Wednesday, October 26 2016


Russian official discusses ties, trade with Viet Nam

Update: December, 29/2015 - 10:19
Russian Ambassador Konstantin Vnukov (first left)  held a press conference in Ha Noi yesterday to review Viet Nam-Russia ties for 2015. — Photo

HA NOI (VNS) — Russian Ambassador Konstantin Vnukov held a press conference in Ha Noi yesterday to review Viet Nam-Russia ties for 2015 when the 65th anniversary of bilateral diplomatic ties (January 30) was celebrated.

During 2015, Russian and Vietnamese leaders increased political dialogues, which was reflected by Russian Prime Minister Dmitry Medvedev's visit to Viet Nam and President Truong Tan Sang's visit to attend the 70th anniversary of the Victory in the Great Patriotic War in Moscow.

He expressed his belief that the bilateral free trade agreement among Eurasian member states, including Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan and Viet Nam, which was signed on May 29, 2015, marked a key step to expanding bilateral economic and investment ties.

Two-way trade hit US$2.74 billion from January-October this year. Russian firms invested in 114 projects worth $2 billion in 24 Vietnamese cities and provinces, while the Vietnamese side poured $2.4 billion into 18 projects across Russia.

Nearly 6,000 Vietnamese students are pursuing their studies in Russia, and the Russian government has provided scholarships for 800 students this year. That figure is expected to climb to 1,000 by 2018.

Both countries have continued to work closely together in the fields of oil and gas, energy, national defence-security, culture, education and science. Ministries, agencies, localities and people have expanded their engagements by discussing matters regarding immigration, banking, customs, judicial affairs, border protection and anti-corruption.

The ambassador told the media that Viet Nam and Russia were set to extend business co-operation as well as people-to-people exchanges.

Russia planned to publish a collection of material to promote Viet Nam, its culture and people, he said, adding that agriculture was one of their priorities for next year. — VNS

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