Vietnam, Russia discuss prioritised investment projects amid COVID-19

Vietnamese Deputy Minister of Industry and Trade Hoang Quoc Vuong and Russian Deputy Minister of Economic Development Vladimir Ilichev co-chaired a teleconference of the Vietnam-Russia Senior Working Group on prioritised investment projects on August 31.

The Russian delegation at the event (Photo: Russia's Ministry of Economic Development)

Moscow (VNA) - VietnameseDeputy Minister of Industry and Trade Hoang Quoc Vuong and Russian DeputyMinister of Economic Development Vladimir Ilichev co-chaired a teleconference ofthe Vietnam-Russia Senior Working Group on prioritised investment projects onAugust 31.

The two sides discussed the implementationof joint investment projects in the priority list, including the constructionof a centre for nuclear science and technology in Vietnam, the establishment ofauto manufacturing joint ventures and Russian firms’ participation ine-government development in the country.

They also touched upon cooperationprospects in new fields and the possibility of carrying out approved projects.

The Russian side put forward ideas relatedto projects in waste treatment, digital technology and pharmaceutical chemistry,public security, electrical energy and power lines.

Ilichev also called for Vietnam’s supportfor the initiatives to arrange an online Mathematical Olympiad for students BRICSnations, which is set to be launched on Russia’s Uchi.ru education platform.

Vietnamese students have taken part in theevent since April, according to the Ministry of Economic Development of Russia.

At the event, delegates also discussedcooperation in curbing the spread of SARS-CoV-2 that causes COVID-19,particularly the supply and production of Russia’s vaccine against COVID-19 inVietnam.

Data from Russian authorities showed thatdespite the pandemic, two-way trade rose 4.7 percent to 2.3 billion USD in thefirst half of 2020. Russia’s exports to Vietnam surged 43 percent to 682million USD, primarily foodstuff, machinery and metal.

The Vietnam-Russia Senior Working Group onprioritised investment projects was set up in accordance with a joint statementsigned in 2012 during Russian Prime Minister Dmitry Medvedev’s official visitto Vietnam./.

VNA

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