This is Mishustin’s first official visit to Vietnam, underscoring Russia’s strong emphasis on its relationship with the Southeast Asian nation.
The visit takes place at a time when the two countries are celebrating the 75th anniversary of diplomatic relations (January 30, 1950 - 2025), aiming to strengthen and deepen the Comprehensive Strategic Partnership between Vietnam and Russia.
Over the past 75 years, the traditional friendship between Vietnam and Russia has been continuously strengthened, through regular delegation exchanges and implementation of cooperation mechanisms.
Vietnam identifies its relationship with Russia as strategically significant, considering Russia a top partner in its foreign policy.
In turn, Russia regards Vietnam as a trusted partner and one of its highest priorities in its foreign policy in the Asia-Pacific region.
Economic and trade relations between Vietnam and Russia are gradually recovering momentum, with their two-way trade turnover reaching US$3.63 billion in 2023, and growing to US$4.1 billion in the first 11 months of 2024, marking a year-on-year rise of 27.4%.
Russia has so far had 199 investment projects in Vietnam with a total registered capital of approximately US$990 million, ranking 26th out of 147 countries and territories investing in the country.
Meanwhile, Vietnam has had 16 active investment projects valued at US$1.6 billion in Russia, making it the fourth largest destination among the 81 countries and territories where Vietnam has investments.
The two countries have also enhanced their cooperation in education-training and science-technology, culture, sports and tourism.
Building on these achievements, Mishustin’s visit aims to advance the major directions, with a particular focus on implementing joint projects in energy, transportation, industry, and agriculture.
Từ khóa: Russia, Russian Prime Minister, Mikhail Vladimirovich Mishustin, Vietnamese Prime Minister Pham Minh Chinh, Vietnam - Russia cooperation