The Government of Vietnam wants enterprises of Russia and Vietnam to cement and deepen investment cooperation commensurate to the strategic partnership between the two countries, said PM Nguyen Tan Dung when meeting representatives of the business communities of the two countries in Moscow on Monday.
PM Nguyen Tan Dung meets with Russian PM V. Putin.
PM Dung lauded Russian enterprises which are planning to expand investment and business activities in Vietnam and encouraged them to make full use of available potentials for more effective bilateral cooperation.
He also highly spoke of their efforts toward the establishment of an investment fund for Vietnam, confirming that the Government is ready to offer best conditions for Russian players.
At the meeting, many Russian groups underscored their desire to enhance cooperation and investment in Vietnam.
The same day, PM Dung attended the inauguration of the Moscow branch of the Vietmam-Russia Joint-venture Bank (VRB Moscow) and visited some industrial, economic and cultural sites in Moscow.
Russia on Tuesday penned a deal to build Vietnam's first nuclear power plant, and the countries' respective oil and gas giants forged a joint venture, increasing Moscow's outreach into southeast Asia, Russian news agencies reported.
The plant deal was signed in Moscow by Sergei Kiriyenko, the head of Russia's nuclear energy agency Rosatom, and Pham Le Thanh, the head of Vietnam's state electricity company EVN.
Respective state energy giants Gazprom and Petrovietnam signed a deal establishing Gazpromviet as a joint venture for developing energy fields in Russia, Vietnam, and third countries -- expanding on a loose agreement on the cooperative project in 2008.
State news agency RIA Novosti reported the new company is to develop the Nagumanov oil and gas field in the Ural Mountains region, while also taking on projects in eastern Siberia and the Far East. The Russian side is to hold a 51 percent stake in the venture, with Vietnam taking 49 percent, RIA reported.
The Vietnamese premier also met with President Dmitry Medvedev and Prime Minister Vladimir Putin on Tuesday.