VGP – Viet Nam-Russia Business Forum has opened a new chapter in Viet Nam-Russia cooperation, especially in trade, investment, tourism and services, said PM Nguyen Xuan Phuc while attending the opening ceremony of the Viet Nam-Russia Business Forum on May 22 in Moscow, Russia. 

PM Nguyen Xuan Phuc attends Viet Nam-Russia Business Forum,
Moscow, Russia, May 22, 2019 - Photo: VGP/Quang Hieu
 

Participants in the event included Vietnamese Deputy PM Trinh Dinh Dung, Russian Deputy PM Maxim Akimov, leaders of the two nations’ ministries, agencies and businesses. 

Speaking at the event, PM Phuc highlighted the achievements in the two-way trade value over the recent years. 

Russia poured US$1 billion in 123 projects in Viet Nam while Vietnamese investment in Russia exceeded US$3 billion. 

Phuc stressed the consistent guideline of Viet Nam is to boost trade and tourism investment between Viet Nam and Russia, particularly in such areas as e-Government, smart city, digital economy and areas of mutual advantages. 

The Government will create favorable conditions for investors to gain success, he affirmed.  

PM Nguyen Xuan Phuc attends Viet Nam-Russia Business Forum, Moscow, Russia, May 22, 2019 - Photo: VGP/Quang Hieu 

Viet Nam is a crucial trade partner of Russia in Southeast Asia, accounting for one thirds of Russia-ASEAN trade value, said Russian Deputy PM Maxim Akimov, adding that Viet Nam is the first nation in Southeast Asia and the world signing a Free Trade Agreement with the Eurasian Economic Union. 

Maxim Akimov referred to enhancing cooperation in high-tech, asserting that Russia is willing to help Viet Nam in training professionals in this field. 

The business community is the development force in the two nations’ relationship, he said, expressing his delight on the fruitful development in cooperation between the two sides.  

PM Nguyen Xuan Phuc (L) and Russian counterpart Dmitri Medvedev attends the opening ceremony of the Viet Nam Year in Russia and the Russia Year in Viet Nam, Moscow, Russia, May 22, 2019 - Photo: VGP/Quang Hieu 

*Within the framework of his official visit to Russia, PM Phuc and his Russian counterpart Dmitri Medvedev on May 22 attended the opening ceremony of the Viet Nam Year in Russia and the Russia Year in Viet Nam. 

PM Nguyen Xuan Phuc attends the launching ceremony of T&T Group Joint Stock Company in Moscow, Russia, May 22, 2019 - Photo: VGP/Quang Hieu 

*The same day, the PM attended the launching ceremony of T&T Group Joint Stock Company in Russia. Earlier, the group was granted with investment certificate in Russia with the total investment capital of US$25 million.