Moscow (VNA) – The Hanoi-Moscow trade centre, part of🎉 the Hanoi-Moscow Complex (Incentra) was inaugurated in Moscow, Russia on December 19.
Vietnamese Ambassador to Russia Nguyen Thanh Son said the event manifests efforts made by Vietnamese people in Russia as well as the valuable and effective assistance of Russian authorities and people to Vietnam.
Stanislav Odinokov, a representative from the Russian administration, also hailed the fruitful economic cooperation between Vietnam and Russia and the inauguration of the trade centre.
Incentra was built in 2010 by INCENTRA JSC of Eurowindow Holding at a cost of nearly 240 million USD on an area of 40,000 sq.m.
The complex, housing a modern shopping mall and a 21-storey apartment-hotel building, was inaugurated in 2013.
A pagoda built after the One-Pillar Pagoda, one of Hanoi’s symbols, was also included in the complex.-VNA
Party General Secretary Nguyen Phu Trong on November 25 had a meeting with Russian Prime Minister Dmitry Medvedev in Sochi city, during which they agreed to work harder to raise bilateral trade to 7 billion USD by 2015 and 10 billion USD by 2020.
Ho Chi Minh City’s authorities have decided to intensify trade promotion activities in Russia in the time ahead to tap into the potential Eurasian market and optimize signed FTA.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
Hanoi-Moscow trade centre (Source: incentra)
