Vietnam – Russia trade accounts for 80 percent of the Southeast Asian country’s total trade with the EAEU, which groups Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan.
As the Vietnam-EAEU deal came into force on October 5, 2016, Russia now boasts even bigger potential for Vietnamese goods, particularly aquatic and agricultural products, garment and footwear, which are strong export commodities of Vietnam.
Bilateral trade has grown strongly recently with Vietnam’s exports to Russia surging almost 20 percent year-on-year in the first 10 months of 2016, Tran Viet Phuong, deputy head of the Division for Russia and SNG countries at the Ministry of Industry and Trade’s Europe Market Department, said at a workshop in Ho Chi Minh on November 22.
He said the FTA brings about numerous tariff advantages for Vietnam’s key exports to Russia. It is a considerable opportunity for businesses to promote exports to Russia and expand market shares in other EAEU markets.
Tran Duc Hanh, a market research specialist, noted Vietnamese companies own certain advantages when entering the Russian market. While they will benefit from tariff cuts as Vietnam is the first country to ink an FTA with the EAEU, Russia is a large market with high demand for food and consumer goods.
Vietnam and Russia have different strong export items, and therefore they can avoid competition. Aside from effective distribution networks run by Vietnamese people in Russia, the two Governments are also working to enhance their comprehensive cooperation, he said.
Hanh also pointed out certain challenges such as high shipping expenses due to the geographical distance, along with differences in business culture, language and payment practice.
To optimise advantages generated by the Vietnam-EAEU agreement, Vietnamese firms should proactively learn about rules of origin, apply appropriate regulations to improve competitiveness, and align their goods to Russia’s requirements, said experts.
Trade between Vietnam and Russia is estimated at 4 billion USD a year, which is expected to reach 10 billion USD by 2020.
Source: VNA
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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