08:59 | 24/03/2015 Trade
Solidarity among Vietnamese enterprises operating in Russia is vital during the host nation’s current economic recession, as determined during a workshop held in Moscow on March 22.
The event was held by the Business Association in Russia (VBR) to discuss challenges faced by overseas Vietnamese businesses in 2015 and put forth support measures.
Concluding the function, Ambassador to Russia Nguyen Thanh Son noted that Vietnam will sign a free trade agreement with the Customs Union of Russia, Kazakhstan and Belarus in May, which is expected to open up new opportunities for trade with Russia.
He also emphasised the embassy’s readiness to assist the development of the business community.
Russia’s economic slowdown after the annexation of Crimea in March 2014 and subsequent ruble devaluation are complicating the Vietnamese community’s production, business and import activities.
Source VOV News