Vietnam, Russia issue joint statement on deepening comprehensive strategic partnership
Vietnam and Russia have issued a Joint Statement on deepening their comprehensive strategic partnership, building on the achievements of the three-decade implementation of their Treaty on Principles of Friendly Relations.
Released as part of Russian President Vladimir Putin's state visit to Vietnam on June 19 and 20, the joint statement wrote that the two countries will continuously strengthen their comprehensive strategic partnership based on friendship and mutual support amidst a complex international landscape. In 2025, they will celebrate 75 years of diplomatic relations, marking a long journey of overcoming challenges together.

Vietnamese President To Lam (second right) and Russian President Vladimir Putin (second left) raise a toast at the State banquet hosted at the Hanoi Opera House. Photo courtesy of Vietnam News Agency.
According to the document, both sides affirmed that consolidating and enhancing the effectiveness of the comprehensive strategic partnership is a top foreign policy priority for both, serving long-term interests, contributing to each country's development, and enhancing their roles regionally and globally.
Vietnam and Russia build their relationship on mutual trust, principles of sovereign equality, territorial integrity, the right to self-determination, non-interference in each other's internal affairs, no use or threat to use force, peaceful settlement of disputes, and in accordance with the UN Charter and international law. They are determined to continue close cooperation in both bilateral and multilateral frameworks.
Vietnam and Russia do not align or enter into agreements with a third party to take actions that are harmful to each other's independence, sovereignty, territorial integrity, and fundamental interests. The development of their bilateral relations is not aimed against any third party.
Vietnam and Russia also agreed to continue regular and substantive high-level political dialogue, striving to effectively implement agreements reached between their leaders. They aim to enhance the efficiency of existing cooperation mechanisms, establish new ones, and strengthen contacts through party and parliamentary channels.
Both sides emphasised the special role of defence and security cooperation in their overall relationship and agreed to strengthen comprehensive collaboration in international information security in line with international law and bilateral agreements.
The two sides recognised the need to enhance joint work in emergency response, further develop economic cooperation, and support the early agreement and implementation of the master plan for Vietnam-Russia cooperation development until 2030.
They affirmed the importance of increasing Vietnamese investment in Russia and Russian investment in Vietnam in such areas as mineral extraction and processing, industry, agriculture, machinery manufacturing, and energy.
Both sides concurred to continue cooperating in existing and new oil and gas projects in accordance with each country's law, meeting the strategic interests of both parties. They also saw potential in cooperation on the construction and modernisation of power facilities.
They supported facilitating the operation expansion of Vietnamese oil and gas enterprises in Russia as well as of Russian oil and gas enterprises on the Vietnamese continental shelf, in line with Vietnamese, Russian and international laws, including the 1982 United Nations Convention on the Law of the Sea.
The joint statement also highlighted the potential for nuclear energy collaboration, the strategic nature of joint work in education, training, science, technology, and innovation, and the promotion of the study and teaching of Vietnamese in Russia and Russian in Vietnam.
The areas for expanded cooperation also included humanities, media, health, sports, and tourism. Both sides agreed to continue discussions on immigration issues and facilitate the living, working, and studying conditions for Vietnamese citizens in Russia and Russian citizens in Vietnam.
Both sides vowed to accelerate the objective process of establishing a fair and sustainable multipolar world order, in line with the fundamental principles of the United Nations Charter and international law, including respecting sovereignty, territorial integrity, the right to self-determination of peoples, non-interference in the internal affairs of countries, and refraining from the threat or use of force, and peaceful settlement of disputes.
They emphasised that effective cooperation and coordinated actions at global and regional forums will strengthen and enhance the bilateral relationship, deepening the traditional friendship and comprehensive strategic partnership between the two countries. This will serve the long-term interests of their people, contributing to peace, security, and sustainable development in the Asia-Pacific and the world.
President Putin invited Party General Secretary Nguyen Phu Trong and other high-ranking Vietnamese leaders to visit Russia at a convenient time. The Vietnamese side accepted the invitation with pleasure.
- Read More
Vietnam inaugurates first paper-based food packaging line
The first paper-based food packaging line in Vietnam applying Tetra Recart® technology was officially inaugurated in Son La province on Wednesday by Vietnam’s leading supplier of processed food, Dong Giao Foodstuff Export JSC (Doveco), and Sweden's Tetra Pak Group.
Companies - Thu, July 3, 2025 | 2:29 pm GMT+7
Toyota nears one-millionth vehicle sold in Vietnam
Toyota Motor Vietnam (TMV) delivered over 29,000 vehicles to Vietnamese customers in the first half of 2025, a 31% increase year-on-year, according to a company release on Wednesday.
Companies - Thu, July 3, 2025 | 2:24 pm GMT+7
Vietnam’s Personal Income Tax Law overhaul expected in October
Vietnam’s Ministry of Finance is finalizing draft revisions to the Personal Income Tax (PIT) Law, for parliament approval at its session in October.
