Russia- a potential market for Ho Chi Minh City

Russia- a potential market for Ho Chi Minh City  - ảnh 1
Maxim Golikov, Russia's Trade Representative in Vietnam (Photo: Bizlive)
(VOVworld)- The Vietnam Chamber of Commerce and Industry organized a Vietnam – Russia Business Forum in Ho Chi Minh City on Wednesday. Addressing the event, local authorities expressed their hope for increasing trade promotion in the Russian market. Russian businesses said they wanted to invest in electronics, oil and gas, machine engineering, mining, pharmaceuticals and medical equipment in Vietnam. Nguyen Thi Hong is Vice President of Ho Chi Minh City’s People’s Committee: “Ho Chi Minh City always considers Russia a key potential market. In the near future, we plan to increase trade promotion activities in the Russian market. I hope that at this forum, we will receive more information and increase links to the Russian market. I believe Vietnamese goods will satisfy Russian customers”.

Two-way trade between Vietnam and Russia totalled nearly 2.8 billion USD last year. Over the past 9 months, the two countries recorded a trade value of 1.8 billion USD. In Ho Chi Minh City alone, there are 20 Russian projects worth more than 44 million USD. Russia is one of the 10 countries and territories that have the largest number of visitors to Ho Chi Minh City.

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