Russian PM’s Vietnam visit promotes result-oriented cooperation

Prime Minister of Russia D.A.Medvedev’s official visit to Vietnam from November 18-19 looks to continue stepping up ties across politics, economy, trade, national defence-security, science-technology, education-training, culture, tourism, and locality-to-locality exchange between the two countries.
Russian PM’s Vietnam visit promotes result-oriented cooperation ảnh 1Prime Minister Nguyen Xuan Phuc (L) and his Russian counterpart D.A.Medvedev (Source: VNA)
Hanoi (VNA) – Prime Minister of Russia D.A.Medvedev’s official visit toVietnam from November 18-19 looks to continue stepping up ties across politics,economy, trade, national defence-security, science-technology,education-training, culture, tourism, and locality-to-locality exchange betweenthe two countries.

Thevisit, at the invitation of Prime Minister Nguyen Xuan Phuc, takes place at atime when the two countries will celebrate the Vietnam Year in Russia andRussia Year in Vietnam during 2019-2020, the 25th anniversary of thesigning of the Treaty on fundamental principles of Vietnam – Russia friendlyrelations in 2019 and the 70th founding anniversary of bilateraldiplomatic ties in 2020.

OnMarch 1, 2001, Vietnam and Russia signed a joint statement on strategicpartnership. Later on July 27, 2012, both sides issued a joint statement onfurther strengthening bilateral comprehensive strategic partnership.

Overthe past years, Vietnam – Russia political ties with high trust have beenincessantly strengthened. The exchange of high-level visits has created astrong foundation to develop comprehensive strategic partnership between thetwo nations.

Bothsides established the annual diplomatic-defence-security strategic dialoguemechanism at the permanent deputy ministerial level in 2008 and a strategicdialogue mechanism at the defence deputy ministerial level in 2013. They alsoconducted regular political consultations at the deputy ministerial levelwithin the framework of cooperation between the two foreign ministries.

Thetwo countries have maintained the Inter-Governmental Committee on militarytechnical cooperation at the defence deputy ministerial level. Russia is nowthe top important partner of Vietnam in the field. Both sides launched thefirst defence strategic dialogue at the deputy ministerial level in December2013, the second in March 2016 and the third in November 2017.

Sharingthe same views on many regional and global issues, the countries agreed to workclosely together at international forums such as the United Nations, theAsia-Pacific Economic Cooperation, the Asia-Europe Meeting (ASEM), and the ASEANRegional Forum. Russia backed Vietnam’s run for a seat at the United Nations Economicand Social Council for the 2016-2018 tenure while Vietnam also supportedRussia’s bid for 2017-2019.

Vietnamactively assisted Russia in joining ASEM in October 2010 and the East AsiaSummit in 2011.

Oneconomic-trade ties, the two nations maintained the operation of the Inter-GovernmentalCommittee for Economic, Trade and Scientific-Technological Cooperation whichwas established in 1992. In October 2018, the committee convened the 21st meeting in Moscow. The Vietnam – Russia Business Council was set up to facilitatebilateral trade and investment. The two countries recognised each other asmarket economies in 2007.

Two-waytrade rose from 2.2 billion USD in 2015 to 2.7 billion USD in 2016 and 3.55billion USD in 2017. Vietnam mostly exports mobile phones, apparel, farmproduce, and seafood to Russia while importing petroleum, iron and steel,fertiliser, machinery and equipment.

Russianow ranks 23rd among countries and territories investing in Vietnamwith 116 projects worth a total of 990 billion USD, mostly in oil and gas,manufacturing, mining, transportation, telecommunications, and aquaculture.

Vietnamcurrently invests in 22 projects worth nearly 3 billion USD in Russia,predominantly in Rusvietpetro and Gazpromviet oil and gas ventures, Hanoi –Moscow cultural-trade centre, TH True Milk’s milch farming and agriculture,among others.

Asenergy brings significant revenues to the two State budgets, Rusvietpetro,Vietgazprom and Gazpromviet ventures were established to expand oil and gasprojects in Vietnam, Russia and the third countries, apart from Vietsovpetro.

Oncultural exchange, Cultural Days in Vietnam and Russia are held annually andalternately. Russia remains among the top 10 sources of tourist arrivals inVietnam. The number of Russian tourists soared from 176,000 in 2012 to 300,000in 2013, 364,000 in 2014, 340,000 in 2015, 430,000 in 2016 and 570,000 in 2017.

Inthe past, Russia offered training courses to nearly 40,000 Vietnamese officialsand experts in diverse areas. In 2011, Russia provided 345 tertiary andpost-tertiary scholarships for Vietnamese students, which rose to 400 in 2012and 70 others for nuclear experts, 600 ones in 2014, 795 in 2015, 855 in 2016and 953 in 2017. More than 5,000 Vietnamese students are studying in Russia.

Bothsides conducted about 60 research and technological transfer projects whilejoint work at the Vietnam – Russia Tropical Centre have brought about positiveoutcomes.

Thetwo countries’ localities established cooperative ties, especially betweenHanoi, Ho Chi Minh City and Moscow, Saint Petersburg. In November 2013, theHanoi – Moscow Centre for Culture, Trade and Hotel was inaugurated in Moscow.

About60,000 – 80,000 Vietnamese nationals have been living and working in Russia fornearly two decades, contributing to the host country’s development.

Since1991, over 100 cooperation documents were signed in the fields of economy,trade, investment, oil and gas, nuclear power, education-training, science andculture, and military technology.

Vietnam has attached importance to stepping up its comprehensive strategicpartnership with Russia in a result-oriented, sustainable and efficientmanner.-VNA
VNA

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