A conference on trade and tourism promotion of Ho Chi Minh City was organised in Moscow, Russia on September 15 by the Ho Chi Minh City People’s Committee and the Vietnamese Embassy in Russia.
Russian and HCM City companies sign cooperation deals (Photo: VNA)
A conference on trade and tourism promotion of Ho Chi Minh City was organised in Moscow, Russia on September 15 by the Ho Chi Minh City People’s Committee and the Vietnamese Embassy in Russia.
Speaking at the conference, Vice Chairman of the Ho Chi Minh City People’s Committee Nguyen Thi Hong and Ambassador to Russia Nguyen Thanh Son affirmed that Vietnam and its southern hub treasure Russia as a friend and a reliable comprehensive strategic partner and are dedicated to bolstering bilateral cooperation towards the development and prosperity of the two countries and their peoples.
Vietnam’s signing of a free trade agreement with the Eurasian Economic Union last May has paved the way for the country to increase trade with Russia, Son said, adding that the two nations should stand together and support each other in economics, trade and tourism, especially as Russia has penalties imposed on it by the European Union.
The event provided a platform for more than 200 businesses from Ho Chi Minh City operating in Russia and local enterprises, most of which are from the Russian Far East territory, to exchange practices and seek business opportunities. Dozens of deals were inked at the conference.
Some 27 enterprises from Ho Chi Minh City also introduced over 300 types of products in an exhibition on the sidelines of the conference.-VNA
Vietnamese Ambassador to Russia Nguyen Thanh Son hosted a reception on July 28 for Governor of the Moscow region Andrey Vorobyev to discuss bilateral cooperation prospects between Vietnam and Moscow.
Ho Chi Minh City’s authorities have decided to intensify trade promotion activities in Russia in the time ahead to tap into the potential Eurasian market and optimize signed FTA.
Five SMEs from Russia visited HCM City on September 8 to promote cooperation in innovative technologies, oil and gas, research and development and medicine, besides telecommunications and education.
Fourteen Vietnamese enterprises are showcasing the best of their agricultural products at the international food exhibition WorldFood Moscow, which kicked off in the Russian capital city on Sept. 14.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
The price of E5 RON92 petrol is now capped at 20,631 VND (0.79 USD) per litre, up 1,169 VND from the previous adjustment, while RON95-III costs no more than 21,244 VND per litre, up 1,277 VND.
Russian and HCM City companies sign cooperation deals (Photo: VNA)
