MOSCOW (Sputnik) — The forum, which is officially called "The Trade-Economic Cooperation of Vietnam and Russia: New Horizons," is organized by Vietnam’s Ministry of Industry and Trade, the Vietnamese Embassy in Russia, the association of Vietnamese businessmen in Russia and the Vietnamese Incentra investment company. It is due to take place at the Hanoi-Moscow Trade Centre, at 2 p.m. local time (11.00 a.m. GMT).
The forum is held in the framework of "Saigon Expo," where best items from Ho Chi Minh City are represented. The exhibition takes place on October 6-16 at the same trade center.
A representative from the Russian Ministry of Economic Development is expected to deliver a speech at the forum.
Participants are expected to discuss the opportunities of export and import of the Russian and Vietnamese goods after the free trade agreement between the EEU and Vietnam took effect on October, 5.
Under the deal the EEU countries – Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan – get the opportunity to sell goods in Vietnam on a preferential basis. With the deal Hanoi expects to significantly increase its foreign trade.