Many Russian firms are exhibiting their products during the 28th Viet Nam International Trade Fair (Viet Nam Expo 2018), which opened at the International Exhibition Centre in Ha Noi on Wednesday. The four-day event, themed ‘Viet Nam Expo – Enhancing Regional and Global Economic Links’, features more than 500 booths of 450 businesses from 24 countries and territories. Enterprises from 16 provinces and cities of Viet Nam and 23 countries and territories, including Russia, the Republic of Korea, China, Nepal, Thailand, Japan, Singapore, Cuba, Laos, Cambodia, Taiwan, Hong Kong and Mongolia are attending the event. Russia is the event’s guest of honour, with a hope that it will promote trade for both sides. With an exhibition area of 520 square metres, Russian companies are showcasing products like mechanical processing, precision mechanics, automation equipment, industrial biotechnology and high-tech electronics. Attending the expo, Russian Ambassador to Viet Nam Konstantin Vnukov said 2017 marked growth in Viet Nam-Russia ties, with both sides agreeing to push the implementation of the Eurasian Economic Union – Viet Nam free trade agreement and increase bilateral trade to US$20 billion by 2020. The expo is seen as a significant event to further trade promotion, he said. VIST Group, a Russian company attending this year’s expo, told Viet Nam News that it provides solutions for the development of information systems and applications in mining, metallurgy, electricity, scientific and telecommunications. “During this visit, we will introduce many different software systems used in various sectors especially the mining sector. These systems… [Read full story]
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