Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”
Russia is willing to help develop Vietnam's nuclear power sector and provide it with crude oil and LNG, the two countries said on Wednesday. Vietnam and Russia also agreed to continue to facilitate oil and gas projects on each others' continental shelves,
MOSCOW. Jan 16 (Interfax) - The Russian government will provide support to the plant assembling GAZ Group vehicles in Vietnam, Prime Minister Mikhail Mishustin said on Thursday at a government meeting. "The Russia-Vietnam joint venture assembling Russian GAZ vehicles in Da Nang will receive support," Mishustin said, without providing any details.
Russia is supporting Vietnam's potential entry into the BRICS group, despite Vietnam's hesitations over possible U.S. repercussions. Vietnam seeks to advance economic growth with U.S. backing, while Russia aims to strengthen Asian alliances amidst global isolation.
Russia aims to assist Vietnam in joining the BRICS bloc as a partner country, enhancing its participation in global economic discussions.
Rosatom, the Russian state atomic energy corporation, and Vietnam's state-owned power utility EVN have agreed to enhance nuclear collaboration.
Vietnam continues to speed up administrative reforms, improve the investment environment and create favourable conditions for Russian businesses to expand here, says Prime Minister Pham Minh Chinh.
Russia and Vietnam signed an agreement on nuclear energy on Tuesday during a visit by Prime Minister Mikhail Mishustin aimed at deepening ties between the two long-standing allies.
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”
Russian Prime Minister Mikhail Mishustin met Vietnam's President Luong Cuong Wednesday, seeking to bolster support from its long-standing ally as Moscow's isolation over the war in Ukraine grows. During his visit,
Hanoi is seeking to revive its nuclear programme in order to achieve energy self-sufficiency and meet its 2050 greenhouse gas emissions goals.