Vietnam and Russia Sign 11 Cooperation Agreements

Russian President Vladimir Putin in Vietnam, June 20, 2024. Photo: X/ @runews

June 20, 2024 Hour: 8:01 am

Presidents Vladimir Putin and To Lam signed deals on education, science, technology, nuclear energy, and disease prevention.

On Thursday, Vietnam and Russia signed eleven cooperation agreements and issued a joint declaration committing to deepen their historical relationship.

At the Presidential Palace in Hanoi, Russian President Vladimir Putin and Vietnamese President To Lam signed agreements on issues related to education, science, technology, nuclear energy, and disease prevention. They also signed a memorandum of understanding for cooperation between the state-owned company Petrovietnam and Novatek, Russia’s largest independent natural gas producer.

According to an article published by Putin in the Vietnamese Communist Party newspaper regarding his visit, Novatek plans gas projects in the Asian country, while the state nuclear corporation Rosatom intends to create a center for nuclear energy and technologies.

The presidents signed another agreement between the asset manager Vietnam Partners Investment Management (BVIM) and the Russian Direct Investment Fund, a sovereign investment fund established by Moscow in 2011.

???????????????? Putin llega a Vietnam en una visita de Estado
Recibido con una alfombra roja y guardía de honor.
Se espera una declaración conjunta y la firma de varios documentos bilaterales por ambos dirigentes#LaHabanaViveEnMí #LaHabanaDeTodos @IzquierdoAlons1 @YanetHzP @BrunoRguezP pic.twitter.com/KHaQilQwYQ
— Aymara Guzmán Carrazana (@Aymara79678346) June 20, 2024

The text reads, “Putin arrives in Vietnam on a state visit. He is received with a red carpet and guard of honor. A joint declaration and the signing of several bilateral documents by both leaders are expected.”

President To Lam also announced the signing of a joint declaration to “deepen” the existing strategic cooperation relationship between the two countries, without providing further details at the moment.

“I firmly believe that with the success of President Putin’s visit to Vietnam and the determination of our leaders, relations between the two countries will continue to strengthen in the future,” he said.

After visiting North Korea, Putin arrived in Vietnam accompanied by Foreign Minister Sergey Lavrov, Energy Minister Sergey Tsivilyov, Deputy Defense Minister Alexander Fomin, and the director of the federal agency for military-technical cooperation, Alexander Mikheev.

On Thursday, the Russian leader met with the secretary of the Communist Party of Vietnam, Nguyen Phu Trong, the most powerful man in the country. Putin is also scheduled to attend a banquet in his honor before departing the Asian country at 8:30 PM local time.