Vietnam, Russia’s Primorye region step up economic cooperation

Vietnamese Ambassador to Russia Ngo Duc Manh on July 26 had a working session with First Governor of Russia’s Far Eastern region of Primorye Vera Shcherbina, discussing measures to promote collaboration in economy-trade between the Russian locality and Vietnamese businesses.
Vietnam, Russia’s Primorye region step up economic cooperation ảnh 1At the working session between Vietnamese Ambassador to Russia Ngo Duc Manh and First Governor of Russia’s Far Eastern region of Primorye Vera Shcherbina
 (Photo: VNA)

Moscow (VNA) – Vietnamese Ambassador to Russia Ngo Duc Manh on July 26had a working session with First Governor of Russia’s Far Eastern region ofPrimorye Vera Shcherbina, discussing measures to promote collaboration ineconomy-trade between the Russian locality and Vietnamese businesses.

At the event, both sides agreed the Vietnam-Russia strategic partnership hasseen strong growth in all sectors.

Ambassador Manh affirmed Russia is a special trustworthy partner of thecountry, and thanked people in Primorye region and Russian people as a wholefor supporting Vietnam during its national liberation and construction.

Vietnam and Russia have witnessed a robust expansion in their two-way trade,especially after the Vietnam-Eurasian Economic Union Free Trade Agreement takeseffect in October 2016. However, leaders of both sides said there is huge roomfor them to enhance economic-trade cooperation.

The Vietnamese diplomat pointed out trade value with Primorye region is stillmodest, and many firms from Vietnam have expressed their interest in investingin shipbuilding industry, mining, wood exploitation, milk processing,agriculture, processing industry, and telecommunications, among others, in thePrimorye region.

Currently, dairy producer TH Group already registered 270 million USD in ahigh-tech dairy farm and milk processing complex, which has a designed capacityof 300 tonnes of milk per day, in Primorye region.

To that end, Ambassador Manh hoped Primorye authority would continue supportfor TH Group and other Vietnamese companies who want to land investments in thelocality.

He suggested Primorye region provide information on local potential andpreferential policies for Vietnamese investors, as well as create conditionsfor Vietnamese labourers to work in the locality.

Shcherbina, for her part, laid stress on the fruitful cooperative relationswith Vietnam in education, tourism and culture in the past time. Both sides areexploring the possibility to open a direct air route between Vietnam andPrimorye region.

She recommended both sides discuss the implementation of projects in energy,infrastructure development, industry-agriculture, manufacturing-technology complex,and forestry, information-telecommunications complex at the Eastern EconomicForum scheduled in Vladivostok in September.

On the occasion, Ambassador Manh visited and had a working session with the FarEast Federal University in Vladivostok and attended a banquet on Vietnam’s frigate 016-QuangTrung which anchored at Vladivostok port on July 25, beginning a courtesyvisit to Russia.-VNA
VNA

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