A Russian programme on the development of startups’ business plans kicked off in Saint Petersburg on October 4, aiming to bring Russian projects to the Vietnamese market and attract Vietnamese investment in Russia.
Moscow (VNA) – A Russian programme on thedevelopment of startups’ business plans kicked off in Saint Petersburg on October4, aiming to bring Russian projects to the Vietnamese market and attract Vietnameseinvestment in Russia.
The programme is jointly organised by the Saint Petersburg Committeefor External Relations and State University of Economics, as well as the RussianFederal Agency for Youth Affairs.
Under the initiative, selected firms will be trained byexperts in a week to grasp knowledge on doing business in Vietnam and complete their projects for the Vietnamese market. The knowledge ranges fromintercultural communications, business trends and strategic cooperationdirections, to legal basis and investment attraction.
According to Nguyen Quoc Hung, head of the support fund forRussia – Vietnam cooperation development, trade and investment ties between Vietnam and Russia are yet to be on par with the nations’ potential and their comprehensive strategic partnership. Therefore, expanding andfinding new forms of cooperation to develop such relations are an urgent task.
Lauding the programme, he said it will create a premise for startups,helping them better understand business conditions and laws in both countries andbroaden their visions in choosing the most suitable business partners andinvestment areas./.
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Illustrative photo (Source: crossed-flag-pins.com) 
