Vietnam Airlines and Russia's VTB Bank ink cooperation deal
The deal opening up new opportunities to boost aviation and finance cooperation between Vietnam and Russia.

Vietnam Airlines and Russia’s VTB Bank (International Trade Bank) signed a memorandum of understanding (MOU) on May 10 to enhance cooperation during Party General Secretary To Lam’s recent official visit to Russia.
Through the MoU, Vietnam Airlines and VTB Bank expressed a shared desire to explore cooperative solutions to promote cultural exchanges, enhance tourism support, and seek additional cooperation opportunities in the future.
Mr. Le Hong Ha, CEO of Vietnam Airlines, said that the MoU marked an important milestone, opening up many practical cooperation opportunities that will enhance air connectivity and tourism between Vietnam and Russia, and better serve the travel and business needs of customers in both countries.
Meanwhile, Mr. Andrey Kostin, CEO of VTB Bank, also affirmed the bank’s commitment to supporting Vietnam Airlines, pledging to provide optimal services to aid the airline’s development in the Russian market.
Earlier, Vietnam Airlines officially resumed its direct Hanoi - Moscow route on May 8, with two flights per week. This route not only meets the increasing travel demand between the two countries but also increases tourism, trade, and cultural exchanges between Vietnam and Russia.