Russian oblast ready to facilitate Vietnamese firms’ investment

Russia’s Kaluga Oblast is willing to give incentives and help Vietnamese enterprises invest in the region, a local official has said.
Russian oblast ready to facilitate Vietnamese firms’ investment ảnh 1Governor of Kaluga Oblast Artamonov Kaluga Anatoly Artamonov (L) and Vietnamese Ambassador Ngo Duc Manh (Source: VNA)

Moscow (VNA)
– Russia’s Kaluga Oblastis willing to give incentives and help Vietnamese enterprises invest in the region,a local official has said.

Governor of Kaluga Oblast Artamonov KalugaAnatoly Artamonov made the statement during a working session withrepresentatives from the Vietnamese Embassy in Russia on April 16.

Artamonov, head of the Russian region that has the largest cooperation projectwith Vietnam in a dairy factory invested by TH True Milk, informed VietnameseAmbassador Ngo Duc Manh about the progress of theproject.

The two sides exchanged views on the progress of the project and discussed measuresto remove difficulties for enterprises.

Artamonov said the region has provided favourableconditions for Vietnamese firms, but issues related to procedures forVietnamese labourers to work in the plant must be solved at the governmentlevel.

For his part, Ambassador Manh thanked Kaluga’s officials for their aid forVietnamese enterprises and labourers, affirming that the embassy will help Vietnamesebusinesses expand in Russian.

He proposed and Artamonov welcomed Manh’s idea of establishing a cooperativerelationship between Kaluga and a Vietnamese locality.

In an interview with Vietnam News Agency’s correspondents in Russia, Artamonovsaid that through his visits to TH True Milk’s project, he admired technologiesthat the Vietnamese side has prepared for the project.

He expressed his belief that when investing in Russia and in Kaluga inparticular, the dairy enterprise is capable of supplying not only to theRussian market but also other markets.

Kaluga has preferential policies to make iteasy for Vietnamese enterprises to invest in Kaluga, he affirmed.

Vietnamese workers can also find job opportunities in garment and agriculturebusinesses in Kaluga with good wages, he noted.

Cooperation between the Vietnamese side and Kaluga is now more convenient asthe railway from Kaluga to China has been cleared. Kaluga is currently supplyingpoultry to Vietnam, and is considering the possibility of cooperating withVietnam in raising poultry in the country.

Shrimp farming is another cooperativedirection that Artamonov suggested to Vietnamese enterprises in the context thatVietnamese enterprises are having difficulties in exporting shrimp to Russia. -VNA

VNA

See more

Industrial factories in Tan Uyen city, the southern province of Binh Duong (Photo: VNA)

Investors upbeat about Vietnam’s industrial property market

Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.

Vietnamese Ambassador to Belgium and head of the Vietnamese Delegation to the EU Nguyen Van Thao addresses the forum (Photo: VNA)

Forum connects Vietnamese, Belgian busineses

The Vietnam-Belgian business forum took place in Brussels on October 23, offering a chance for enterprises of the two countries to introduce their products and explore new cooperation opportunities.

The expos cover over 6,000 sq.m, drawing over 210 exhibitors from 10 countries and territories. (Photo: VNA)

Hanoi hosts textile & garment, fabric garment accessories expos

The Vietnam Hanoi Textile & Garment Industry and Fabric Garment Accessories Expos 2024 (HanoiTex & HanoiFabric 2024) is taking place in Hanoi on October 23 – 25 as part of a series of international exhibitions on Vietnam's textile and garment industry.

Representatives from Vietnamese and Lao agencies, localities and businesses at the opening ceremony of the Vietnam-Laos trade fair 2024 in Xiengkhouang province. (Photo: VNA)

Vietnam, Laos step up trade, tourism promotion

A Vietnam-Laos trade fair was kicked off in Phonsavanh township in Xiengkhouang province of Laos on October 23 as part of activities to celebrate the 75th anniversary of the traditional day of Vietnamese volunteer soldiers and experts in Laos (October 30, 1949 – 2024).

Illustrative photo (Photo: chinhphu.vn)

Vietnamese goods enter US through global supply chain

The Saigon Co.op Distribution Company Limited (SCD) - a member of the Ho Chi Minh City Union of Trade Cooperatives (Saigon Co.op), and STC Natural Vina Company on October 23 held a hand-over ceremony for goods that will be exported to the US.

Vietnam’s lobsters have clawed their way back onto Chinese menus after a suspension. (Photo: VNA)

Vietnam’s lobsters claw back prominence in China

Vietnam’s lobster export to the Chinese market in January-September rose 33 folds year-on-year on the back of lower prices and stronger trade ties between the two nations, the South China Morning Post said on October 22.