Vietnam - Russia will joint venture to produce military technical equipment

Prime Minister Nguyen Tan Dung said that Vietnam and Russia will cooperate more deeply in the field of military technology in the coming time, including joint ventures in production and warranty.

Prime Minister Nguyen Tan Dung received Russian Prime Minister Medvedev in Hanoi this morning. Photo: Quy Doan

In an interview with Itar-Tass news agency before Russian Prime Minister Dmitry Medvedev's visit to Vietnam from April 5 to 7, Prime Minister Nguyen Tan Dung affirmed that military technical cooperation along with energy are the pillars of the Vietnam-Russia comprehensive strategic partnership in the new period.

In the field of military technology, Russia is currently an important partner of Vietnam. In the coming time, the two countries will move towards extensive cooperation in the fields of joint production ventures, scientific research, and the establishment of service and warranty centers. This is also a policy that the two countries' senior leaders discussed and agreed to implement step by step in the coming years, according to the Prime Minister. Vietnam-Russia cooperation in the field of defense and security contributes practically to maintaining a peaceful and stable environment in the region and the world.

In the energy sector, Vietnam and Russia can expand cooperation to new areas such as petrochemical processing and refining, fuel production for gas engines and Russia's long-term supply of crude oil to Vietnam. Joint ventures such as Vietsovpetro, Rusvietpetro, Gazpromviet, Vietgazprom operate effectively on the continental shelf of Vietnam and Russian territory, expanding exploration and exploitation at new mines. The two sides are closely coordinating to implement the Ninh Thuan I Nuclear Power Plant project with the motto of meeting the requirements of ensuring security, safety, highest efficiency and strictly complying with Vietnamese laws on investment and construction.

The Russian-built Ho Chi Minh City submarine for Vietnam under Project 636 at Cam Ranh port last March. Photo: Nguyen Dong

Prime Minister Nguyen Tan Dung said that during today's talks, he and Russian Prime Minister Medvedev will discuss specific directions and measures to promote cooperation between the two countries in all areas of politics, economics, trade, investment, energy, military technology, and human resource training.

The two sides will also review the implementation of high-level agreements, the progress of major projects between the two countries, agree on the roadmap for signing the Free Trade Agreement (FTA) between Vietnam and the Eurasian Economic Union, and discuss the progress of the Ninh Thuan I Nuclear Power Plant project. The two leaders will also discuss international and regional issues, coordination of actions between the two countries in the international arena, the situation of the Vietnamese community in Russia, and the enhancement of people-to-people exchange activities.

Prime Minister Medvedev last weekend, in an interview with the press before his visit to Vietnam, affirmed that Russia has many ideas and plans to promote relations with Vietnam, Russia's strategic partner, to a new level.

After talks with Prime Minister Nguyen Tan Dung today, Mr. Medvedev will pay a visit to General Secretary Nguyen Phu Trong, President Truong Tan Sang and National Assembly Chairman Nguyen Sinh Hung. Tomorrow, the Russian Prime Minister will meet with leaders of Ho Chi Minh City and attend the Vietnam-Russia Business Forum.

According to VnExpress