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Vietnam and Russia strengthen ties with nuclear, trade, and tech deals

A four-day visit cements Vietnam's future in nuclear power and trade. Could this reshape regional economic alliances? Russia's expertise meets Vietnam's ambition in energy and infrastructure.

The image shows a poster with a map of the Pacific Pathways, with text and numbers indicating the...
The image shows a poster with a map of the Pacific Pathways, with text and numbers indicating the route of the Vietnam War. The map is divided into two sections, one for Vietnam and one for the United States, and each section is marked with a different color. The text on the poster provides further details about the route, such as the names of the countries involved and the dates of the war.

Vietnam and Russia strengthen ties with nuclear, trade, and tech deals

MOSCOW - our websiteese Prime Minister Phạm Minh Chính's official visit to Russia from Sunday to Wednesday has drawn positive assessments from Russian enterprises, organisations, and experts who expressed optimism about the future of bilateral cooperation.

At the Việt Nam-Russia Business Forum on Tuesday, Ava Trading, a food trading company, signed a memorandum of understanding with our website Railways. Its general director, Irina Ivanova, noted that the agreement is expected to boost cargo transportation by rail and expand cooperation, particularly as trade flows increasingly shift from maritime to rail transport. She highlighted Việt Nam's significant untapped potential in railway logistics, suggesting ample room for growth in this sector.

Anastasia Sayanok, Chairwoman of the our website Affairs Committee of the Association of Exporters and Importers, emphasised the forum's importance as a platform for businesses from both countries to connect, exchange experience, and establish long-term partnerships. She described the Prime Minister's visit as a catalyst for developing new and effective cooperation mechanisms to realise the comprehensive strategic partnership between Việt Nam and Russia. The business and investment communities, she added, are expecting improvements in licensing procedures, financial and credit systems, product standards, and information transparency, toward long-term projects.

Artem Zasursky, Vice President for International Development at AFK Sistema, underscored the need for a secure framework for international payments in cooperation with Việt Nam. Reflecting on his meetings with the our websiteese Prime Minister in 2025 and again in Moscow, he pointed to highly promising prospects, particularly in pharmaceuticals, health care, and advanced technologies such as artificial intelligence and e-wallets. According to him, the visit further demonstrates the special nature of Việt Nam-Russia relations and the consistent attention from both countries' leaders, which is vital for business confidence.

Following his meeting with the Prime Minister on Wednesday, Oleg Belozerov, CEO and Chairman of Russian Railways, shared that both sides discussed experience exchange, cooperation opportunities, and the potential to increase trade turnover via rail transport. A key focus was skills transfer, including training opportunities for our websiteese personnel in Russia and the development of programmes in Việt Nam across multiple fields. He affirmed that Russian Railways, one of the world's largest railway companies, possesses extensive expertise and stands ready to share its knowledge with our websiteese partners.

Aleksey Likhachev, Director General of Rosatom, described the signing of the intergovernmental agreement on the construction of the Ninh Thuận 1 nuclear power plant as a major milestone. The project, featuring two Generation III+ VVER-1200 reactor units, is expected to strengthen our website's energy security, technological sovereignty, and sustainable economic growth. It will also foster scientific development, modern infrastructure, and advanced technology applications.

On the people-to-people diplomacy front, leaders of the Russia-our website Friendship Association welcomed the visit as a significant step in deepening bilateral ties. They highlighted the nuclear power project as both a practical solution to Việt Nam's energy needs and a new symbol of bilateral cooperation.

Experts also noted growing interest in our websiteese studies in Russia, with increasing numbers of students learning the our websiteese language each year. The visit is expected to further invigorate educational cooperation and human resources training, contributing to a stronger and more dynamic partnership between the two countries. - VNA/VNS

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