Economy
Transition to sustainability an urgent task: policymakers
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| Việtnam-EAEU FTA is expected to create opportunities for Vietnamese enterprises in Russia. — Photo baotintuc.vn |
Viet Nam News
MOSCOW — The Vietnamese Businesses’ Association (VBA) in Russia hosted a seminar in Moscow to discuss ways to promote Việt Nam’s economic and trade ties with Russia and the Eurasian Economic Union (EAEU).
During the event on Sunday, participants reviewed the association’s activities in 2016 and proposed future plans.
Vietnamese enterprises were urged to maintain their operations in Russia, with the latter’s economy showing signs of recovery.
The free trade agreement signed between Việt Nam and the EAEU creates opportunities for Vietnamese enterprises in Russia, they said.
According to Dương Hoàng Minh, commercial counsellor of the Vietnamese Embassy in Russia, the EAEU-Vietnam Free Trade Agreement has boosted economic links between Việt Nam and Russia.
Việt Nam’s export turnover to Russia increased by 20 per cent in 2016, Minh said.
Meanwhile, Lê Trường Sơn, chairman of the VBA in Russia, stressed Vietnamese firms in Russia have made efforts to reinforce their position and market share.
The association has served as a bridge to strengthen links between Việt Nam and Russia, he said, adding that the association is operating large-scale programmes to enhance economic and trade ties between Việt Nam and the EAEU. — VNS
