Tuesday, April 29, 2025 9:29:24 PM - Markets open
VN-INDEX 1,226.30 -0.50/-0.04%
HNX-INDEX 211.94 +0.49/+0.23%
UPCOM-INDEX 92.42 +0.17/+0.18%
Vietnam, Russia’s Primorye region step up economic cooperation
vietnamplus.vn - 7/29/2019 1:04:31 PM
 (0 ratings. You must sign in to rate.)
Vietnamese Ambassador to Russia Ngo Duc Manh on July 26 had a working session with First Governor of Russia’s Far Eastern region of Primorye Vera Shcherbina, discussing measures to promote collaboration in economy-trade between the Russian locality and Vietnamese businesses.
 
At the event, both sides agreed the Vietnam-Russia strategic partnership has seen strong growth in all sectors.
 
Ambassador Manh affirmed Russia is a special trustworthy partner of the country, and thanked people in Primorye region and Russian people as a whole for supporting Vietnam during its national liberation and construction.
 
Vietnam and Russia have witnessed a robust expansion in their two-way trade, especially after the Vietnam-Eurasian Economic Union Free Trade Agreement takes effect in October 2016. However, leaders of both sides said there is huge room for them to enhance economic-trade cooperation.
 
The Vietnamese diplomat pointed out trade value with Primorye region is still modest, and many firms from Vietnam have expressed their interest in investing in shipbuilding industry, mining, wood exploitation, milk processing, agriculture, processing industry, and telecommunications, among others, in the Primorye region.
 
Currently, dairy producer TH Group already registered 270 million USD in a high-tech dairy farm and milk processing complex, which has a designed capacity of 300 tonnes of milk per day, in Primorye region.
 
To that end, Ambassador Manh hoped Primorye authority would continue support for TH Group and other Vietnamese companies who want to land investments in the locality. 
 
He suggested Primorye region provide information on local potential and preferential policies for Vietnamese investors, as well as create conditions for Vietnamese labourers to work in the locality. 
 
Shcherbina, for her part, laid stress on the fruitful cooperative relations with Vietnam in education, tourism and culture in the past time. Both sides are exploring the possibility to open a direct air route between Vietnam and Primorye region.
 
She recommended both sides discuss the implementation of projects in energy, infrastructure development, industry-agriculture, manufacturing-technology complex, and forestry, information-telecommunications complex at the Eastern Economic Forum scheduled in Vladivostok in September.
 
On the occasion, Ambassador Manh visited and had a working session with the Far East Federal University in Vladivostok and attended a banquet on Vietnam’s frigate 016-Quang Trung which anchored at Vladivostok port on July 25, beginning a courtesy visit to Russia.-VNA
 
 
Read original article here
 
Newer News
28/04 Logistics transforms into high-tech service industry
21/04 US tariffs prompt Việt Nam’s supply chain shift
21/04 Việt Nam stays on course for 8 per cent growth despite tariff risks
14/04 EU applies provisional anti-dumping measures on hot-rolled steel imports from Việt Nam
09/04 FTA Index is key driver to implement free trade agreements
09/04 CPI rises 3.22%, inflation remains under control in Q1
09/04 Deputy PM urges diplomatic measures conducive to US trade policy adjustments
09/04 AmCham Việt Nam speaks out on new US reciprocal tariffs
05/04 Vietnamese Party chief holds phone talks with US President
04/04 Hà Nội keeps CPI well under control
Older News
28/07 Exporting firms should focus on intellectual property
25/07 Vietnam up three spots in global innovation index
24/07 Vietnam exports 2.24 billion USD worth of steel and iron in H1
23/07 Foreign investors can take advantage of Việt Nam's trade deals
21/07 VN has trade surplus of about $1.6 billion in H1
20/07 Cashew export volume up more than 21 per cent in June
18/07 Trade pacts bring opportunities for seafood industry's sustainable growth
17/07 VN, South Korea trade, investment ties on strong footing: seminar
13/07 Japanese multi-sector group to expand operation in Vietnam
12/07 CPTPP boosts export opportunities in Japan
 
Newsletter Signup
Top Stories
Việt Nam to launch KRX trading system on May 5
Profits, dividends, capital increases and bad debts on agendas of 2025 banking AGMs
Stock market showed weakest Q1 in 3 years
VND: VNDirect to divest from Goldsun Food
Market cautious as liquidity drops significantly
Market Update
Last updated at 3:10:00 PM
VN-INDEX 1,226.30 -0.50/-0.04%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Portfolio
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.