The Vietnam–Russia Trade and Investment Networking, held on June 17 in Kazan, Russia, brought together senior officials, local authorities and more than 100 businesses from both countries to explore new cooperation opportunities.
The event took place on the sidelines of the ASEAN – Russia Commemorative Summit.
Speaking at the forum, Vietnamese Finance Minister Ngo Van Tuan highlighted the significance of strengthening business ties between Vietnam and Russia at a time when the global economy continues to face uncertainties and volatility.
According to the minister, the event serves not only as a platform for business networking but also as an opportunity for both countries to share long-term development visions and capitalize on the complementary strengths of their economies.
He outlined five priority areas for future cooperation: improving the quality of bilateral trade and diversifying export-import products; promoting investment and participation in emerging value chains; expanding collaboration in science, technology and innovation; strengthening partnerships between localities; and enhancing transport and logistics connectivity.
He expressed hope that Russian companies would continue expanding their presence in Vietnam, while encouraging Vietnamese businesses to take greater advantage of opportunities in the Russian market.
Bilateral trade has shown encouraging growth, reaching $4.77 billion in 2025. Trade turnover totaled $2.16 billion in the first five months of 2026, underscoring the positive momentum in economic relations between the two countries.
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