Vietnam's culinary presence grows in Russian supermarkets
Featuring over 150 Vietnamese products from fresh and processed fruits to beverages, sauces, noodles, and coffee the space aims to introduce Russian consumers to Vietnam’s diverse cuisine and cultural offerings.
Vietnamese Ambassador to Russia Dang Minh Khoi visits "Vietnam corner" (Photo: VNA)
Moscow (VNA) – The first “Vietnam corner” in a major Rꦍussian supermarket chain officially launched on June 27 at a Magnit Extra store in Moscow, as part of a joint initiative by Vietnam’s Masan Group and Russia’s Magnit Group.
Featuring over 150 Vietnamese products from fresh and processed fruits to beverages, sauces, noodles, and coffee the space aims to introduce Russian consumers to Vietnam’s diverse cuisine and cultural offerings.
Vietnamese Ambassador to Russia Dang Minh Khoi, embassy staff, and local shoppers attended the launch, where visitors sampled Vietnamese food and learned more about the country’s culinary culture.
The diplomat expressed his hope that the new initiative would boost cultural exchange and tourism, encouraging more Russians to visit Vietnam.
According to Grand Trading Company Director General Vladislava Bakhtenko, the corner serves not only as a retail space but as a cultural bridge. He voiced optimism about expanding the model to other regions of Russia.
Masan’s representative described the launch as a continuation of growing business and cultural ties between the two countries. Earlier this month, a “Russia corner” was opened in Vietnam to showcase Russian food and culture.
The “Vietnam corner” is expected to serve as a cultural and culinary link, helping foster mutual understanding and friendship between the two countries' people./.
The course aims to promote knowledge exchange between scientific and educational schools from different countries, while deepening participants’ expertise in modern technology and technical education. It comprises two main specialisations of electronics-automation and nuclear technology.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
Vietnam is a country with which Russia shares a special relationship. In the 1950s and 60s, particularly during Vietnam’s struggle for independence, the two countries forged a deep bond. While much has changed over time, the friendship and cooperation between our nations have endured, said Russian President Vladimir Putin.
A new trend has also emerged. While capital flow previously led the charge in boosting the retail sector, it is now the retail brands themselves that are reshaping the market. Expansion by fashion, cosmetics, furniture and F&B brands is setting the pace for sector growth and driving renewed investor interest.
The forum is a structured journey of dialogue, moving from local to national levels, from grassroots realities to policy formulation, from the voice of entrepreneurs to government commitments. Its outcomes will be compiled in the Vietnam Private Sector White Paper 2025, offering specific and actionable policy recommendations to the Government, ministries, and local authorities.
Both the IMF and OECD believe that with solid macroeconomic fundamentals, a clear reform agenda, and active involvement from the private sector, Vietnam is well-positioned to maintain stable growth and enhance its position in global value chains.
The BCI for the second quarter of 2025 recorded a slight dip to 61.1, reflecting heightened global uncertainty. However, the overall sentiment remains one of cautious optimism, with Vietnam still viewed as a resilient and promising investment destination.
Economic experts described this as a major shift in tax administration aimed at enhancing the efficiency of tax collection from the fast-growing online business sector, which still faces gaps in data transparency and tax declaration compliance.
The National Data Development Fund has been established, operating as a non-budget state financial fund with an initial capital of 1 trillion VND (38.4 billion USD).
Games developed by Vietnamese teams recorded 9.6 billion downloads in 2024. In the first six months of 2025, this number already hit 5.2 billion downloads. Downloads for all of 2025 are expected to surpass 10.3 billion, a year-on-year growth of over 7.7%.
Vietravel Airlines has approved a plan to increase its charter capital to 2.6 trillion VND (99.6 million USD) in an effort to bolster financial capacity to expand its fleet and operations.
Prime Minister Pham Minh Chinh appreciated JBIC's support in policy dialogue, as well as its provision of numerous loans to promote Japanese investment in Vietnam through key infrastructure and energy projects.
Comprising members who work and conduct research at investment banks, asset management funds, fintech companies, and strategic financial consulting firms, Vietnam Finance and Investment Association in the United Kingdom is well-positioned to stay abreast of global trends, international standards, and effective operational models of the modern financial industry.
In recent years, fruit farmers have applied science and technology to cultivation in an effort to improve productivity, fruit quality, and income value.
Under Resolution No. 204/2025/QH15 of the National Assembly, the 2% reduction in VAT is scheduled to take effect from July 1 and remain valid until December 31, 2026.
Vietnam’s NetZero Pallet, which specialises in manufacturing and exporting storage and transport pallets from recycled agricultural waste, was one of two top winners of the 2025 Small Business Champions Competition, held by the World Trade Organisation (WTO).
Shopee holds the largest market share, commanding 65% of GMV (around 10.4 billion USD), followed by TikTok Shop at 28% (4.5 billion USD), Lazada at 6% (1 billion USD) and Tiki at 1% (nearly 200 million USD).
This year’s programme also encourages cashless transactions through QR codes and e-wallets, as in line with the national digital transformation strategy and smart city goals.
Shopee holds the largest market share, commanding 65% of GMV (around 10.4 billion USD), followed by TikTok Shop at 28% (4.5 billion USD), Lazada at 6% (1 billion USD) and Tiki at 1% (nearly 200 million USD).
Although non-tariff and technical trade barriers aim to protect health, the environment and consumers, if they lack transparency or are not consistent, they can become invisible barriers that increase costs, prolong customs clearance times and create risks for businesses.
The project’s capital structure includes 5% public funding, 40% from domestic private investors, and the remaining 55% from foreign direct investment (FDI).
