Prime Minister Nguyen Xuan Phuc (Source: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc left Hanoi on the morning of May 16 for a five-day official visit to Russia and to attend the Commemorative Summit to mark the 20th anniversary of the ASEAN-Russia dialogue relationship.

Accompanying him are Deputy Prime Minister and Foreign Minister Pham Binh Minh, Minister-Head of the Government Office Mai Tien Dung, Minister of Planning and Investment Nguyen Chi Dung and Minister of Industry and Trade Tran Tuan Anh, among others.

The Government leader’s Russia visit takes place in the context that the Vietnam-Russia comprehensive strategic partnership continues strong development in numerous fields such as politics, economics, defence security, science and technology, education and training and culture.

The visit aims to realise the foreign policy set forth at the 12 th National Party Congress and to deepen the Vietnam-Russia comprehensive strategic partnership.

Within the framework of the tour, the two sides will review the implementation of their major projects in specific areas, while discussing regional and international issues of mutual concern.

The two-way trade volume between Vietnam and Russia reached 2.2 billion USD in 2015 and 591 million USD in the first quarter this year.

Currently Russia ranks 17 out of 101 countries and territories investing in Vietnam with a total capital of 2 billion USD in 114 projects. Russian companies mainly invested in mining, processing and manufacturing industry in Vietnam.

Vietnamese companies have invested 2.93 billion USD in Russia, mostly in oil and gas and trade with some big projects like Rusvietpetro, Gazpromviet and the Hanoi Trade Centre in Moscow.

The Commemorative Summit to mark the 20th anniversary of the ASEAN-Russia dialogue relationship takes place in the context of positive progress in bilateral ties.

At the meeting, Russian and ASEAN leaders will discuss and draw up guidelines for strengthening the ASEAN-Russia Partnership and make it more practical and effective in the future.-VNA