Businesses from Vietnam and Russia exchanged information and introduced their products at a seminar held in the Russian oblast of Ivanovo on September 12-13.

Participants at the seminar

Vice Chairwoman of the Russia-Vietnam Friendship Association Regina Budarina hoped through the event, Russian and Vietnamese companies would sign contracts to help increase trade between the two countries to 10 billion USD in the near future.

She said the association wants to contribute to the development of bilateral economic and trade cooperation as well as connect Vietnamese firms with Russian partners.

As part of the trade promotion programme, Vietnamese businesses had an opportunity to visit production and processing facilities in Ivanovo and neighbouring areas to explore cooperation prospects.

Alexandra Zinovieva, director of the centre for supporting development and exports of businesses in Ivanovo, highlighted the sound traditional ties between Vietnam and Russia. 

She said that Russian businesses in general and particularly enterprises in Ivanovooblast want to cooperate with Vietnamese partners.