An online forum promoting trade in agro-fisheries between Vietnam and Russia will be held today. Co-organised by the Vietnamese Ministry of Agriculture and Rural Development, the Russian Ministry of Agriculture, the Russian Embassy in Vietnam and the Vietnamese Embassy in Russia, the event aims to connect the two countries’ firms together, towards achieving the goal of lifting two-way trade to 10 billion USD.

Vietnam is now Russia’s top trade partner in Southeast Asia. Two-way trade hit nearly 4.5 billion USD annually in the 2018-2020 period, 900 million USD of which was from farm produce.

The event is expected to provide a platform to introduce Russia’s food safety and hygiene regulations as well as requirements for Vietnam’s fisheries processing facilities for export to Russia.

Source: VOV5