Saturday, October 29 2016


Russia PM's visit meaningful: Quan

Update: April, 08/2015 - 08:07
Deputy PM Hoang Trung Hai and Russian PM Dmitry Medvedev met with enterprises of the two countries in HCM City. — VNA/VNS Photo Thanh Vu
HCM CITY (VNS) — Le Hoang Quan, chairman of HCM City's People's Committee, who met with Russian Prime Minister Dmitry Medvedev yesterday, said Medvedev's visit to Viet Nam at this time was especially meaningful as the country was preparing to celebrate the 40th anniversary of southern liberation and national reunification.

This year also marks the 65th anniversary of diplomatic relations between Viet Nam and Russia, he said.

He said the two countries had reached a high level of strategic co-operation.

"HCM City together with its people will try all of its best to strengthen the spirit of friendship of the two countries," Quan said.

HCM City, which has signed co-operation agreements with Moscow, Ekaterinburg and Vladivostok, is a sister city with Saint Petersburg.

Bilateral trade turnover between HCM City and Russia reached US$300 million in 2014.

Medvedev, together with Deputy Prime Minister Hoang Trung Hai attended the Viet Nam – Russia Enterprises Forum with representatives from 50 enterprises of both countries.

During the opening speech, the Russian prime minister said Viet Nam and members of the Eurasian Economic Union were completing negotiations on a free trade agreement which would open up more co-operation opportunities.

Russia would give Viet Nam priority, especially in light industry, commodities and other items, he said.

Deputy Prime Minister Hoang Trung Hai said that Viet Nam's economy had overcome difficulties after the government took measures to stimulate growth.

Le Hoang Quan, chairman of HCM City's People's Committee, meets with Russian Prime Minister Dmitry Medvedev (left) yesterday in HCM City. — VNA/VNS Photo Thanh Vu

Hai told the prime minister and representatives of Vietnamese and Russian enterprises that Viet Nam was furthering economic reform by encouraging and creating favourable conditions for the private sector to develop, and was also upgrading infrastructure to attract more foreign investment.

The establishment of the ASEAN Economic Community this year will offer further opportunity for Vietnamese and Russian enterprises to work together, Hai said.

He said the Vietnamese government would create favourable conditions for Russian enterprises and investors to cooperate with their Vietnamese counterparts in every field, especially in petrol, energy, minerals, education, automobiles, trade, and tourism.

As of March, Russian enterprises had 106 projects in Viet Nam, with a total investment of US$2 billion.

Viet Nam has 19 projects in Russia with total investment of $2.5 billion.

Bilateral trade between the two countries was $2.6 billion last year.

Besides the meeting with the city leader, Medvedev visited the Reunification Palace and toured Cu Chi Tunnels before leaving Viet Nam for Thailand. — VNS

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