Novosibirsk entrepreneurs discussed cooperation with the Socialist Republic of Vietnam 

On April 4, within the framework of cooperation between the Investment Promotion Agency of the Novosibirsk Region  and the trade missions of Russia in foreign countries with the information support of  the Novosibirsk City Chamber of Commerce and Industry was held a webinar “Hour with the Trade Representative” dedicated to the development of trade and economic cooperation between the Novosibirsk Region and the Socialist Republic of Vietnam.

The event was attended by the Russian Trade Representative in the Socialist Republic of Vietnam Vyacheslav Kharitonov, the deputy minister for Economic Development of the Novosibirsk region Anna Pavlova, Director General of the Investment Promotion Agency of the Novosibirsk Region Alexander Zyryanov, Advisor to the Director General for International Affairs of the Investment Promotion Agency of the Novosibirsk Region Vasiliy Plotnikov, Vice-President of the Novosibirsk City Chamber of Commerce and Industry Tatyana Bernadskaya, and more than 20 representatives of Novosibirsk companies.

Mr. Kharitonov told about directions of the Vietnam’s economy development, tendencies of the cooperation in modern world geopolitics, exports prospective and spheres of cooperation. In particular, Vietnam interested in supplying food, environmental projects, waste recycling technologies, Russian software, and fuel.

Foreign trade turnover between Russia and Vietnam in 2021 amounted to more than 7 billion dollars. Since 2016, Vietnam has established a free trade zone, which allows trading with ASEAN countries duty-free, if the production of a foreign company is localized in Vietnam. The Republic of Vietnam did not support the anti-Russian sanctions, so the cooperation between the two countries will continue.

Anna Pavlova welcomed the participants of the webinar and told about the volume of exports and imports between the countries. In addition, Mrs. Pavlova emphasized that Novosibirsk is the largest scientific, innovative, educational and medical center of Russia.

Summing up the online meeting, the Russian Trade Representative in Socialist Republic of Vietnam answered specific questions of entrepreneurs of the Novosibirsk region. Mr. Kharinov noted that the trade mission is ready to assist enterprises of Novosibirsk region in promoting their products in the Vietnamese market, selecting partners and negotiating with the Vietnamese business.  The parties exchanged useful links and contacts for further cooperation.