Putin and Vietnam’s Communist Party Leader Adopt Joint Declaration on Strategic Partnership
General Secretary of the Central Committee of Vietnam‘s Communist Party To Lam and Russian President Vladimir Putin
Russian President Vladimir Putin and Communist Party of Vietnam General Secretary To Lam held talks at the Kremlin and issued a joint declaration setting out the main points of a comprehensive strategic partnership. The two sides also signed several bilateral deals.
Key Points From the Meeting
Statements by President Vladimir Putin:
Energy cooperation is actively developingTransitioning to national currencies in mutual settlements is a key priorityBilateral trade grew by 20% in 2024, reaching $6 billion — a strong resultNew agreements in nuclear energy will help Vietnam access affordable, safe energy and create new jobsRussian companies are interested in hydroelectric infrastructure reconstruction projects in VietnamRussian oil company Zarubezhneft will build a 1,000 MW offshore wind power plant in southeastern VietnamGAZelle vehicle production in Vietnam is cited as a success story of bilateral cooperationRussia and Vietnam plan to deepen cooperation in defense and securityPutin stressed that Russia and Vietnam have a time-tested friendship dating back to World War II, when Vietnamese volunteers fought at the Battle of Moscow.Vietnam’s participation in the Victory Day celebrations serves as a testament to the enduring relationship, he said.
Highlights of the Joint Declaration:
Russia values Vietnam’s balanced and objective stance on UkraineMoscow welcomes Hanoi’s willingness to contribute to peaceful resolution effortsBoth countries oppose unilateral sanctions and ideological dividing linesRussia and Vietnam aim to promptly negotiate and sign an agreement on building a nuclear power plant in VietnamPlans are in place to advance new energy projects, including the supply and processing of Russian oil and liquefied natural gasThe two nations support equal and indivisible security in the Asia-Pacific region
Additional Agreements Signed:
A “roadmap” for peaceful nuclear cooperation through 2030Agreement to establish the Alexander Pushkin Russian Language CenterTourism cooperation memorandum through 2030Comprehensive cooperation deal between VTB Bank and Vietnam AirlinesHealthcare investment platform to be created by the RDIF and Vietnam’s National Vaccine CenterMemorandum on cooperation in biomedicineAgreement on joint scientific research competitionsA memorandum of understanding between the Moscow State Institute of International Relations (MGIMO) and Hanoi State UniversityCooperation agreement between the Russian Presidential Academy of National Economy and Public Administration (RANEPA) and the Ho Chi Minh National Academy of Politics
Statements by To Lam:
Russia and Vietnam agreed to expand direct air travelVietnam Airlines has resumed direct flights between Hanoi and Moscow, while private carrier VietJet Air is launching new routes connecting the two countriesThe countries plan to deepen cooperation in defense, security and military technologyJoint efforts will also focus on cybersecurity and combating high-tech crimeTo Lam extended an invitation for President Putin to visit Vietnam, which Putin gratefully accepted.The Vietnamese leader is on an official visit to Russia from May 8–11 and attended the Victory Day celebrations in Moscow.