Infographic: Overview of Viet Nam-Russia relations
VGP – President Nguyen Xuan Phuc will make an official visit to Russia from November 29 to December 2 at the invitation of Russian President Vladimir Putin.
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The bilateral political relationship has been continuously consolidated, reflected through the regular exchange of high-level delegations.
The two countries have maintained many coordination and dialogue mechanisms such as the annual Diplomatic-Defense-Security Strategic Dialogue at the permanent deputy foreign ministerial level, and the Defense Strategic Dialogue at the deputy defense ministerial level, and regular political consultations at the deputy foreign ministerial level.
The two sides have closely coordinated and supported each other at international forums as well.
Russia supports Viet Nam’s stance on settling disputes in the East Sea via peaceful means, without using force or threatening to use force, on the basis of international law, the 1982 United Nations Convention on the Law of the Sea (UNCLOS), the Declaration on the Conduct of Parties in the East Sea (DOC), and working towards the early completion of a Code of Conduct in the East Sea (COC).
Economic and trade cooperation between the two countries has also been developed dynamically in recent years, with the two-way trade turnover reaching US$ 4.85 billion in 2020 and US$ 4.46 billion in the first ten months of 2021.
As of November 20, 2021, Russian had ranked 26th among countries and territories investing in Viet Nam with 151 projects worth US$ 953.75 million./.
By Khanh Phuong
