Vietnam Today

Vietnam is entering a new stage of development, aiming to become a developed, high-income country by 2045, with a focus on promoting science and technology, innovation, strengthening economic resilience, and improving the quality of national governance.

Vietnam welcomes foreign-invested enterprises, including Samsung, to actively participate in discussions, share experiences, and provide input to improve policies and laws.

General Secretary of the Communist Party of Vietnam Central Committee and President To Lam and Russian Prime Minister Mikhail Mishustin agreed to study the establishment of new cooperation mechanisms and specialised working groups in various fields, and pledged to encourage businesses from both countries to expand their operations in each other’s markets.

While receiving Russian Presidential Aide and Chairman of the Maritime Board Nikolai Patrushev in Moscow on September 8, General Secretary and President To Lam affirmed that the Party and State of Vietnam consistently regard Russia as an important and reliable partner and a top priority in Vietnam’s foreign policy and development strategy.

Vietnam, RoK aim to raise bilateral trade turnover to $100 billion by 2026 and toward $150 billion by 2030 in a balanced and sustainable manner.

According to the Vietnam Coffee-Cocoa Association (VICOFA), the country's total coffee area reached over 720,000 hectares in 2023, with Robusta making up about 95%.