Video meeting discusses Vietnam-Russia economic ties amid COVID-19
The Russian Academy of Sciences (RAN) and Vietnam’s National University of Economics (NEU) hosted a video conference on June 4 to discuss the Vietnam-Russia economic relations amid new challenges.
A video conference is held on June 4 to discuss the Vietnam-Russia economic relations amid new challenges. (Photo: VNA)
Moscow(VNA) – The Russian Academy of Sciences (RAN) and Vietnam’s National Universityof Economics (NEU) hosted a video conference on June 4 to discuss theVietnam-Russia economic relations amid new challenges.
The event,which marked the Vietnam Year in Russia and Russia Year in Vietnam, was attended by Chairman of the VietnamNational Committee for the Pacific Economic Cooperation Council (PECC) VoTri Thanh and experts fromministries and governmental agencies as well as leading universities andacademies from both sides.
In her openingremarks, Dr. Elena Lenchuk, head of the RAN’s institute of economy, said theevent aims to mark the 70th anniversary of the two nations’ diplomatic ties.
She spokehighly of the close cooperation between Vietnam and Russia, saying against thebackdrop of globlisation and new global challenges, Russia is interested instrengthening relations with the Asia-Pacific, particularly Vietnam which hasseen robust economic growths in recent years.
A total of 14presentations were delivered throughout three sessions of the event. The firstsession reviewed the main trends in the trade and investment cooperationbetween Vietnam and Russia over the last decade (2010 – 2020), the seconddiscussed the bilateral relations which are being challenged by the COVID-19pandemic, and the third wason declining global oil prices andthe energy cooperation between the two sides./.
Deputy Prime Minister and Foreign Minister Pham Binh Minh held a phone talk with Russian Foreign Minister Sergei Lavrov on May 29 on ways to strengthen bilateral cooperation and the two countries’ coordination at the UN Security Council.
The State Museum of Oriental Art of Russia organised a Vietnam Week from May 25-31 on its Instagram page to introduce the most typical among objects displayed at its Vietnam Space.
The Vietnamese Government has sent medical masks to the Vietnamese community in central Russia to help them cope with complicated developments of the COVID-19 pandemic in Russia.
Viet Van, a photojournalist of Lao Dong (Labour) Newspaper, has won an Honorable Mention at the Moscow International Foto Awards 2020 for the Fine Art category.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.