Prime Minister Nguyen Xuan Phuc on May 17 called at Zarubezhneft – one of Russia’s leading oil and gas groups during his ongoing Russia visit from May 16-20.
Moscow (VNA) – Prime Minister Nguyen Xuan Phuc on May💯 17 called at Zarubezhneft – one of Russia’s le🥃ading oil and gas groups during his ongoing Russia visit from May 16-20.
In his welcome speech, Zarubezhneft General Director Sergey Kudryashov thanked the Vietnamese government for its support over the past number of years and pledged to boost ties with Vietnamese partners in the future.
The PM spoke highly of the effective cooperation between the Vietnam National Oil and Gas Group (PetroVietnam) and Zarubezhneft, evidenced by the operation of their joint ventures Vietsovpetro and Rusvietpetro, considering it a vivid symbol of the Vietnam-Russia comprehensive strategic partnership.
The Vietnamese government always provides all possible support for sustainable, long-term and mutually-beneficial collaboration between the two countries, as well as between PetroVietnam and Zarubezhneft in particular, he stated.
In such spirit, he expressed his support to firms which study and expand the exploration of oil and gas in the two countries or the third country.
The guest also suggested seeking new forms of cooperation, especially in processing petrol products, manufacturing engine fuels and applying green technologies.
Talking with Zarubezhneft engineers and workers, the PM believed that on the back of the long-standing and close friendship between Vietnam and Russia, PetroVietnam - Zarubezhneft cooperation will further progress in the foreseeable future.
The Vietnamese leader is scheduled to visit Gazprom oil and gas group and hold a meeting with Speaker of the Federation Council Valentina Matviyenko the same day.-VNA
Vietnamese Prime Minister Nguyen Xuan Phuc and his Russian counterpart Dmitry Medvedev emphasised the resolve to enhance the countries’ comprehensive strategic partnership during talks in Moscow.
Prime Minister Nguyen Xuan Phuc emphasised the warm and trustworthy relationship between Vietnam and the Soviet Union in the past and Russia at present.
Vietnam and Russia set to increase two-way trade through implementing investment projects and articles of the free trade agreement between Vietnam and the Eurasian Economic Union (EAEU).
PM Nguyen Xuan Phuc asked the Vietnamese and Russian legislative bodies to enhance cooperation in the international arena while meeting with Speaker of Russia’s State Duma Sergei Naryshkin on May 17.
An insignia was presented to the Director of the Russian Centre of Science and Culture in Hanoi on May 17 to recognise her efforts in fostering cooperation between Vietnam and Russia.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
During the meeting (Source: VNA)
