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Vietnam-Russia Bilateral Ties Deepen, Boost Investment

Russia was one of the first countries to establish diplomatic relations with Vietnam, laying the groundwork for a strong bilateral and economic relationship between the countries. Vietnam and Russia set up a strategic partnership back in 2001 and elevated this relationship to a comprehensive strategic partnership in 2012 paving ...

Modified: 26.09.2019
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Vietnamese firms plan penetration into potential Russian market

With the population of 143 million people, GDP per capita approximating US$17,000 a year and the increasingly developing middle class which accounts for 10-25 percent, lots of Vietnamese firms estimated that Russia is a highly potential market for Vietnamese agricultural, forestry and fishery products so they have been planning penetration into this market. Among them, director of Minh Phat Food Company said that it has ...

Modified: 13.06.2019
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Trade turnover between Russia and Vietnam can reach $10 bln by 2020

Building up mutual investments will help solve the problem of increasing trade turnover between Russia and Vietnam to $10 bln by 2020, Russias Minister of Industry and Trade Denis Manturov said at a meeting with Minister of Industry and Trade of Vietnam Tran Tuan Anh. The volume of Russian exports to Vietnam in 2018 amounted to $2.5 bln, imports from Vietnam ...

Modified: 01.04.2019
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Trade between Vietnam and Russia reached a record US$5.2 billion in 2017 and is expected to reach $10 billion in 2020. Two-way trade in the first 10 months of 2018 increased 23% to $4.8 billion.

Modified: 28.01.2019
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Association of Small and Medium-Sized Exporters organized the business mission of Altai Territorys entrepreneurs to Vietnam. From 18 to 21 September the delegation of Siberian businessmen visited countrys capital city Hanoi. Five manufacturing companies from Altai Territory, the representative of Altai Small and Medium-Sized Business Development Fund and RASMEX ...

Modified: 09.10.2018
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The Vietnamese TH Milk began construction of a dairy plant in Russia

The Vietnamese TH Milk began construction of a dairy plant in Special economic zone Kaluga (Russia). Investments in the enterprise will amount to 6.7 billion rubles. «The project, which the Vietnamese TH Milk is implementing in Kaluga region, is ...

Modified: 19.09.2018
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Vietnam and Russia Boost Bilateral Trade

According to the Vietnam Customs, for the first seven months of 2018 Russia-Vietnam trade turnover has amounted to $2.67 bn, it is a 34.2% increase compared to the same period of the previous year. Vietnam’s export to Russia has increased by 21% and reached $1....

Modified: 13.09.2018
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Trade between Russia and Vietnam has risen by 32%

In the first four months of 2018, the export-import turnover between the two countries reached $1.43 billion (31.83% over the same period of 2017), in which Vietnams exports to and imports from Russia stood around $756 million (up 23.54%), and $681 million (up 42.5%) respectively. Vietnam mainly exports to Russia phones, garments, agro-aquatic products, and seafood while importing petroleum, steel, fertiliser,...

Modified: 04.09.2018
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Russia may export Project 22800 corvettes to Vietnam, India, China

Russia may supply Project 22800 corvettes codenamed Karakurt, armed with the Kaliber missiles, to Vietnam, China, India and other countries of the Asia-Pacific Region, Deputy Prime Minister Yuri Borisov said. "These ships are very successful: they have a big tonnage, good armament, and Kaliber is the most important thing. The corvette has an ...

Modified: 30.07.2018
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Russia-Vietnam Trade Turnover Increased by 15%

In the first quarter of 2018 Russia-Vietnam trade turnover has increased by 15% compared to the same period of the last year and stood at $1.14 bn. Russia’s import from Vietnam is 2.5 times as much as its export to Vietnam. In the first quarter of 2018 Russias export to Vietnam ...

Modified: 09.07.2018
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Rosneft starts drilling production well in Vietnam

Rosneft Vietnam B.V. (a subsidiary of Russian state oil company Rosneft) has started drilling a production well at the Lan Do field in the offshore zone of Vietnam, the oil company said in a statement. "Target depth of the well is about 1,200 m along ...

Modified: 16.05.2018
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Vietnamese Businessmen Will Attend SPIEF And EEF

Russia expects a representative Vietnamese Business delegation at the Saint Petersburg International Economic Forum and the Eastern Economic Forum, the Minister of Foreign Affairs of the Russian Federation Sergey Lavrov reported following the talks with the Vietnamese Minister of Foreign ...

Modified: 28.03.2018
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... Agriculture Minister Alexander Tkachev at the close of the 43rd International Food and Beverage Exhibition, FoodEx Japan 2018, at Makuhari Messe earlier this month. The biggest importers of Russian food in Asia are China, Indonesia, South Korea, India, Vietnam and Japan. Russia’s key exports to those countries are fish, grain, vegetable oils and fats, including soybean, sunflower-seed and rape oil, soybeans, chocolates and confectionery, meat and poultry. Russian wines are gaining popularity in ...

Modified: 27.03.2018
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