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Russian Export Center delegation in Vietnam

Released at: 19:51, 10/04/2018

Russian Export Center delegation in Vietnam

Russia participates in Vietnam Expo 2018 to promote export. Photo: docbao.com

Visit to Hanoi and HCMC to develop economic and commercial relations between the two countries.

by Le Diem

The Russian Export Center JSC (REC), in cooperation with the Ministry of Industry and Trade of the Russian Federation, is holding commercial events in Hanoi and Ho Chi Minh City during a visit by a delegation from April 9 to 13. The trip’s mission is to develop economic and commercial relations between the two countries.

The REC delegation visited Saigon Hi-Tech Park in Ho Chi Minh City, one of Vietnam’s leading science and technology centers, and had business-to-business (B2B) meetings with representatives of Vietnamese enterprises involved in export projects with Russia.

It introduced the REC Commercial House Model on April 10. With an “umbrella structure”, the Commercial House Model will link Vietnam with REC’s entire infrastructure network abroad, allowing a centralized source for Russian exporters to approach and conduct meetings and negotiations with foreign partners, provide samples of their products at active stalls in the network, or organize product exhibitions. A pilot project of the Commercial House Model is now being researched in Ho Chi Minh City.

The ceremony introducing the Commercial House Model was attended by Mr. Popov Alexey Vladimirovich, Russian Consul General to Ho Chi Minh City, Mr. Robert Kurilo, Head of the REC, and Russian and Vietnamese business associations and companies.

The REC delegation will also attend Vietnam Expo 2018 on April 11, in Hanoi. More than 30 leading Russian enterprises are participating at the event, including the VIST Group, the Sinara Transport Machines JSC, Sintez, Nacimbio, and others.

In the Russian area will be a forum on the “Russia-Vietnam Partnership in the Area of Trade and Economy: Development Strategies”; round tables on exporting agricultural products to Vietnam, promoting cooperation in industry and energy between Russia and Vietnam, and information technology and digital economy; and seminars on the adaptation of Russian products in Vietnam and the conditions and financial angles of doing business in the country.

The delegation will also visit several Vietnamese companies based in Hanoi that have branches in Russia.

The Russian Export Center JSC is a State-owned development institute established by the government to support the development of the non-commodity export industry. It offers a wide range of financial and non-financial support to benefit Russian exporters in exploring foreign markets and building capacity in global trade. The REC also acts as a focal point for interaction with relevant domestic ministries and agencies and cooperates with key industries and business players in Russia to improve export conditions in Russia and help bypass trade barriers.

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