Vietnam attends Eastern Economic Forum in Russia

The second Eastern Economic Forum opened in the Russian city of Vladivostok on September 2, attracting nearly 2,500 delegates from Australia, China, India, Japan, the Republic of Korea, Singapore, the US and Vietnam.

The Vietnamese delegation groups representatives from the ministries of Foreign Affairs, Industry and Trade, Public Health, and Education and Training and the Vietnamese Consulate General in Vladivostok.

Initiated by Russian President Vladimir Putin, the two-day event aims to foster economic development in the Far East and expand international cooperation in Asia-Pacific.

In his opening speech, special envoy of the Russian President in the Far East and Deputy PM Yuri Trutnev said the Far East authorities is working to build a competitive model with preferential tariff and administrative procedures that attract investors.

The forum includes 52 sessions and five business dialogues between Russia and partners from China, Japan, the Republic of Korea, ASEAN and Germany, discussing a range of issues regarding business opportunities in infrastructure, energy, aquaculture, tourism, intellectual economy, education-training in Asia-Pacific, manufacturing, forestry, among others.

During the event, Russia introduced 11 projects worth US$40 billion to investors.

The first forum, held in 2015, witnessed the signing of 80 deals worth more than US$20 billion.

President Putin is due to deliver a speech at a plenary session on September 3 and meet bilaterally with Japanese Prime Minister Shinzo Abe and President of the Republic of Korea Park Geun-hye.

VNA