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Vietnamese businesses step up investment in Russian agriculture market

by VTV427 December 2015 Last updated at 14:57 PM

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Vietnamese businesses step up investment in Russian agriculture market
VTV.vn - Trade between Russia and some western countries has been on a decline since an economic sanction took effect one year ago.

Trade in the agricultural sector witnessed a 25% decrease. However, this has opened up more chances for Vietnamese enterprises to penetrate this market of 150 million people.

70% of Russian produce is imported. The punishment has resulted in a shortage of some produce, particularly carrot and onion. Because of this, opportunities have arisen in this market, and Vietnamese businesses now face a field of advantages.