The visit comes on the 30th anniversary of the Vietnam-Russia Friendship Treaty and the 75th anniversary of the establishment of diplomatic relations between Vietnam and Russia in 2025.

Vietnam shared with the global community deep concern over the humanitarian situation in Ukraine due to the escalation of fighting.

The disbursement of approved FDI projects increased by 8.7% year-on-year in March, the fourth month of increase as post-Covid-19 lockdown constraints ease.

An adjustment in the pricing policy does not mean airlines would raise their price tickets but a basis to manage the prices flexibly.

The ADB forecast the country’s GDP growth to be around 6.5% in 2022 and 6.7% in 2023, a significant improvement from a modest 2.58% attained in the previous year.

The company sold more than 50,000 metric tons of polyolefin products in Vietnam in 2021 and aims to increase sales in the country by 30% in 2022.

Hanoi and Moscow aim to push for the construction of Moscow House in the capital city, seen as another highlight in bilateral relations.

The combined market size of 250 million people is a significant incentive for companies from the two countries to tap into the potential, contributing to reaching the bilateral trade revenue goal of $10 billion.