On the afternoon of March 3rd, the Ministry of Industry and Trade announced that on March 2nd, at the Ministry's headquarters, Acting Minister Le Manh Hung held a working meeting with the Chairman of the Council of the Eurasian Economic Commission (EEC), Bakytzhan Sagintayev, on the occasion of the Chairman's visit to Viet Nam.

The Eurasian Economic Union (EAEU) has implemented safeguard measures on Vietnamese textiles and garments, with these measures taking effect for a period of six months.

Areas like agricultural products, processed foods, pharmaceuticals, and medical devices, are in high demand in Russia.

The Eurasian Economic Union (EAEU) and the Association of Southeast Asian Nations (ASEAN) need to take their cooperation to a new level.

Việt Nam and Russia are positioned to take advantage of growing opportunities for economic and trade cooperation, as highlighted by the Việt Nam Trade Office in Russia.

As of November 2024, Russia had 199 investment projects in Việt Nam, with a total registered capital of approximately $990 million.

Import-export turnover between Vietnam and Russia during the first three quarters of this year reached US$3.52 billion, up 41% over the same period from last year, while many local business delegations have gone to Russia to explore the large market.

The free trade agreement (FTA) between Vietnam and the Eurasian Economic Union (EAEU), which comprises Russia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia, has made important contributions to two-way trade between Vietnam and members of the union, representatives from the two sides said at a recent meeting.

Vietnamese enterprises should develop solutions to comply with international labour standards to be able to participate in global support chains and promote export sustainability, experts have said.

The Russian Federal Service for Veterinary and Phytosanitary Supervision (FSVPS) have recently added two more seafood enterprises to the list of Vietnamese firms permitted to export to the Eurasian Economic Union (EAEU), as of May 4.