Published on March 27, 2026
Deputy Minister of Industry and Trade Phan Thị Thắng has emphasized the growing importance of cooperation between localities in Vietnam and Russia, which is playing a significant role in strengthening and expanding bilateral relations. This partnership is particularly evident in urban infrastructure development, where both nations are actively seeking to collaborate more closely.
During recent discussions, officials underscored the potential for deeper cooperation in various sectors, including technology transfer, trade, and investment. Localities from both countries are encouraged to forge direct ties, facilitating exchanges that can enhance mutual understanding and collaboration.
The commitment to strengthen local-level cooperation was highlighted in a meeting that saw representatives from various Vietnamese and Russian cities come together to discuss opportunities for collaboration. These engagements are viewed as a pathway to not only boost economic ties but also to foster cultural exchange and friendship between the peoples of both nations.
Thắng noted that the urban infrastructure sector presents a wealth of opportunities for partnership, given the rapid urbanization and development needs in Vietnam. He encourages Russian counterparts to explore investment opportunities in areas such as transportation, energy, and housing, where technological advancements could significantly benefit Vietnam’s growth.
As the relationship progresses, both countries aim to leverage their unique strengths, with Vietnam’s burgeoning market and Russia’s advanced technology. This collaborative approach is expected to yield mutual benefits and contribute to more robust trade volumes in the future.
In summary, Vietnam is keen on enhancing its cooperation with Russian regions, viewing this as a vital step towards a more integrated and dynamic bilateral relationship. The ongoing dialogue and partnership initiatives are expected to bear fruit, paving the way for a prosperous future for both countries.
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