Among them, director of Minh Phat Food Company said that it has many times attended fairs in Russia to seek partners to export canned tuna which has been exported to the Middle East. Meantime, representative of Dakao Vietnam Company said that Russia is a new market in the cashew production and processing field. Formerly, Vietnamese firms majorly sold their products in the US, China and the Middle East. The company has been paying attention to market expansion and hopes that Russia will become a big market of the company. Since Vietnam - Eurasian Economic Union (EAEU) Free Trade Agreement took effect in 2016, the tariff rates imposed on many items have reduced to 0 percent facilitating Vietnamese goods export to the Russian market which is in high demand of garment, textile, footwear items as well as agricultural-forestry-fishery products comprising phantasies fish and shrimp. Mr. Dmirtriy Makarov from the HCMC branch of the Office of Trade Representation of the Russian Federation in … [Read more...] about Vietnamese firms plan penetration into potential Russian market
Russian market
Vietnamese milk group tap Russian market
HÀ NỘI — TH Group will collaborate with Russian farmers to produce milk products that meet international standards. The statement was delivered by Thái Hương, TH Group founder, during the ground breaking ceremony of a milk processing plant, which is an important component of its dairy farm and milk processing mega-complex, in Russia earlier this month. Once operational, the plant is expected to bring one of Việt Nam’s leading milk brands closer to Russian customers. Party General Secretary Nguyễn Phú Trọng (second from left) attends the ground breaking ceremony of a milk processing plant - part of TH Group’s dairy farm and milk processing mega-complex, in Russia early this month during his official trip to the country. — VNS Photo Efforts to bring Vietnamese milk to the world In recent years, many Russians have learned about TH milk products thanks to the group’s participation at several food … [Read more...] about Vietnamese milk group tap Russian market
Vietnam’s agro-aquatic products strive to penetrate Russian market
The pavilion of Vietnam at WorldFood Moscow 2018 (Photo: VNA) Hanoi (VNA) – Vietnamese businesses are striving to promote agricultural and aquatic products in the Russia market at an international food fair and trade connection activities being held in Moscow, Russia. The 27th International Food Exhibition (WorldFood Moscow 2018) is now underway until September 20, with the participation of more than 1,500 firms from 62 countries and territories worldwide. With the support of the Trade Promotion Centre under the Ministry of Agriculture and Rural Development and the Vietnamese Trade Office in Russia, Vietnamese firms including Dakao Agricultural Produce Export and Production Company (Dakao Vietnam), Nam Viet Foods & Beverage, Tan Phat Foods Corporation, Hanoi Trade Corporation (Hapro), Trung Nguyen Group and TH Group, have been attending the event. A wide range of Vietnamese agricultural and aquatic products are introduced at the exhibition such as cashew … [Read more...] about Vietnam’s agro-aquatic products strive to penetrate Russian market
Russian market in Ho Chi Minh City
There is a Russian market in the heart of Ho Chi Minh City. The market sells the iconic wooden roly poly dolls, souvenirs, and warm clothes from Russia, attracting crowds of foreign and domestic customers. The Russian market on District 1’s Vo Van Kiet street was built in 2000. It covers an area of 2,000 square meters. The three-storey market has 200 booths selling clothes, footwear, bags, and household appliances. With nearly 200 kiosks, the market welcomes thousands of shoppers each day. Customers that visit the market are from all over the world, not just Vietnam. After nearly two decades, the market has become a venue for everyone who loves Russian culture and products. It has also become a unique attraction for both foreign and domestic tourists when they visit Ho Chi Minh City, Vietnam’s most bustling city. –VNA … [Read more...] about Russian market in Ho Chi Minh City
Luxury sneakers: High style and a booming market
A shopper looks at sneakers at Stadium Goods on Jun 6, 2018 in New York. (Photo: AFP/Don Emmert) Maxance, who just turned 14, asked his parents for an US$800 pair of Adidas shoes for his birthday. He did not get them. "We live in a world where sneakers are basically works of art," the teenager said. The world is also one in which luxury sneakers - often limited-edition collaborations between the big names in sportswear and fashion labels, rappers or famous athletes - have become coveted accessory for everyone from tween boys to middle-aged men. Some pairs fetch tens of thousands of dollars - the super-rare Derek Jeter Air Jordan 11, named for the New York Yankees superstar, were going for about US$50,000 in recent weeks. Only five pairs were released. Such shoes are bought second- or third-hand, mainly on the internet but also in chic boutiques or pop-up stores, packaged in plastic wrap to protect them. New York is one of the capitals of this flourishing high-end sneaker culture, … [Read more...] about Luxury sneakers: High style and a booming market