97 Vietnamese firms display their products in Russia

A total of 97 Vietnamese companies will take part in a trade fair for Vietnamese exports in Russia next week, the Embassy of Vietnam said.

The expo is being held at the Moscow Expo-centre from September 15-18 by the Ministries of Industry and Trade and of Agriculture and Rural Development and the Vietnamese Embassy, Ambassador Bui Dinh Dinh told a press conference in Moscow on September 7.

The expo is to increase economic and trade ties between Vietnam and Russia, spotlight Vietnam’s production capacity and export potential and promote the country’s business and investment climate plus tourism, he added.

Two-way trade reached more than US$1.64 billion in 2008 and over US$980 million the first seven months of this year, said Ambassador Dinh.

However, the results do not come up to the level of political links experienced between the two countries. As a result, both national leaders are keen to increase trade to US$3 billion a year.

The expo will include a forum on Vietnam’s trade and investment potential in agriculture, forestry and fisheries, added the diplomat.

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