Vietnam Firms to Boost Investments in Russia
The Vietnam Chamber of Commerce and Industry (VCCI) is organising several investment seminars within the framework of an event named “Vietnam Days in Russia” on Sept 13-18 to support local firms to raise their investments in the Eastern European country.
This is a chance for Vietnamese companies to set up and enhance cooperation with Russian partners, especially those in operating in oil, gas, mine ores and defense industry.
Vietnam remains a promising investment destination for Russia investors, Vice Chairman of the Russian Chamber of Industry and Commerce Gheorgy Petrov earlier said.
As of Aug 20, Russian firms invest US$894.42 million in Vietnam, ranking the 23rd among 89 countries and territories investing in the Southeast Asian nation.
Russia is listed the 2nd among the most attractive places for Vietnamese companies with 18 projects totaling US$1.7 billion behind Laos by end-2009.
P.V