Russian Prime Minister Dmitry Medvedev and his Vietnamese counterpart agreed Tuesday that the two countries would focus on expanding oil exploration and technology cooperation in nuclear energy projects.
The agreement was made during talks with Nguyen Tan Dung in Hanoi.
The official agreement said the countries will enhance political dialogues to improve mutual trust and boost cooperation in other fields including economics, national defense and security, and technology, news website VnExpress reported.
Medvedev was in Hanoi for one day, and then Ho Chi Minh City on Wednesday before leaving.
He said gas and oil should be key cooperation factors for the two countries, with the leading project currently being the joint venture Vietsopetro. Russia's largest company Gazprom has started several other projects in Vietnam.
The two agreed to clear current problems for investors in each other's markets and start talks soon on a Free Trade Agreement between Vietnam and the customs union of Russia, Belarus and Kazakhstan.
Vietnam and Russia have planned to raise trade revenues between the two countries to $5 billion next year, from $2.12 billion in 2011, and to $7 billion in 2015. Trade revenues over the first nine months this year increased 1.5 times from the same period last year.
Medvedev also promised during the meeting to upgrade technology cooperation to help Vietnam build a "safe, effective and quality" nuclear power plant, Dung told local media.
Russia is helping Vietnam with funds and technology in building the latter's first nuclear power plant in the central coastal province of Ninh Thuan. Many Vietnamese experts have been sent to Russia for training.
The Voice of Russia quoted Medvedev before his arrival in Vietnam as saying that Russia wants to expand the scale of its cooperation in equipment production as well as staff training for military purposes.
He said staff training will not only tighten the countries' relationship but also improve mutual understanding, especially in case of problems during the operation of military equipment.
Positive steps have been made in military relations between Russia and Vietnam in recent years.
President Vladimir Putin said at a meeting in Moscow in October that Russia needs to develop stronger military ties with Vietnam, calling it a qualified partner in building and inventing military weapons and equipment.
The decision was made based on various factors, including Vietnam's US$2 billion order of six Kilo-class submarines in late 2009, which was the most expensive order the Russian Navy has ever received. The first submarine was sent to Vietnam August this year.
Vietnam and Russia relations have been raised to comprehensive strategic partnership during a visit by Vietnamese President Truong Tan Sang to Moscow in July.
Like us on Facebook and scroll down to share your comment