Leningrad region plans to increase trade with Vietnam to 1 billion rubles

The delegation of the Leningrad region came on a business visit to Vietnam. As Governor Alexander Drozdenko noted, the region expects to increase mutual trade to 1 billion rubles over the next five years. This was reported by Online47.ru.

During the trip, the head of the region held talks with the Vice-President of Petrovietnam, Dr. Le Juan Huen. The main topic was the supply of energy resources through the ports of the Leningrad region. The region aims to conclude long-term contracts for 10-15 years to ensure predictable and favorable conditions for both parties.

Also in Hanoi, a large-scale round table was held at the site of the Vietrade agency, uniting entrepreneurs of the two countries. The region was represented by companies from the industrial, energy, pharmaceutical and agro-industrial sectors. The Governor noted that the first vectors of cooperation have already been outlined. The Vyborg branch of Technonicol Corporation supplies materials to Hanoi and Ho Chi Minh City and is ready to join large-scale infrastructure projects, including the construction of Vietnam’s first nuclear power plant.

The trade turnover of the Leningrad region with Vietnam has already exceeded $ 300 million per year (for 8 months of 2026, Vietnam ranked 7th in terms of trade with the region and 3rd in terms of imports).

I set a goal: within five years to reach a mutual trade turnover of $ 1 billion. This is an ambitious, but quite realistic goal, said Alexander Drozdenko.

The governor added that each export contract represents new jobs, as well as taxes and salaries that will be used for social needs.