General Secretary of the Communist Part of Vietnam Central Committee Nguyen Phu Trong will pay an official visit to Russia from September 5-8.
The Department of Trade Defence under the Ministry of Industry and Trade will begin releasing Vietnam’s export data to the Eurasian Economic Union (EAEU) on a monthly basis to help local businesses avoid Most Favoured Nation (MFN) tariffs.
The textiles and garment industry gained the second-largest export value in the first four months of this year, after the export value of phones and their components, according to the Ministry of Industry and Trade.
VOV.VN -President Tran Dai Quang suggested the two nations should augment cooperation in defense and security and anti-crime efforts at a March 28 reception in Hanoi for Belarusian Deputy Prime Minister Vladimir Semashko.
The Expo-Russia Vietnam 2017, the second of its kind, kicked off in Hanoi on December 13.
Russia’s Ambassador to Vietnam Konstantin Vnukov has highlighted Russia’s October Revolution as the most important event in the 20th century, strongly impacting the world.
Vietnam and Russia are determined to raise their two-way trade to US$10 billion by 2020 to create a turning point in bilateral trade relations.
The Vietnam-Eurasian Economic Union Free Trade Agreement (VN-EAEU FTA) is of great importance to Russia since it is a leading economy in the EAEU, said a Russian expert.
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 Eurasian Economic Union (EAEU) in a recent interview granted to Vietnam News Agency in Moscow.
A delegation of the Vietnam National Textile and Garment Group made a fact-finding trip to Armenia in late August to seek partners to develop production projects as Vietnam is the first country to sign a free trade agreement with the Eurasian Economic Union that includes Armenia.
Trade between Vietnam and the Eurasian Economic Union (EAEU) hit US$1.7 billion in the first 6 months of 2017, up 21% year-on-year, according to statistics of the General Department of Vietnam Customs.
Domestic garment and textile firms have, for the most part, missed out on the much-touted benefits of free trade agreements (FTAs) that Vietnam has signed, experts said at seminar on August 2.
Vietnamese businesses should be aware of the potentially huge pitfalls of trading with the Eurasian Economic Union (EAEU), and the importance of tackling these together, experts said at a recent conference.
A joint committee on the Vietnam – Eurasian Economic Union (EAEU) Free Trade Agreement convened its first meeting at the Moscow headquarters of the Eurasian Economic Commission (EEC) on June 29.
A roundtable discussion on “The Free Trade Area between the Eurasian Economic Union (EAEU) and Vietnam: New Opportunities for Business” took place in Moscow on June 27, inspired by the upcoming visit of President Tran Dai Quang to Russia.
President Tran Dai Quang has granted an interview to press agencies of Russia and Belarus on the occasion of his upcoming official tour to the two countries, during which he stressed that potential to develop cooperation between Vietnam and the two countries has yet to be tapped fully.
With demand to import more than US$10 billion worth of apparel products each year, Russia is a market with potential for Vietnamese garment-textile businesses.
The textile and garment sector enters the second quarter (Q2) of this year with promising signs from new import markets, said General Director of the Vietnam Textile and Garment Group (Vinatex) Le Tien Truong.
Vice Chairman of the Vietnam National Assembly’s External Relations Committee Nguyen Manh Tien led a delegation to visit Russia from March 18-22 to push the two countries’ cooperation forward.
Businesses have complained that they have to deal with a host of barriers and risks in agricultural projects though they are encouraged to invest in the sector.
