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Vietnam values its cooperation with Russia through all channels.

For businesses in Hanoi, the fair serves as a means to market products and increase exports.

Vietnamese agricultural exports may be at risk if producers and farmers are unable to meet international standards on food safety.

As the EU-Vietnam Free Trade Agreement (EVFTA) approaches its fourth anniversary on August 1, 2024, the latest survey by the European Chamber of Commerce in Vietnam (EuroCham) paints a nuanced picture of the pact's impact.

Failure to comply with phytosanitary and food safety regulations for exports has resulted in significant losses for local businesses.

Hanoi's companies are now export leaders, signalizing a bright prospect for the second half of the year.

The figure could go up to US$7 billion this year, which is $0.5 billion to $1 billion above the planned target.

Cultivation code helps Hanoi's agricultural exports penetrate demanding markets.

In the first five months of 2024, Hanoi's export turnover of goods experienced positive growth, estimated at US$7.1 billion, up 7.7% year-on-year.

More and more products labeled 'Made in Vietnam' are appearing in international supermarket chains and retail systems in major global markets.

On the positive side, both the foreign-invested and domestic sectors recorded good export growth.

The program is designed to enhance the cross-border e-commerce capabilities of leading export-oriented industries in partnership with key industry associations.

Hanoi currently has over 2,000 hectares under tea cultivation, mainly in the mountainous and hilly terrains, with an annual production of over 20,000 tons.

The city will continue to help One Product One Commune (OCOP) manufacturers standardize production processes for export this year.

Despite its small size, Hanoi's agricultural sector had export earnings of over US$1.35 billion last year.

The trade fair runs from May 9-12.