Sunday , October 2 2022

Russia foreign minister visits Vietnam

Russia’s Minister of Foreign Affairs Sergey Lavrov will visit Vietnam on Jul. 5 and 6 at the invitation of his Vietnamese counterpart Bui Thanh Son.

His visit takes place at a time when the two nations mark the 10th year of establishing comprehensive strategic partnership, Vietnam’s Ministry of Foreign Affairs said in a statement.

Vietnam and Russia established diplomatic relations in 1950 and elevated it to strategic partnership in 2001. Eleven years later, the two countries became comprehensive strategic partners.

Relations between the two countries have so far been strengthened through the exchange of delegations and bilateral meetings at different levels.

Vietnam and Russia’s bilateral trade turnover reached $4.85 billion in 2020, up 9 percent compared to 2019.

In 2021, the import-export turnover increased by more than 25 percent against 2020 to $7.1 billion. Russia currently has 151 projects with a total registered investment capital of more than $950 million in Vietnam.

During his official visit to Russia from Nov. 29 to Dec. 2 last year, President Nguyen Xuan Phuc joined Russian President Vladimir Putin to issue a joint statement on the vision of the comprehensive strategic partnership between Vietnam and Russia until 2030, which aims to have the two nations cooperate in all fields.

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