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Expo-Russia Vietnam 2017 opens in Hanoi

The Expo-Russia Vietnam 2017, the second of its kind, kicked off in Hanoi on December 13.
Expo-Russia Vietnam 2017 opens in Hanoi ảnh 1Vietnam-Russia Business Forum (Source: VNA)

Hanoi (VNA) – The Expo-Russia Vietnam 2017, the second of its kind,kicked off in Hanoi on December 13.

Speakingat the opening ceremony, Deputy Prime Minister Trinh Dinh Dung said that thefree trade agreement between Vietnam and the Eurasian Economic Union is openingup more cooperative opportunities for Vietnam and Russia and other signatories.

Heasked the two countries’ business communities to actively study the agreement’scontents to take advantage of opportunities brought by this agreement.

Russiais Vietnam’s important trade partner with two-way trade hitting 3.2 billion USDin the first 11 months of 2017, or a year-on-year rise of 26.7 percent.However, the figure is quite modest compared with the target of 10 billion USDin 2020 set by the two countries’ leaders, Dung said.

Therefore,Dung expressed his hope that Vietnam’s garment, footwear, agricultural,electronic products, and consumer products can better approach the Russian market.

Atthe same time, Vietnam is willing to welcome agricultural and industrialproducts, especially in Russia’s strong fields such as energy, oil and gasexploitation, industrial equipment, automotive production and mineral, he said.

Healso stressed that Vietnam hopes Russia will create favourable conditions forVietnamese enterprises to seek investment opportunities in Russia inagriculture, food processing, information technology, services, real estate andmining.

TheExpo-Russia Vietnam 2017, which will last until December 15, is attractingabout 100 Russian enterprises operating in energy, mechanics, transportationinfrastructure, telecommunications, mining, chemical, agriculture and hightechnology.

Onthe day, the Vietnam Chamber of Commerce and Industry, in collaboration withthe second EXPO Russia-Vietnam Organising Board, held the Vietnam-RussiaBusiness Forum as part of the Expo-Russia Vietnam 2017.-VNA
VNA

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