Russia’s Irkutsk welcomes Vietnamese firms

Wednesday, 2018-04-18 11:34:02
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Vietnamese Ambassador to Russia Ngo Duc Manh (R) receives Governor of Russia’s Irkutsk province Sergey Levchenko
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NDO/VNA – The Governor of Russia’s Irkutsk province Sergey Levchenko suggested to the Vietnamese Ambassador to Russia Ngo Duc Manh that Vietnam and Russia should increase their level of business exchanges, heard a meeting in Moscow on April 17.

The governor said that difficulties in bilateral trade will be promptly addressed to promote Vietnamese products and attract Vietnamese investors to Irkutsk.

He informed the Ambassador that Irkutsk and Vietnam’s northern province of Quang Ninh are due to sign cooperation agreements in various fields.

The Governor expressed his hope for stronger cooperation between Irkutsk and Vietnam, and Quang Ninh province in particular, in the near future.

Noting with pleasure the increasing number of Vietnamese students in Irkutsk, Levchenko committed to creating the best possible conditions for the students in the time ahead.

For his part, Ambassador Manh applauded the efforts made by Irkutsk and Quang Ninh to reach cooperation agreements, saying that it is in line with the Embassy’s plan to promote bilateral cooperation at local levels.

Manh pledged to do his utmost to connect Vietnamese and Russian businesses in their search for investment and cooperation opportunities.

Irkutsk boasts substantial potential for investment and economic development, such as the province’s advantages in holding the largest area of forest in Russia, the largest freshwater lake in the world by volume (Lake Baikal), and rich mineral reserves.

Furthermore, science-technology, aviation, hydroelectricity and food production are also strengths of the province.

Irkutsk is one of the leading localities for investment attraction in Russia, he said, noting that in 2017 alone, the province lured over US$9 billion in investment.

The Governor appreciated the contributions of the Vietnamese community to Irkutsk’s development, and to relations between Vietnam and Russia.