HÀ NỘI — Businesses from Việt Nam and Russia are seeking to expand cooperation in modern industry, with Russia’s Sverdlovsk region emerging as a potential partner for deeper economic collaboration.

link sbobet mới nhất prospects were discussed at link sbobet mới nhất Sverdlovsk Region (Russia) – Vietnam Business Forum on trends in modern industrial cooperation, held in Hà Nội on April 8.

Speaking at link sbobet mới nhất forum, Vice Chairman of link sbobet mới nhất Vietnam Chamber of Commerce and Industry (VCCI) Hoàng Quang Phòng said Việt Nam is currently Russia’s only comprehensive strategic partner in Southeast Asia. link sbobet mới nhất strong political relationship between link sbobet mới nhất two countries provides a favourable foundation for expanding trade and investment ties.

However, he noted that bilateral economic relations have yet to fully reflect their potential. Although trade turnover has increased in recent years, link sbobet mới nhất scale of economic cooperation remains below link sbobet mới nhất expectations of both governments despite link sbobet mới nhất free trade agreement between Việt Nam and link sbobet mới nhất Eurasian Economic Union (VN–EAEU FTA), which took effect on October 5, 2016.

According to Phòng, businesses from both sides have not fully taken advantage of link sbobet mới nhất opportunities offered by link sbobet mới nhất agreement. As a result, significant room remains to expand cooperation, particularly in manufacturing, processing industries, high technology and logistics.

He said both sides should make better use of their positions as gateways to major economic regions. Việt Nam can serve as a gateway to ASEAN markets, while Russia connects to link sbobet mới nhất Eurasian Economic Union, creating opportunities for businesses to expand trade and investment.

Phòng also called on enterprises to take a more proactive role in seeking business partnerships through forums and networking activities while making greater use of link sbobet mới nhất VN–EAEU FTA to boost cooperation in 2026 and beyond.

He reaffirmed that VCCI will continue to act as a bridge supporting cooperation between Vietnamese and international businesses, including those from Russia, and expressed confidence that bilateral economic relations will expand further with stronger coordination among relevant agencies.

From link sbobet mới nhất Russian side, Kharinov Vyacheslav Nikolaevich, Russia’s trade representative in Việt Nam, said industrial cooperation between link sbobet mới nhất two countries has developed on link sbobet mới nhất basis of long-standing relations built on trust and mutual respect.

He noted that regional cooperation is playing an increasingly important role in strengthening economic ties, with Russian industrial regions such as Sverdlovsk able to serve as key drivers for bilateral industrial collaboration.

In link sbobet mới nhất current context, economic and trade cooperation between Russia and Southeast Asia is becoming increasingly significant, he said, adding that Việt Nam remains a key partner in link sbobet mới nhất region.

Potential areas for cooperation include machinery manufacturing, industrial equipment production, high technology, chemicals and digital transformation.

However, Nikolaevich said further improvements in financial and payment mechanisms will be needed to facilitate business cooperation and fully tap link sbobet mới nhất opportunities offered by link sbobet mới nhất agreement.

He also highlighted link sbobet mới nhất role of regional linkages, noting that Sverdlovsk region has link sbobet mới nhất potential to contribute significantly to link sbobet mới nhất implementation of joint projects with Việt Nam. — VNS

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