At 2015 year-end Vietnam has become the largest trade partner of Russia among the ASEAN countries
It was announced by Head of the Russian Trade Representative Agency in Vietnam Maxim Golikov. According to Maxim Golikov, “trade turnover between the Russian Federation and Socialist Republic of Vietnam reached USD3.9 billion demonstrating an increase by 4 per cent”. Compared to the previous year Vietnam has raised by 9 positions to become ranked 28 in the total list of Russia`s international trade partners. Vietnamese export to Russia grew to USD2.1 billion, whereas Russian export to Vietnam amounted to USD1.8 billion. The main increase of exports from Russia to Vietnam was registered for commodities and semi-processed materials (+13.6 per cent) and machinery and equipment (+22 per cent). The Agreement on the Free Trade Zone (FTZ) between the Eurasian Economic Union (EAEU), its Member States and the Socialist Republic of Vietnam signed in May 2015 will contribute to further increase of the Russian-Vietnamese trade. Vietnam was the first country with which the EAEU has signed such an agreement.
Press-release at TASS official web-site