Customs creates maximum facilitation for agricultural exports Goods imported from export processing enterprises must pay tax Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Russia’s look east policy suits regional countries’ interests: Vietnam official

21:19 | 04/09/2019 Headlines Follow english.haiquanonline.com.vn on
As a Eurasian economic powerhouse, Russia’s look east policy is in line with the interests of regional countries, including Vietnam, said a Vietnamese official at a seminar on September 4 as part of the ongoing 5th Eastern Economic Forum (EEF) in Russia.
russias look east policy suits regional countries interests vietnam official

Deputy Foreign Minister To Anh Dung (centre) at the seminar (Photo: VNA)

Deputy Foreign Minister To Anh Dung stated the policy, which focuses on promoting global integration and encouraging nations to join free trade agreements with the Eurasian Economic Union (EAEU), reflects Russia’s efforts to boost trade liberalization, serving its social-economic development and at the same time being in line with regional country’s interests.

He believed Russia and its partners will obtain practical results in contribution to peace, stability and prosperity in the region and in the world.

The official pointed to similarities in economic development directions of Vietnam and Russia, which prioritise technological development, free trade and high-quality investment.

He highlighted the significant achievement in the two pillars of the two countries’ economic cooperation which are oil & gas – energy and trade. Bilateral oil & gas joint ventures like Vietsovpetro, Rusvietpetro, and Gazpromviet are operating effectively in the territories and continental shelves of Vietnam and Russia, while bilateral trade surged after the signing of the EAEU – Vietnam Free Trade Agreement in 2015, reaching 4.5 billion USD in 2018.

He suggested both nations make oil & gas – energy a traditional and long-term strategic sector in a bid to realise their goal of reaching 10 billion USD in bilateral trade in 2020.

Vietnam is willing to supply skilled labourers for and export agro-forestry-fishery and consumer products to the Far East, Dung affirmed.

In an interview with the Vietnam News Agency, Andrey Bystritsky, Chairman of the Valdai Discussion Club, said Vietnam plays an important role in Russia’s look east policy, which benefits both sides.

The Vietnamese delegation to the 5th EEF is led by Deputy Prime Minister Trinh Dinh Dung. The forum opened in Russia’s Vlapostok on September 4, drawing the participation of around 8,000 delegates from more than 50 countries worldwide.

Source: VNA
Tags:
russia policy interests Vietnam

Related News

Vietnam ready to export first batch of sweet potatoes to China

Vietnam ready to export first batch of sweet potatoes to China

13:57 | 06/04/2023 Anti-Smuggling

Vietnam’s 70 sweet potato cultivation areas and 13 packaging facilities have been licenced to export to China, reported the Ministry of Agriculture and Rural Development (MARD)’s Plant Protection Department.
Australian Governor-General wraps up State visit to Vietnam

Australian Governor-General wraps up State visit to Vietnam

13:53 | 06/04/2023 Headlines

Australian Governor-General David Hurley, his spouse and the Australian delegation left Ho Chi Minh City on April 6, wrapping up his State visit to Vietnam from April 3-6.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

16:12 | 05/04/2023 Import-Export

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Vietnam active at UN Human Rights Council’s 52nd session

Vietnam active at UN Human Rights Council’s 52nd session

16:11 | 05/04/2023 Headlines

The Vietnamese delegation, led by Deputy Prime Minister Tran Luu Quang, made active contributions to the agenda of the 52nd regular session of the UN Human Rights Council (UNHRC) that concluded in Geneva on April 4.

Latest News

Private sector remains driving force for economy

Private sector remains driving force for economy

14:11 | 03/04/2023 Headlines

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.
State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert

State visit to Vietnam by Australian Governor-General to deepen the two’s goodwill, trust: expert

14:10 | 03/04/2023 Headlines

The State visit to Vietnam by Australian Governor-General David Hurley at an invitation of President Vo Van Thuong will deepen the goodwill and trust for the mutual benefit of both countries, said Dr Suiwah Leung, Honourary Associate Professor at the Australian National University’s Crawford School of Public Policy.
Vietnam"s economy to grow by 6.6% this year: OECD

Vietnam"s economy to grow by 6.6% this year: OECD

17:45 | 02/04/2023 Headlines

Vietnam's economy will grow by 6.6% this year and at a similar rate in 2024, according to a report released on March 31 by the Organisation for Economic Co-operation and Development (OECD).
Bright outlook for Vietnamese tourism in new situation

Bright outlook for Vietnamese tourism in new situation

16:52 | 02/04/2023 Headlines

Vietnam’s tourism holds a lot of potential for development, especially in the context of new favourable factors, according to an article published on the website of Lianhe Zaobao newspaper.

