Russian company hopes for cooperation with Vietnam in earth observation satellites
Yuri Stoyanov, Chairman of the Board of Directors of Russia’s Stilsoft Group, has suggested Vietnamese businesses cooperate with his firm in the field of earth observation satellites.
Moscow (VNA) - YuriStoyanov, Chairman of the Board of Directors of Russia’s Stilsoft Group, hassuggested Vietnamese businesses cooperate with his firm in the field of earth observationsatellites.
Stilsoft, a company based in Stavropolcapital of Stavropol Krai, southern Russia, is specialised in developingsolutions, manufacturing and installing security systems for structure and borderprotection, and producing and launching earth observation satellites.
In terms of the numbers of orders andpartners, it is a leading business not only in Russia but alsothe world, Stoyanov told the Vietnam News Agency.
He said that he has seen great demandfor his company’s products in Vietnam as well as in Southeast Asia to help withsafeguarding national borders and maritime territories, fighting cross-bordersmuggling and illegal fishing, controlling environmental pollution, preventingfires, and monitoring floods and landslides.
The entrepreneurs suggested cooperationbetween Vietnamese businesses and his firm in the field of earth observationsatellites, noting that Stilsoft can transfer satellites and satellite control technologiesand provide training for Vietnamese specialists so that they can managesatellites by themselves, or Vietnam can use satellite image services of his company.
Mentioning a plan to produce componentsof some of Stilsoft devices in Vietnam, Stoyanov said the company has conductedsome negotiations with the Vietnamese side, and that this may help improveVietnam’s technological capacity./.
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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.
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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.
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During the visit, office representatives held a working session with the Tipaza Chamber of Commerce and Industry and met with several prominent local businesses operating in key sectors including industry, agriculture, fisheries, food processing, chemicals, pharmaceuticals and plastics.
Illustrative image (Photo: VNA) 
