Vietnamese companies seek cooperation with Russia’s Krasnodar province

A delegation of Vietnamese companies paid a working visit to the Russian province of Krasnodar - known as "breadbasket of Russia" - from August 2 to 5 to explore business cooperation with local enterprises.
Vietnamese companies seek cooperation with Russia’s Krasnodar province
Representatives of the Vietnamese delegation and Russia’s Krasnodar province pose for a group photo. (Photo: VNA)

The potential for exporting agricultural products and food from Krasnodar province to Vietnam was tabled at a roundtable held on August 3.

Egor Robskyi, Deputy Director of the Chamber of Commerce and Industry of Krasnodar province, affirmed the great potential for business collaboration between the province and the Asia-Pacific region, and Vietnam in particular, when the two countries established a full strategic partnership and Vietnam signed a free trade agreement with the Eurasian Economic Union (EAEU).

Kirill Arzamazov, Deputy Director of the Department of Investment and Small and Medium Business Development of Krasnodar province, talked about the possibility of developing an economic partnership between the Kuban region and Vietnam, adding that such a meeting creates momentum to increase bilateral trade.

Representatives of Vietnamese companies and Krasnodar firms discussed the potential for signing contacts and exporting of sunflower and vegetable oil, cereals, rice, soybeans and corn, among others.

On this occasion, the Vietnamese delegation visited a number of companies in the Kuban region to learn more about the advantages of local businesses.

The trade turnover between Krasnodar province and Vietnam exceeded 32 million USD last year, up 96% compared with that of 2020. The figure reached almost 95 million dollars in the period from the beginning of this year to date.

Russia highly values ASEAN's role model of multilateral cooperation
Vietnam, Russia exchange greetings on 10th anniversary of bilateral comprehensive strategic partnership
A new page for Vietnam – Russia rail transport
Businesses of overseas Vietnamese are emissaries launching Vietnamese products to the world
Expert on Vietnamese studies highlights Vietnam's role in Russia - Southeast Asia ties
(Source: VNA)