18.05.2016 - Russian, Vietnamese state funds to invest $500m in joint trade platform
The Russian Direct Investment Fund (RDIF) and the State Capital Investment Corporation (SCIC) of Vietnam will each dedicate $250 million in a Russian-Vietnamese investment platform to identify attractive investment projects in bilateral trade. Thus, the $500-million platform will be directed towards projects that promote bilateral trade and foreign direct investment flows between the two countries, as well as Vietnamese business activities in Russia. “Following last year’s free trade agreement between the Eurasian Economic Union and Vietnam, RDIF has identified a major opportunity to strengthen cooperation between the two countries in a broader range of sectors beyond commodities...............................................Full Article: Source
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