Hanoi: The 11th Eastern Economic Forum (EEF), taking place in Vladivostok, Russia's Far Eastern region, from September 1-4, is opening up major opportunities for Vietnamese businesses, Minister of Finance Ngo Van Tuan told a Vietnam News Agency correspondent in Russia.

According to Vietnam News Agency, the forum is creating a platform for Vietnamese enterprises to engage with new markets and explore economic partnerships. The event is attracting a wide range of participants from various sectors, providing an arena for discussions on trade, investment, and collaboration potential between Vietnam and the Far East region of Russia.

Minister Ngo Van Tuan highlighted the potential for Vietnamese businesses to expand their presence in the Far East, noting the region's strategic position and its role in regional economic dynamics. The forum presents an avenue for Vietnamese companies to forge connections with Russian counterparts, explore joint ventures, and enhance their competitive edge on the international stage.

The EEF is seen as a significant event in strengthening Vietnam-Russia economic ties, offering a gateway for Vietnamese firms to access new opportunities in sectors such as agriculture, manufacturing, and technology. The minister emphasized the importance of leveraging this forum to build sustainable economic partnerships that can boost trade volumes and foster mutual growth.