Vietnamese Ambassador Bui Dinh Dinh said although Vietnam and Russia have set up a strategic partnership, bilateral trade and investment remained modest.

“The two economies have the potential for mutual assistance instead of competition that would bring in huge interest for both sides in several sectors, including industry, tourism, technology and human resources, especially at the local level”, said the Vietnamese diplomat.

Deputy Governor of Riazan Alexander Reviakin expressed his hope that the presentation day would enable Vietnamese partners to better understand of advantages offered by the central Russian province.

Executives from industry, tourism and trade sectors, with supporting documentaries, leaflets and posters, took turns to brief Vietnamese investors on their sectors’ strengths and stimuli offered in taxes and land leases, especially for those investors interested in special economic zones based in Rizan province.

The presentation day in Riazan took place after a Vietnamese diplomatic and business mission conducted a market survey in the central Russian province in June.