Russia’s doors open for Vietnamese products: Official
The Russian market has opened its doors for Vietnamese goods, Robert Kurilo, chief representative of the Russian Export Centre (REC) in Vietnam, has said.
Coffee is often purchased by Russian tourists as souvenirs (Photo: congthuong.vn)
Hanoi (VNA) - 🎃The Russian market hasopened its doors for Vietnamese goods, Robert Kurilo, chief representative ofthe Russian Export Centre (REC) in Vietnam, has said.
In an interview with the Cong Thuong (Industry andTrade) newspaper, he said that numerous Vietnamese products have the chance andthe potential to enter Russia, including black garlic, coffee, and green tea,which are often purchased by Russian tourists as souvenirs. Other goods of potential are paper straws, organicproducts, and those based on sustainable consumption, he noted. With better quality, varieties, and packaging,Vietnamese products have significantly improved and now attract more customers. Products are currently being promoted in Russia viavarious channels, such as trade promotions arranged by the Ministry of Industryand Trade, relevant agencies and businesses, along with tourism activities. Russian tourist arrivals to Vietnam are on the riseannually, so the country should capitalise on this to introduce different goods. A host of Vietnamese products are popular among Russianconsumers, such as shrimp, coffee, and dried fruit. There are, however, noofficial outlets for such goods in Russia, he emphasised, and showrooms shouldbe established. A showroom was set up by the REC in Ho Chi Minh Citythree years ago to exhibit food and beverages from Russia and link withVietnamese consumers, which posted good results, Kurilo said. Given that 90 percent of tariffs will be cut over thenext decade under the Vietnam-Eurasian Economic Union Free Trade Agreement,trade between Vietnam and Europe and Russia in particular is expected to expandat a steady pace. He warned, however, that Vietnamese products will nonethelessface numerous challenges in competing with those from elsewhere. Vietnam needs to pay attention to, invest in, andbuild more major brands to gain a foothold in international markets. The REC is forging partnerships with business councilsto help Vietnamese businesses seek partners and bolster exports to the Russianmarket, Kurilo said./.
An online workshop to promote trade cooperation between Vietnam and the Udmurtia Republic, a federal subject of Russia, took place on November 27, bringing together representatives from enterprises of both sides.
The Vietnam Union of Friendship Organisations (VUFO) has presented a “For peace and friendship among nations” insignia to outgoing Russian Ambassador to Vietnam Konstantin Vnukov.
A forum to promote trade links between Vietnamese enterprises and partners in Eurasian markets was held in Hanoi on December 10 by the Ministry of Industry and Trade (MoIT)’s European-American Market Department.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
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.