Seven parties to participate in Syrian talksWorld January 22, 9:54
Russia’s Pavlyuchenkova reaches Australian Open quarterfinalsSport January 22, 7:19
IBU Executive Board finds no grouns to suspend Russia's biathlon teamSport January 21, 22:53
Russia terrified watching monuments destroyed in Palmyra — culture ministerRussian Politics & Diplomacy January 21, 17:08
Russian bombers deliver successfully strikes on terrorists' facilities in SyriaWorld January 21, 15:39
Denmark uses Russian data in its application for expanding shelf — ministerBusiness & Economy January 21, 15:15
Agreement on bases in Syria to serve strengthening of stability in Middle East — MPRussian Politics & Diplomacy January 20, 21:18
Trump's inaugural address: When America is united, America is totally unstoppableWorld January 20, 20:57
Hermitage chief: New Palmyra destruction comes across as militants' vengeanceRussian Politics & Diplomacy January 20, 20:29
HANOI, February 20 (Itar-Tass) —— Trade turnover between Vietnam and Russia, which amounted to 1.5 billion dollars in 2011, will grow up to the level of 2.5 billion dollars this year, trade advisor at the Vietnamese embassy in Russia Wu Van Quang said in an interview with the business weekly Thoi Bao Kinh te Viet Nam.
Due to the fact that Russia recognized Vietnam as a market economy country, import duties on Vietnamese goods supplied to the Russian market will reduce this year by 3-5 percent on average. According to the expert, this gives all grounds to suppose that the volume of mutual trade this year will reach 2.5 billion dollars and exceed the level of 3 billion dollars in 2013.
Vietnam mainly exports household electronics and seafood products to Russia.
To further successfully advance bilateral trade and economic ties, Vietnam and Russia, according to the trade advisor, should intensify the process of negotiations on creation of a Vietnamese-Russian free trade zone. The availability of such an agreement, as Wu Van Quang noted, will become an effective instrument for expansion of economic partnership ties between Hanoi and Moscow, as well as larger scale cooperation within the framework of Customs Union of Russia, Belarus and Kazakhstan.