Vietnam commits favorable conditions for Russian firms: PM

The Vietnamese Government always welcomes and creates favorable conditions for Russian businesses, including oil and gas firms, that are interested in and want to expand operations in Vietnam, Prime Minister Pham Minh Chinh told Russian Deputy Prime Minister Alexander Novak during their meeting in Kazan city on October 23.

PM Chinh arrived in Kazan city in the Republic of Tatarstan of the Russian Federation on October 23 morning (local time) to attend the expanded BRICS (BRICS+) Summit.

The Vietnamese Government leader stressed that Vietnam always considers Russia one of the top priority partners in its foreign policy and expressed wish to work with the Russian Government to seek solutions to further promoting the bilateral collaboration.

Deputy PM Novak affirmed that President Putin and leaders of the Russian Government attach importance to the Comprehensive strategic partnership with Vietnam and regard Vietnam as a leading important partner in the Asia-Pacific.

Both sides acknowledged the positive outcomes of bilateral collaboration, especially in the fields of energy, oil and gas, which have contributed to each country’s socio-economic development.