Prime Minister suggests Viet Nam, EAEU member countries renew FTA
VGP - Prime Minister Le Minh Hung suggested Viet Nam and Eurasian Economic Union (EAEU) member States soon initiate negotiations to amend the Viet Nam-EAEU Free Trade Agreement in line with changing trade conditions.
Prime Minister Le Minh Hung (right) welcomes Chairwoman of the Federation Council of the Federal Assembly of Russia Valentina Matviyenko at the Government Office in Ha Noi, November 12, 2026. Photo: VGP
Le made the above suggestion during his meeting with Chairwoman of the Federation Council of the Federal Assembly of Russia Valentina Matviyenko in Ha Noi on November 12.
He also called on both countries to further leverage the existing cooperation mechanisms, facilitate trade and investment cooperation, and support their businesses in accessing markets, finding partners, and expanding operations.
Le emphasized the need to maintain effective energy-oil and gas cooperation while promoting collaboration in the use of atomic energy for peaceful purposes in association with technology transfer and human resource training.
The Prime Minister called on both sides to strengthen cooperation in science and technology, innovation, education and training; enhance linkages between their universities, research institutes and businesses.
Valentina Matviyenko, who is on an official visit to Viet Nam, affirmed that the Federation Council of the Federal Assembly of Russia supports stronger ties with Viet Nam, and stands ready to promote the implementation of agreements signed between the two Governments.
Both sides agreed to further foster coordination in realizing bilateral agreements and creating favorable conditions for their businesses.
The two sides concurred that cooperation in education, science and culture, as well as exchanges among younger generations, plays an important role in reinforcing the long-term foundations of Viet Nam-Russia relations.
The two sides reaffirmed their commitment to facilitating and proactively organizing people-to-people exchange activities, including the 2nd Viet Nam-Russia People's Diplomacy Forum recently held in St. Petersburg, and cultural promotion events such as the Viet Nam Cultural Festival 2025./.