Veteran Vietnamese firms in the Russian market are attending the 29th International Exhibition For Food, Beverages and Food Raw Materials (PRODEXPO 2022), which runs in Moscow from February 7 to 11.
Moscow (VNA) – Veteran Vietnamese firms in theRussian market are attending the 29th International Exhibition For Food,Beverages and Food Raw Materials (PRODEXPO 2022), which runs in Moscow fromFebruary 7 to 11.
Among them is the Nafoods group, which sells dried tropical fruit,particularly mango. The company’s current sales are estimated at 200 – 250 tonnesof the products per month.
Talking to the Vietnam News Agency’s correspondent at the Nafoodsstall, Trade Counsellor of Vietnam in Russia Duong Hoang Minh said the export value of dried mango products from Vietnam to Russia hit 9.1 million USD betweenJanuary and November last year, up 10 percent on-year and accounting for morethan 92 percent of Russia’s total import value of such products.
He noted that only 202,000 USD worth of dried mango was exported to Russia in 2017, adding that dried fruit is a good option when Vietnamese fresh fruitis yet to access the Russian market.
Another Vietnamese enterprise participating in theexhibition is the Sostra group, which has operated for 20 years in themarket with hundreds of food brands, notably regarding chili sauce, soy sauceand instant noodles.
The event, featuring stalls from nearly 2,700 firms across73 countries, has attracted tens of thousands of visitors./.
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Vietnamese Trade Counsellor in Russia Duong Hoang Minh highlighted positive outcomes in the one-year implementation of the free trade agreement between Vietnam and the EAEU.
More Vietnamese businesses may soon be allowed to export aquatic products to Russia this year after a Russian working group made a fact-finding tour of some Vietnamese exporters, said Trade Counsellor of Vietnam in Russia Duong Hoang Minh.
Eight Vietnamese garment and textile firms are joining more than 2,00 foreign peers at the 53rd Federal Wholesale Fair of Goods and Equipment for Textile and Consumer Goods Industries (Textillegprom 2019) which is taking place at the All-Russian Exhibition Centre on September 17-20.
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.
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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.
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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.
A screenshot of the site of PRODEXPO 2022 
