According to TASS news agency reported on the 23rd, Russian Prime Minister Mishustin in Moscow the same day with the visiting Vietnamese Prime Minister Pham Myung Thanh held talks.
Mishustin said that Russia attaches great importance to bilateral comprehensive strategic partnership and expanding bilateral economic and trade cooperation. Both sides are committed to creating favorable conditions for investment growth in the two countries and launching new projects in industries such as industry and energy. Oil and gas companies from both countries have signed agreements that will effectively promote the implementation of oil and gas field development projects on both sides. The two sides signed an intergovernmental agreement on the construction of Vietnam’s first nuclear power plant after talks on the same day.
According to the Vietnam news agency reported that Pham Myung Thanh’s visit from 22 to 25, this is the first time this year, a senior Vietnamese leader to visit Russia. During the visit, Pham will also meet with Russian President Vladimir Putin. The two sides will explore ways to strengthen vietnam-russia relations, especially expanding cooperation in the fields of nuclear power and oil and gas. The visit“Will open up new opportunities for bilateral trade to reach a higher level,” the report said. Vietnam’s deputy foreign minister Le Thi Thi Thong said the visit will inject new impetus into the consolidation of vietnam-russia comprehensive strategic partnership.
Russia’s“Leader” website said that in the Middle East War intensified global energy tension, Vietnam is facing the background of the fuel crisis, Pham Ming Zheng visit to seek to reach an energy agreement with Russia, in order to further strengthen relations with Russia. The surge in global fuel prices since the US and Israel launched military strikes against Iran in late February has raised fears of fuel shortages, AFP said. Recently, Fan Mingzheng has talked to the leaders of Qatar, Kuwait, Algeria and other countries for fuel support.
Itar-tass noted that despite uncertainties in the global economic and geopolitical environment, Russia remains one of Vietnam’s important economic partners, especially in the industrial and energy sectors, at the same time, bilateral trade volume has also maintained a steady growth momentum. In 2025, bilateral trade volume reached about 4.77 billion dollars, up 4 percent from 2024. Vietnam mainly imports energy and industrial raw materials from Russia, and exports to Russia mainly textiles, coffee and seafood.