Hundreds of Vietnamese businesses and Vietnam-Russia joint venturesgathered at a seminar that took place in Moscow on Oct. 31 to seek waysto boost Vietnamese exports to Russia .

Vietnamese Ambassador to Russia Pham Xuan Son spoke highly of theinitiative to hold the seminar, saying it is a good way to supportVietnamese people in Russia and promote Vietnam ’s trade in thecountry.

He highlighted the traditional friendship,mutual understanding and enhanced bilateral strategic partnershipbetween the two countries as advantages for Vietnamese businesses in theRussian market.

Two-way trade between Vietnam andRussia reached more than 2 billion USD in 2010. It is likely to riseto 3 billion USD in 2013 and 10 billion USD in 2020, the ambassadorsaid.

He called on Vietnamese entrepreneurs inRussia to contribute more to developing the Vietnamese community inthe European country.

The seminar was jointly held bythe Vietnam Chamber of Commerce and Industry, the State Committee forOverseas Vietnamese Affairs, the Trade Promotion Agency under theMinistry of Industry and Trade, the Bank for Investment and Developmentof Vietnam, and Hanoi-Moscow Trade Centre Investment Joint Stock Company(Incentra JSC). /.