More Vietnamese businesses may soon be allowed to export aquatic products to Russia this year after a Russian working group made a fact-finding tour of some Vietnamese exporters, said Trade Counsellor of Vietnam in Russia Duong Hoang Minh.


A tra fish processing factory (Photo: VNA)

Minh said Vietnam’s trade office in Russia had earlier held a working session with local agencies.

The move was made after Vietnam was given a "yellow card” warning by the European Commission in September 2017 for failing to progress in fighting illegal fishing, which could lead to a drop in aquatic exports to the EU and other markets.

The counsellor said exports to Russia have encountered difficulties recently since this country and the Eurasian Economic Union (EAEU), of which it is a member, limited aquatic product imports and only allowed 21 Vietnamese companies to ship products to Russia.

However, there are more than 500 Vietnamese businesses eligible to export to the EU and other demanding markets at present. Therefore, the trade office of Vietnam has worked with the Ministry of Agriculture and Rural Development to persuade Russian agencies to lift barriers to Vietnamese aquatic products.

It also invited relevant agencies of Russia and the EAEU to make fact-finding tours to Vietnam in an effort to have more companies be allowed ship aquatic products to these markets, Minh added.

In 2017, Vietnam exported 2.2 billion USD worth of goods to Russia, up 35 percent year on year. Commodities with high export growth included vegetables, fruits, cashew nuts, textiles-garments, wood products, machinery and spare parts.

The counsellor said the Vietnamese trade office in Russia will now focus on helping businesses boost shipments and capitalise on the Vietnam-EAEU Free Trade Agreement.

It will also continue working to understand regulations and commitments in the World Trade Organisation and free trade agreements, as well as possible trade barriers.

 

                            Source: VNA

Related Topics


Rich and Flavorful Honey of Dao Village

Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.

Lac Thuy district prioritises resources for industrial, handicraft development

In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.

Phu Thanh implements organic practices in tea production

Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.

Hoa Binh works hard to accelerate progress of key projects

Amid efforts to streamline the administrative apparatus, Hoa Binh province has intensified measures to address challenges in land clearance, resettlement support, and infrastructure investment, aiming to speed up the progress of key projects.

Hoa Binh achieves record-breaking economic growth in Q1

Hoa Binh province has posted an unprecedented economic growth rate of 12.76% in the first quarter of 2025, marking its highest quarterly performance to date and positioning it as the second fastest-growing locality in the country, trailing only Bac Giang province.

Hoa Binh focuses on building strong OCOP brands for sustainable growth

Under current regulations, products in the One Commune – One Product (OCOP) programme that are rated three stars or higher must undergo re-evaluation every three months. However, in reality, some of these products fail to consistently meet the required standards, raising concerns about the sustainability of their OCOP certification. This underscores the urgent need for producers to enhance product quality and gradually develop their OCOP products into strong, marketable brands.