Seminar seeks to boost Vietnam-Russia economic links

The Vietnamese Businesses’ Association in Russia hosted a seminar in Moscow on March 5 to discuss ways to promote economic and trade ties between Vietnam and Russia and the Eurasian Economic Union.

Participants at the seminar (Source: VNA)

Moscow(VNA) – The Vietnamese Businesses’ Association (VBA) in Russia on March 5hosted a seminar in Moscow to discuss ways to promote economic and trade tiesbetween Vietnam and Russia and with the Eurasian Economic Union (EAEU).

During the event, participants reviewed the association’s activities in 2016and proposed future plans.

Vietnamese enterprises were urged to maintain their operations in Russia, withRussia’s economy showing signs of recovery.

The free trade agreement signed between Vietnam and the EAEU createsopportunities for Vietnamese enterprises in Russia, they said.

According to Commercial Counsellor of the Vietnamese Embassy in Russia DuongHoang Minh, the EAEU-Vietnam Free Trade Agreement has boosted economic links betweenVietnam and Russia.

Vietnam’s export turnover to Russia increased by 20 percent in 2016, Minh said.

Meanwhile, Chairman of the VBA in Russia Le Truong Son stressed that Vietnamesefirms in Russia have made efforts to reinforce their position and market share.

The association has served as a bridge to strengthen links between Vietnam andRussia, he said, adding that the association is operating large-scaleprogrammes to enhance economic and trade ties between Vietnam and the EAEU.-VNA 

VNA