April 12-19, aimed at intensifying economic ties between the two countries.

The visit by the firms – who all operate in technological reform - forms part of a long-term project “Russia-Vietnam: The new economy” that began in April 2012 under the sponsorship of the State Duma and the Russian Union of Innovation and Technology Centres.

Strozaeva Lubov Viktorovna, the project’s director, said that economic relations between Vietnam and Russia have enjoyed fine development thanks to bilateral activities.

More and more projects in Vietnam are focusing on strengthening the two countries’ technology, trade and investment ties, as well as promoting technological transfer and the application of new technologies, she added.

During their stay in Vietnam, representatives from Russian companies are scheduled to introduce their technologies in food industry, environment, energy and medical equipment manufacturing.

They will also attend bilateral and multilateral talks with partners in Vietnam.-VNA