Economy - Thu, July 3, 2025 | 1:44 pm GMT+7
Apple supplier Luxshare-ICT seeks recruitment support in central Vietnam
China’s Luxshare-ICT, a supplier to Apple, has asked authorities in Nghe An province for support in tackling labor recruitment challenges.
Companies - Thu, July 3, 2025 | 12:44 pm GMT+7
US agreement on 20% tariff for goods imported from Vietnam 'a success': expert
Reaching agreement with the U.S. on 20% tariff for goods imported from Vietnam and even 40% for transshipping is a success for the Southeast Asian country, said Ho Quoc Tuan, a senior lecturer of accounting & finance at University of Bristol, the UK.
Economy - Thu, July 3, 2025 | 9:55 am GMT+7
Malaysia diversifies trade partners to stay economically resilient
Malaysia’s economy remains resilient thanks to its long-term and comprehensive economic strategy, despite geopolitical tensions in the Middle East that have raised concerns about the possible closure of the Strait of Hormuz and disruption to global energy supplies, according to the Ministry of Trade, Investment and Industry (MITI).
Southeast Asia - Thu, July 3, 2025 | 8:44 am GMT+7
Vietnam Airlines launches first direct air link between Vietnam and Italy
National-flag carrier Vietnam Airlines officially launched its first direct flight connecting Hanoi and Milan on Tuesday, establishing direct air link between Vietnam and Italy for the first time.
Travel - Thu, July 3, 2025 | 8:28 am GMT+7
Makara Capital Partners wants to mobilize $5-7 bln for investments in Vietnam: exec
Singapore's Makara Capital Partners is eyeing investment opportunities in Vietnam, including those in the biological and pharmaceutical industries and the International Financial Center project.
Economy - Thu, July 3, 2025 | 12:52 am GMT+7
Vietnam, US reach agreement on landmark trade deal framework
Vietnam's Party chief To Lam and U.S. President Donald Trump on Wednesday stated that they welcome the agreement reached by the two countries' negotiating teams on the Joint Vietnam-United States Statement on a Fair, Balanced, and Reciprocal Trade Agreement Framework.
Economy - Wed, July 2, 2025 | 11:28 pm GMT+7
Vietnam's ACV expects 17% profit drop, plans $1.52 bln investment in Long Thanh airport this year
State-owned Airports Corporation of Vietnam (ACV), which operates 22 airports nationwide, expects its 2025 pre-tax profit to decline 17% year-on-year to VND10.53 trillion ($402.56 million) due to foreign exchange losses.
Companies - Wed, July 2, 2025 | 4:08 pm GMT+7
Two mega urban area projects in central Vietnam get greenlight
Two major urban projects in Quang Ngai province's Dung Quat Economic Zone, with a total investment of over VND54 trillion ($2.06 billion), have received in-principle approvals from Deputy Prime Minister Tran Hong Ha.
Real Estate - Wed, July 2, 2025 | 4:02 pm GMT+7
Roadmap for cleaner fuel transition launched for Vietnam’s first oil refinery Dung Quat
Binh Son Refining and Petrochemical JSC (BSR) and PV Gas D, a subsidiary of PV Gas, have signed an MoU on LNG trading principles, marking a significant step in BSR’s roadmap to transition from traditional fuels to cleaner alternatives at Dung Quat Oil Refinery.
Economy - Wed, July 2, 2025 | 3:52 pm GMT+7
EPC contracts signed for Vietnam’s offshore Block B - O Mon gas pipeline
Southwest Pipeline Operating Company (SWPOC), a subsidiary of Vietnam’s state-owned Petrovietnam, on Monday signed EPC contracts for two key packages (PC1 and PC2) of the Block B – O Mon gas pipeline project.
Economy - Wed, July 2, 2025 | 2:01 pm GMT+7
Major Vietnamese developer Sun Group proposes riverfront road, metro line projects in HCMC
Sun Group, a leading real estate developer in Vietnam, is seeking Ho Chi Minh City authorities’ permission to invest in a riverfront road along the Saigon River and a 40-kilometer metro line under the build-transfer (BT) model in the former Cu Chi district.
Infrastructure - Wed, July 2, 2025 | 1:32 pm GMT+7
Vietnam stock market to enjoy favorable 'tailwinds' in H2: experts
While external challenges are persistent, domestic economic stimulus policies will be a key driver helping Vietnam's stock market become more positive in the remaining six months of 2025, according to experts.
Finance - Wed, July 2, 2025 | 8:20 am GMT+7
Agro-forestry-fishery exports rise over 14% in H1
Vietnam’s total agro-forestry-fishery trade in the first half of 2025 is estimated at $57 billion, with exports reaching $33.5 billion, up 14.3% year-on-year, according to the Ministry of Agriculture and Environment.
Companies - Tue, July 1, 2025 | 10:33 pm GMT+7