More News

Vietnam, US hold 12th Political, Security, Defence Dialogue

Vietnam, US hold 12th Political, Security, Defence Dialogue

20:25 | 01/04/2023 Headlines

The 12th Vietnam-US Political, Security and Defence Dialogue was held in Washington D.C on March 30 under the co-chair of Vietnamese Deputy Minister of Foreign Affairs Ha Kim Ngoc and US Assistant Secretary of State for Political-Military Affairs Jessica Lewis.
Vietnam calls for comprehensive, all-society approach to waste management

Vietnam calls for comprehensive, all-society approach to waste management

14:32 | 31/03/2023 Headlines

Minister Counselor Le Thi Minh Thoa, Deputy Permanent Representative of Vietnam to the United Nations, has called for a comprehensive and all-society approach to sustainable waste management.
Many factors support foreign capital flow

Many factors support foreign capital flow

13:40 | 30/03/2023 Headlines

Many factors are expected to draw cash flow back to the stock market, especially that from foreign investors.
Foreign SMEs pour capital into Vietnam

Foreign SMEs pour capital into Vietnam

13:37 | 30/03/2023 Headlines

Foreign small- and medium-sized enterprises (SMEs) are paying much attention to Vietnam, given the fact that the number of under-1-million USD projects accounted for nearly 70% of the total number of foreign-invested projects registered in Vietnam in the first three months of this year.
Leaders of aviation firms to be disciplined if employees committed wrongdoings

Leaders of aviation firms to be disciplined if employees committed wrongdoings

15:38 | 29/03/2023 Headlines

The Civil Aviation Administration of Vietnam (CAAV) has just released Directive 1480 on enhancing smuggling and commercial fraud prevention among aviation employees.
Vietnam - Lao joint border patrol held

Vietnam - Lao joint border patrol held

15:31 | 29/03/2023 Headlines

Border guards in the northern province of Dien Bien and Lao province of Luang Prabang have conducted a joint patrol along the shared border.
CPI increases about 4.2% in first quarter

CPI increases about 4.2% in first quarter

14:27 | 28/03/2023 Headlines

The consumer price index (CPI) in the first quarter of 2023 is estimated to rise 4.2-2.3% year on year, according to the Price Management Department under the Ministry of Finance.
PM orders close coordination to remove obstables to property market

PM orders close coordination to remove obstables to property market

14:20 | 28/03/2023 Headlines

Prime Minister Pham Minh Chinh has just signed a document requesting more efforts to promote the development of and remove obstacles to the real estate market.
PM chairs Government meeting on law building

PM chairs Government meeting on law building

15:46 | 27/03/2023 Headlines

The Government convened a thematic meeting on law building under the chair of Prime Minister Pham Minh Chinh in Hanoi on March 27.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Australian Governor-General wraps up State visit to Vietnam

Australian Governor-General wraps up State visit to Vietnam

13:53 | 06/04/2023 Headlines

Australian Governor-General David Hurley, his spouse and the Australian delegation left Ho Chi Minh City on April 6, wrapping up his State visit to Vietnam from April 3-6.
Vietnam active at UN Human Rights Council’s 52nd session

Vietnam active at UN Human Rights Council’s 52nd session

16:11 | 05/04/2023 Headlines

The Vietnamese delegation, led by Deputy Prime Minister Tran Luu Quang, made active contributions to the agenda of the 52nd regular session of the UN Human Rights Council (UNHRC) that concluded in Geneva on April 4.
Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM

Vietnam commits to building prosperous, fair, healthy Mekong River basin: PM

16:09 | 05/04/2023 Headlines

Prime Minister Pham Minh Chinh affirmed Vietnam’s commitment to cooperation in building a prosperous, fair and healthy Mekong river basin while addressing the fourth Mekong River Commission (MRC) Summit in Vientiane, Laos on April 5.
Việt Nam, US hold 12th political, security, defence dialogue

Việt Nam, US hold 12th political, security, defence dialogue

14:15 | 03/04/2023 Headlines

They shared their determination to maintain cooperation in clearing mines and explosives, decontaminating dioxin, supporting war-affected people in Việt Nam.
Private sector remains driving force for economy

Private sector remains driving force for economy

14:11 | 03/04/2023 Headlines

The private business sector has been an important driving force of the economy and is expected to raise GDP contribution to 55% by 2025, a top economist told the second Private Economic Forum 2023 in Hanoi on April 2.
Mobile Version