Russia Enters Into Landmark Joint Strategic Program With Vietnam Worth $10 Billion

President of Vietnam Tran Dai Quang with President Of The Russian Federation Vladimir Putin June 2017

MOSCOW (Sputnik) – Russia and Vietnam have agreed on more than 20 high-profile joint investment programs worth around $10 billion, Russian President Vladimir Putin said Thursday following a bilateral meeting with Vietnamese counterpart Tran Dai Quang in Moscow.

“Over 20 major joint investment programs were agreed upon, totaling around $10 billion,” Putin said.

President Of Russia ~ Russian-Vietnamese talks

The Vietnamese leader arrived on an official visit to Moscow Wednesday and had a meeting with Russian parliament’s upper house speaker Valentina Matvienko, which was devoted to the development of parliamentary cooperation. The visit is expected to last until July 1.

The relations between Moscow and Hanoi have been developing as the latter is one of the biggest consumers of Russian military equipment. Vietnam signed a free trade agreement with the Eurasian Economic Union (EAEU) on May 29, 2015.

Sputnik

Russian, Chinese Firms to Ink Deals Worth $10Bln During Xi’s Visit

BEIJING(Sputnik) — Russian and Chinese companies plan to sign dozens of deals worth over $10 billion during President Xi Jinping’s visit to Moscow next week, Assistant Foreign Minister Li Huilai said Thursday.

 

 

Sputnik

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