The Vietnam–Russia Federation Business Forum took place in Moscow on March 24 in the presence of Prime Minister Pham Minh Chinh, as part of his official visit to the European country.
The event brought together 220 delegates representing 120 leading enterprises from both countries.
Participants were briefed on the business environments in Vietnam and Russia, as well as their respective investment potential and priority projects. Discussions also focused on opportunities and challenges in bilateral cooperation, with proposed solutions aimed at strengthening ties in key sectors such as energy, telecommunications, banking and finance, agriculture, tourism, industry, construction, and real estate.
Addressing the forum, Prime Minister Chinh urged businesses from both countries to intensify dialogue and actively explore new investment opportunities. He expressed confidence that, building on strong political and diplomatic relations, the two sides will implement more concrete joint projects in the near future.
Bilateral trade reached $4.77 billion in 2025. Russia currently has 199 investment projects in Vietnam with total registered capital of $990 million, ranking 26th among 147 countries and territories investing in the Southeast Asian nation. Meanwhile, Vietnam has 16 projects in Russia worth $1.6 billion.
At the forum, businesses from both countries signed four cooperation agreements covering oil and gas, maritime transport, railways, and logistics.- (VN
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