A Playful Partnership: Russia Meets Vietnam at the BRICS Summit
A recent meeting between Russian Deputy PM Alexander Novak and Vietnamese PM Pham Minh Chinh at the BRICS summit highlighted discussions on energy collaboration, tourism, and increasing trade relations. With significant growth in exports and tourism, both countries are building a solid partnership across various sectors.
Deputy Prime Minister of Russia, Alexander Novak, had a friendly chat with Vietnam’s Prime Minister, Pham Minh Chinh, at the BRICS summit in Kazan. They dove deep into discussions on energy collaboration, including oil and gas, renewable energy, agriculture, tourism, finance, culture, and of course, education—the modern-day buffet of bilateral ties! In the energy sector, they explored the future of the joint venture, Vietsovpetro, and its role in new shelf development projects. They also discussed building a nuclear science center in Vietnam, with Russia proffering its expertise for large power plants, as well as small floating reactors—because who doesn’t love a good reactor? Trade between Russia and Vietnam is booming, with a whopping 8.3% increase last year and a staggering 21.5% jump in the first half of 2024! Russia’s got a talent show of exports, featuring hydrocarbons, metals, and even fertilizers, while Vietnam’s bringing the electronic goods, textiles, and delicious food to the stage. Tourism is soaring too! In 2023, approximately 125,000 Russians basked under the Vietnamese sun, and 2024 is already showing an 80% increase in Russian tourists. Talks about more direct flights are underway. So, buckle up, folks! “We hope for your assistance in promoting the Russian language in Vietnam… we plan to create a regional center for studying Russian in Southeast Asia.” – Alexander Novak. That’s right, everyone! Russian is the new cool kid on the language block! This meeting highlights the growing partnership between Russia and Vietnam in various sectors, from energy collaboration to tourism. With increasing trade flows and a commitment to educational exchange, these two countries are on an exciting journey together, proving that friendship knows no borders—or time zones!
In recent years, Russia and Vietnam have been strengthening their ties through various collaborative efforts across multiple sectors. Energy cooperation is a focal point, with projects aimed at enhancing their capabilities in oil, gas, and nuclear technologies. Moreover, trade relations have seen impressive growth, reflecting mutual interests that benefit both economies. Cultural exchanges and tourism have also been on the rise, showcasing a robust relationship built on strategic partnerships and shared goals.
The meeting between Alexander Novak and Pham Minh Chinh underscores a thrilling chapter in Russian-Vietnamese relations. With escalating trade, burgeoning tourism, and ambitious energy projects on the horizon, both nations are set to hit the ground running towards a vibrant future together. Not only are they trading goods and services, but they’re also exchanging ideas and culture, proving that friendship is indeed the best currency.
Original Source: government.ru
