PM attends inauguration of Vietnamese group’s operation in Russia

PM Nguyen Xuan Phuc and delegates cut a ribbon to open the office of the T&T Russia Company. (Photo: VNA)

During his official visit to Russia, Prime Minister Nguyen Xuan Phuc and the Vietnamese delegation on May 22^nd attended the opening ceremony of the Vietnamese T&T Russia Company under the T&T Group.

The event aimed to make the T&T Group become one of the 5 largest private groups in Vietnam and 50 Asian leading groups.

Earlier, T&T Group was licensed to invest in Russia with a capital of USD25 million.

The opening of a company in Russia is expected to bring easier access to services in Russia; increase cooperation with Russia’s leading groups for carrying out projects that are in Russia’s strengths such as clean energy, industry, healthcare and agriculture; take advantage of the large Russian market for exporting more Vietnamese key products to Russia, including seafood, agricultural products, and other electronic products; and seek Russia’s high quality products to be distributed in the Vietnamese market, including frozen poultry meat, dairy and butter products, and other industrial products.