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Conference boosts trade between central region and Russia

by VTV405 March 2016 Last updated at 08:00 AM

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Conference boosts trade between central region and Russia
VTV.vn - How to promote bilateral trade between the central region of Vietnam and Russia was the focus of a conference held in Danang central city on Friday.

The conference was jointly held by Central region’s Chamber of Commerce and Industry and the Consulate General of Russian Federation.

At the conference, it was reported in the conference that Vietnam ranked first in the South East Asia region in terms of investing in Russia. Although bilateral trade values between the two countries has increased by about 20% a year, the number of Vietnamese firms investing in Russia and the commercial value of the trade remains still modest, especially involving firms from the central region. Therefore, it is necessary to boost access to the Russian market in addition to removing technical and tariff barriers.