The ribbon-cutting ceremony at the trade fair in Moscow (Photo: VNA)
Moscow (VNA) 🍎– More than 50 businesses from Ho Chi Minh City displayed their products at a Vietnamese trade fair held in Moscow, Russia, on October 6.
Their products showcased at the event ranged from handicrafts, agricultural produce to medicine, furniture, apparel and electronic appliances.
Speaking at the opening ceremony, Vietnamese Ambassador to Russia Nguyen Thanh Son stressed the exposition was part of promotion programmes to help Vietnamese firms carry out market research and seek partnerships, particularly after the free trade agreement between Vietnam and the Eurasia Economic Union (EAEU) took effect.
He said he believes goods from the southern economic hub will gain favour with Russian consumers for competitive prices and diversity.
Pham Ngoc Nhung from the HCM City People’s Committee stated the city accounts for 30 percent of Vietnam’s total export value, but its shipments to Russia still fall short of potential.
Local businesses have brought to the fair goods they want to export in the hope of winning over Moscow consumers and from Moscow reaching out to markets across Russia and in other EAEU member states, Nhung noted.
Yury Morozov, Head of the International and Interregional Cooperation Division at the Moscow Chamber of Commerce and Industry, said fairs selling made-in-Vietnam products have been warmly welcomed by Russian consumers.
He added that the range and quality of these goods have been improved year by year, reflecting significant progress of each business and the whole economy.-VNA
Dang Hoang Hai, Head of the Ministry of Industry and Trade’s European Market Department talked about opportunities and challenges the EAEU FTA would bring to Vietnam's seafood.
The best goods from Hanoi are being showcased in Moscow with a view to benefiting both local consumers and Vietnamese businesses which want to seek partnerships in Russia.
Officials of Hanoi and Moscow are calling on enterprises from the two cities to seize the opportunities expected to be brought by upcoming enforcement of the free trade agreement.
Secretary of the HCM City’s Party Committee Dinh La Thang suggested stronger economic cooperation between Vietnam and Belarus in the context that the Vietnam-Eurasian Economic Union FTA took effect.
The free trade agreement (FTA) between Vietnam and the Eurasia Economic Union (EAEU) provides both opportunities and challenges for Vietnamese businesses.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The ribbon-cutting ceremony at the trade fair in Moscow (Photo: VNA)
