Russia is ready to supply oil, liquefied natural gas and refined products to Vietnam. This is reported in a joint communique published on the website of the Russian Cabinet of Ministers following the official visit of Russian Prime Minister Mikhail Mishustin to Vietnam.
The parties also noted the readiness of the Russian Federation to develop new energy projects, including in the field of renewable energy, which is a promising area of cooperation.
An agreement was reached to continue creating favorable conditions for the implementation of joint oil and gas projects on the territory and on the continental shelf of Vietnam.
In addition, the parties agreed on measures to strengthen bilateral trade, including through wider use of the free trade agreement between the Eurasian Economic Union and its member states, on the one hand, and Vietnam, on the other hand, and also called for increasing mutual supplies of products to each other's markets.
In this regard, it was recognized that it was necessary to develop rail and sea communications, and multimodal freight transportation. The need to study the methods of mutual settlements for foreign trade and other operations was emphasized.