Processing tra fish for export in Dong Thap (Photo: VNA)
Hanoi (VNA) ꦚ– An online forum promoting trade inagro-fisheries between Vietnam and Russia will be held on November 23.
Co-organised by the Vietnamese Ministry of Agriculture and RuralDevelopment, the Russian Ministry of Agriculture, the Russian Embassy inVietnam and the Vietnamese Embassy in Russia, the event aims to connect the twocountries’ firms together, towards achieving the goal of lifting two-way tradeto 10 billion USD. Vietnam is now Russia’s top trade partner in Southeast Asia.Two-way trade between the two countries hit nearly 4.5 billion USD annually in the 2018-2020 period, 900 million USD of which was from farm produce. Since 2018, bilateral trade in farm produce has grown stronglyto around or above 900 million USD each year. In the first ten months of this year,Vietnam’s export of agro-forestry-fisheries to Russia reached around 469million USD, up 32.6 percent annually, mostly coffee, cashew nuts, fruits, tea,wood, rice while importing aquatic products, wheat, fertiliser, wood, recentlymeat and dairy products. The two countries’ businesses are advised to make better use of benefits offered by the Vietnam –Eurasian Economic Union Free Trade Agreement, under which a number of farmproduce enjoy low tariff amounting to zero percent. The event is expected to provide a platform to introduce Russia’sfood safety and hygiene regulations as well as requirements for Vietnam’sfisheries processing facilities for export to Russia. Trade organisations and associations will also share experiencein agro-fisheries trade and suggest measures to boost bilateral trade./.
Vietnamese Deputy Prime Minister Le Van Thanh and his Russian counterpart Dmitry Chernyshenko co-chaired the annual 23rd meeting of the Vietnam – Russia Inter-Governmental Committee on Economic, Trade and Scientific-Technological Cooperation via videoconference on October 29.
Deputy Minister of Industry and Trade Dang Hoang An and his Russian counterpart Alexey Gruzdev had an online working session on November 3, during which the Russian side mentioned issues related to promoting the implementation of a protocol on cooperation in the automobile industry between the two countries.
A memorandum of understanding has been signed to establish a Russia-Vietnam biomedical science and technology research centre, a project that covers joint cooperation in proton radiation therapy in cancer treatment.
Representatives from Russian and Vietnamese businesses operating in the field of pharmacy and health care exchanged experience and sought technological cooperation opportunities in the fight against COVID-19 at a round-table in Moscow on November 11.
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The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
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.
Processing tra fish for export in Dong Thap (Photo: VNA) 
