Russian firms explore Vietnamese market

Tuesday, 2014-10-21 11:52:33
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NDO/VNA – A delegation of Russian businesses is on a working visit to Vietnam from October 20-25 as part of the Russia-Vietnam: new economy project.

The delegation includes representatives from Russia’s high-tech companies in a number of fields, including manufacturing and production, electrical equipment, water supply, marine ships, and energy-saving technology.

Russian firms are eyeing up the Vietnamese market and are keen to transfer advanced technologies to Vietnam, said Strozhaeva Lubov Viktorovna, head of the project, told reporters at the October 20 press conference in Hanoi.

While in Vietnam, the delegation is scheduled to have meetings with officials from the National Assembly’s Committee for Science, Technology and Environment and the Vietnamese Academy of Science and Technology (VAST), relevant ministries and the business circle.

As part of the two countries’ technological co-operation, bilateral dialogues have progressed substantially in recent years, Viktorovna said.

The two sides have signed a number of significant agreements on trade co-operation and technology transfer, established numerous manufacturing units, and built business networks in Vietnam, she added.