Making news

Vietnam, Russia discuss celebrations of bilateral ties

Deputy Prime Minister Trinh Dinh Dung had working sessions with representatives of Vietnamese and Russian ministries and departments in Moscow on May 23 to discuss activities to celebrate the Vietnam Year in Russia and vice versa.

He welcomed trade and investment promotion activities to be held in the two countries, including the Vietnam-Russia international exhibition and the Vietnam-Russia business forum, which will expand bilateral cooperation at national and local levels.

The economic, trade and investment relations between Vietnam and Russia are being built based on the traditional close friendship and should be strengthened, he said.

Chairman of the board of directors of event organisations David Vartamov presented some typical activities of the Russian Year in Vietnam, focusing on the Vietnam-Russia industry exhibition 2019 and the Vietnam-Russia business forum which are scheduled to be held in Hanoi at the year’s end.

The exhibition in 2017 attracted 123 businesses representing 25 Russian localities, he said, adding that this year’s event is expected to receive support from the two countries’ governments to lure more enterprises from Russia and the Eurasian Economic Union (EAEU).

Earlier on May 22, Deputy PM Dung met his Russian counterpart Maxim Akimov to review the implementation of the Vietnam-Russia inter-governmental committee’s activities since the 21st session in October 2018.

In 2018, two-way trade reached 4.57 billion USD, a year-on-year rise of 28.6 percent. Vietnam and Russia aim to increase the bilateral trade to 10 billion USD by 2020.

The two Deputy PMs agreed to make it easier for Vietnamese and Russian businesses to cooperate, especially in fields of their strengths.

They pledged to strengthen coordination to organise activities within the framework of the Vietnam Year in Russia and the Russia Year in Vietnam in celebration of the 25th anniversary of signing the treaty on basic principles for the bilateral friendship (1994-2019) and the 70th founding anniversary of diplomatic ties. (1950-2020).