Addressing the Vietnam – Russia Business Forum that drew 80 firms from both sides in Moscow on December 1, Phuc said Vietnam is one of the 20 most successful countries globally in terms of foreign direct investment attraction.

President wishes to lift trade with Russia by 15 times.

He suggested Russian firms study more about Vietnamese market and vice versa to achieve better results.

As room for bilateral economic cooperation remains huge, trust in political, diplomatic and economic ties will open up new chapters in the near future, he said, adding that the two countries’ authorities need to work closely together to deal with existing obstacles.

The success of Russian investors is the expectation and pride of Vietnam, he stated.

President of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin, for his part, said Russian and Vietnamese firms need to capitalise on advantages from the Free Trade Agreement between Vietnam and the Eurasian Economic Union, adding Russian companies are interested in investing in Vietnam.

Entrepreneurs at the event expressed their willingness to invest in each other on the back of the two nations' long-standing ties as well as opportunities and incentives offered by each country.

Vietnamese firms seek to promote farm produce export to Russia, EAEU

A workshop discussing opportunities for Vietnamese businesses to increase export of agricultural and aquatic products to Russia and the Eurasian Economic Union (EAEU) was held by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnam Trade Office in Russia and the Russian trade representative office in Vietnam, on November 2 in Hanoi.

Iconic Vietnamese play ‘Chen thuoc doc’ translated into Russian

‘Chen thuoc doc’ (A Cup of Poison), a famous Vietnamese play composed by author Vu Dinh Long (1896-1960), has been translated into Russian by translator Igor Britov under a project hosted by the Institute of Oriental Studies and Ancient Civilisations under the Higher School of Economics – Russian National Research University.

Vietnam is Russia’s sixth largest supplier of processed fruits, vegetables

Vietnam is the sixth largest provider of processed fruits and vegetables for Russia, according to the Federal Customs Service of Russia.

FIFA Futsal World Cup 2021: Vietnam crash out after close defeat to Russia

Vietnam have been knocked out of the FIFA Futsal World Cup 2021 after losing 2-3 against Russia in the round of 16 on Wednesday night (September 22).

Vietnam to play Russia in Round of 16 at Futsal World Cup

Vietnam will take on Group B winners Russia in the knockout stage of the FIFA Futsal World Cup Lithuania 2021 on September 22 as Pham Minh Giang’s troops look to make the quarterfinals for the first time ever.

Source: NDO/VNA