Ho Chi Minh city enterprises to research Russian market

To plan for the visit, a conference was held on Tuesday in HCMC, attracting hundreds of enterprises. Enterprises at the conference expressed their excitement about the visit to Russia. They said that Russia has been a tough market to penetrate, so this is a good chance for Vietnamese enterprises to gain access to the market.

Director Le Thi Ha Chi, Novelty Fashion Centre, said: "We've been preparing a lot for the visit and for the fair. Although the fair is months away, we've been preparing a large amount of goods since the beginning of this month".

However, many enterprises have expressed concerns over high travel fees and tariff barriers. Addressing this issue, representatives of the fair's organizers said that they will provide enterprises with favourable conditions.

Nguyen Thanh Son, Vietnamese Ambassador to Russia, said: "We'll work with Russian authorities to cut import tariffs on Vietnamese goods at the fair. Enterprises should not be worried about this".

Kapustkin Nikolaya, Deputy Chief Representative of Russian Trade Office in Vietnam, said: "We have great confidence and trust in Vietnamese goods. We have high demand for imported fruit, textiles and wooden products. Many of these products from Vietnam are gaining increasing interest from Russian customers".

Among the hundreds of Vietnamese enterprises that will attend the conference, only a few already export their products to Russia. The high quality Vietnamese goods fair in Moscow is expected to bring more opportunities for Vietnamese enterprises to extend their market in Russia.