The upcoming state visit to Vietnam by Russian President Vladimir Vladimirovich Putin is expected to open up new opportunities in bilateral relations, aiming towards the prosperous development for both sides.

With its high food sales and position as a major transshipment hub that supplies goods to ASEAN countries and China, Vietnam offers attractive prospects for Russian exporters, said Vice Chairwoman of the Russia - Vietnam Friendship Association (RVFA) Regina Budarina at a workshop held in Moscow on April 23.

Ambassador of Vietnam to Russia Ngo Duc Manh has said Vietnam and Russia have vast potential for their trade to grow robustly.

Officials of Vietnam and the Eurasian Economic Union (EAEU) lauded the upbeat outcomes brought about by the EAEU – Vietnam free trade agreement (EAEU – Vietnam FTA) in more than one year and a half since it took effect.