Vietnam, Russia expand cooperation in energy. (Photo:
So said Alexey Popov, consul general of the Russian Federation in Ho Chi Minh city, during a press conference about the development of the Russia - Vietnam relations in 2016, held on February 9th.

Identifying 2017 as a year for dynamic and effective development of Russia - Vietnam relations, Mr. Alexey Popov said that the dialogues between the two countries’ leaders during international meetings or high-ranking visits will create an important impetus for promoting the comprehensive partnership between the two countries.

In addition, sectors and localities from the two countries will expand cooperative programs in terms of fuel - energy, culture, tourism, investment and trade, contributing to reinforcing and developing the cooperative relations between the two countries, according to Mr. Alexey Popov.

The assessment of the Russian Federation’s consulate general in Ho Chi Minh city showed that in the complex development of the international situation, Vietnam - Russia relations were reported good in 2016, especially in politics, economics, trade, military technology, culture and society.

The two countries conducted high-ranking exchanges and cooperated and supported each other in international forums, which helped reinforce and deepen the good political relationship between the two countries.

In addition, the cooperation in energy, oil and gas and military technology has been strengthened, gaining active and effective achievements.

In economics cooperation, the bilateral turnover in the first 11 months of 2016 reached USD3.5 billion, a year-on-year increase of 16.4%. The two countries are looking towards bilateral trade turnover of USD10 billion by 2020./.

Compiled by BTA