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    Home > Food News > Food Articles > Vietnamese agricultural products have many favorable conditions for export to Russia

    Vietnamese agricultural products have many favorable conditions for export to Russia

    • Last Update: 2021-12-02
    • Source: Internet
    • Author: User
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    (People's Daily) Yang Huangming, Vietnam's trade counselor in Russia, said on the 23rd that Vietnamese agricultural products have many favorable conditions for exporting to Russia
    .
     
    According to a report from the Vietnam News Agency in Russia, Yang Huangming stated at the Vietnam-Russian Agricultural and Fishery Trade Cooperation Forum held in a combination of online and offline methods that since October 2016, Vietnam and the Eurasian Economic Union (EAEU) with Russia as the main member have been free Since the entry into force of the trade agreement, Vietnam’s exports of agricultural products, especially aquatic products, to Russia have grown substantially
    .
    At present, Vietnamese companies also have many favorable conditions for exporting agricultural products to Russia
    .

     
    First of all, Vietnam has a very active team of companies in Russia who understand the local market
    .
    In recent years, Vietnamese cuisine has become very popular in the Russian market
    .
    There are Vietnamese restaurants in the Russian capital Moscow and many other big cities
    .
    According to preliminary statistics, there are nearly 800 restaurants selling Vietnamese food, beverages and fruits
    .
    This is a good condition for Vietnamese enterprises to promote the export of agricultural products to Russia
    .
     
    Vietnam’s Ambassador Extraordinary and Plenipotentiary to Russia Deng Mingkui said at the forum that since the “Vietnam-Eurasian Economic Union Free Trade Agreement” took effect in October 2016, the trade between the two countries has shown a positive growth trend
    .
    According to Russian statistics, the bilateral trade volume between the two countries reached 5.
    7 billion U.
    S.
    dollars in 2020, double the amount in 2016
    .
    Vietnam-Russia agricultural trade has grown strongly, reaching US$914 million, an increase of 2.
    5 times compared with 2015
    .
    In particular, in 2020, Russia's agricultural exports to Vietnam have increased by more than 20 times compared to before the signing of the agreement
    .
     
      However, agricultural trade only accounts for about 15-16% of the total import and export trade between the two countries
    .
    Vietnam’s exports of agricultural products and aquatic products to Russia accounted for only 1.
    1% of Vietnam’s total agricultural exports
    .
    At the same time, Russia’s exports to Vietnam accounted for only about 1.
    4% of Russia’s total exports of agricultural products
    .
     
      In order to promote agricultural and fishery cooperation, Ambassador Deng Mingkui suggested that the enterprises of the two countries actively carry out trade promotion and market research activities, participate in various product exhibitions, and continuously improve the quality of their products
    .
    In addition, the agricultural management departments of the two countries should strengthen coordination and cooperation to create more favorable conditions for enterprises to export seafood and meat products
    .
    (over)

    Agricultural exports
     
      According to a report from the Vietnam News Agency in Russia, Yang Huangming stated at the Vietnam-Russian Agricultural and Fishery Trade Cooperation Forum held in a combination of online and offline methods that since October 2016, Vietnam and the Eurasian Economic Union (EAEU) with Russia as the main member have been free Since the entry into force of the trade agreement, Vietnam’s exports of agricultural products, especially aquatic products, to Russia have grown substantially
    .
    At present, Vietnamese companies also have many favorable conditions for exporting agricultural products to Russia
    .

     
      First of all, Vietnam has a very active team of companies in Russia who understand the local market
    .
    In recent years, Vietnamese cuisine has become very popular in the Russian market
    .
    There are Vietnamese restaurants in the Russian capital Moscow and many other big cities
    .
    According to preliminary statistics, there are nearly 800 restaurants selling Vietnamese food, beverages and fruits
    .
    This is a good condition for Vietnamese enterprises to promote the export of agricultural products to Russia
    .
     
      Vietnam’s Ambassador Extraordinary and Plenipotentiary to Russia Deng Mingkui said at the forum that since the “Vietnam-Eurasian Economic Union Free Trade Agreement” took effect in October 2016, the trade between the two countries has shown a positive growth trend
    .
    According to Russian statistics, the bilateral trade volume between the two countries reached 5.
    7 billion U.
    S.
    dollars in 2020, double the amount in 2016
    .
    Vietnam-Russia agricultural trade has grown strongly, reaching US$914 million, an increase of 2.
    5 times compared with 2015
    .
    In particular, in 2020, Russia's agricultural exports to Vietnam have increased by more than 20 times compared to before the signing of the agreement
    .
     
      However, agricultural trade only accounts for about 15-16% of the total import and export trade between the two countries
    .
    Vietnam’s exports of agricultural products and aquatic products to Russia accounted for only 1.
    1% of Vietnam’s total agricultural exports
    .
    At the same time, Russia’s exports to Vietnam accounted for only about 1.
    4% of Russia’s total exports of agricultural products
    .
     
      In order to promote agricultural and fishery cooperation, Ambassador Deng Mingkui suggested that the enterprises of the two countries actively carry out trade promotion and market research activities, participate in various product exhibitions, and continuously improve the quality of their products
    .
    In addition, the agricultural management departments of the two countries should strengthen coordination and cooperation to create more favorable conditions for enterprises to export seafood and meat products
    .
    (over)
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