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Economy
Nov 13, 2015 / 17:04

New opportunities in traditional market

By Tuan Minh

Information from Hanoi Investment - Trade - Tourism Promotion Center (HITTPC), on November 12, Vietnam Fair opened high-quality multi-functional complexes in Hanoi - Moscow (Incentra, Russian Federation) co-organized by the Ministry of Industry and Trade, Hanoi People`s Committee and Ho Chi Minh City.

Although this is the first time Vietnam Fair held in Incentra, thereby enhancing trade promotion activities, promoting Vietnamrow, attracted nearly 170 companies in the country participated, Hanoi alone there are more than 70 companies. From now till the end of December 12, Vietnamese enterprises have brought 12000 products to the fair, such as consumer goods and light engineering goods; furniture, furnishings and decorations; Agro - fisheries; Crafts, gifts... that are interested in the Russian market. More important, through this fair, Vietnam enterprises will get to know and understand the tastes and demands of Russian consumers as well as to connect with retail partners in Russia, thereby consuming Vietnamese goods in this market.
 
Vietnamese Ambassador in Russia, CEO and Representative of INCENTRA BIDV answered questions of Russian and Vietnamese reporters at a press conference.
Vietnamese Ambassador in Russia, CEO and Representative of INCENTRA BIDV answered questions of Russian and Vietnamese reporters at a press conference.
 
Nguyen Gia Phuong - Director of HITTPC claim that: In the future, HITTPC coordinate with Vietnam Business Association in Russia will further support businesses to access and deploy business operations and investment on Russian market. In the immediate, focus on finding customers, distribution channels Vietnam. Representatives from May 10 Company said that: Russia's consumer market is not too difficult as the EU, the USA..., most Vietnamese products can meet the needs of consumers. It shows that this fair will provide an opportunity for Vietnam enterprises to boost exports of goods to the Russian market in the near future. According to information from the Ministry of Industry and Trade, Vietnamese goods have captured the hearts of Russian consumers, the Fair attracted over 4,000 enterprises in the regions of Russia that registered participants, thereby seeking partners. To create networking opportunities - of Vietnamese and Russian enterprises. This combination will create opportunities for sellers and buyers to find understanding of the needs, tastes and modes of cooperation... between the parties. However, Vietnamese enterprises can exploit the strengths of the sectors of light industry, mechanical engineering, industrial... Therefore, after the end of the fair, the agricultural commodities, food will continue to have more meetings with partners as well as the sale of products of Russian investors. Especially, TH True Milk Group is planning to invest in establishing production regions in Russia.

Also on this occasion, HITTPC collaborates with the Embassy of Vietnam in Russia, Vietnam Business Association in organizing the conference of foreign trade and investment connections, traveling between Hanoi's enterprises and enterprises of the Russian Federation; Enterprises conference of textile industry - footwear; agricultural products - food; Furniture; Practical workshop experience to access the Russian market.

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