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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

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