Southern city strengthens trade ties with Russia

The Mekong Delta city of Can Tho is carrying out a trade cooperation programme with Russia to earn US$100 million in export turnover in two years (2009 and 2010).

This is part of Vietnam and Russia’s medium-term plan to join efforts in trade and investment until 2012.

The municipal People’s Committee has instructed relevant departments and agencies to promote trade activity and advertisement, including exhibitions on the city’s specialties, especially seafood products.

The city will assist businesses to modernize technologies and equipment with the aim of improving competitiveness in international markets.

Based on this, Vietnamese authorities have requested Russia to lift the prohibition of Vietnam’s exported seafood.

Can Tho’s export turnover to Russia hit US$20 million in 2008, up by 69.4 percent year on year.

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