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Vietnam's Secretary General and President Tô Lâm to Visit Russia and France

Vietnam's Secretary General and President Tô Lâm to Visit Russia and France

Vietnam's Secretary General and President Tô Lâm, accompanied by his wife, is set to embark on an official visit to Russia and France from September 7 to 12. This visit comes in response to invitations from Russian President Vladimir Putin and French President Emmanuel Macron.

The Vietnamese delegation will participate in various high-level meetings and events, including the Space Summit in Paris. This trip marks a significant step in strengthening Vietnam's diplomatic ties with both Russia and France.

Vietnam and Russia share a long-standing traditional relationship, which was elevated to a Comprehensive Strategic Partnership in 2012. By 2025, the bilateral trade turnover between Vietnam and Russia is expected to reach $4.77 billion, reflecting a 4% increase compared to 2024. Vietnam's exports to Russia are projected to be nearly $2.3 billion, while imports from Russia are expected to exceed $2.5 billion. Currently, there are 223 Russian investment projects in Vietnam, with a total registered capital of approximately $996 million, placing Russia 28th among 153 countries and territories investing in Vietnam.

Conversely, Vietnam has 19 active investment projects in Russia, totaling $1.64 billion, ranking fourth among 88 countries investing in Russia.

As for France, the two nations upgraded their relationship to a Comprehensive Strategic Partnership in October 2024. The bilateral trade volume is anticipated to reach around $6.3 billion by 2025, showing positive growth from 2024. France is ranked 16th among 153 countries investing in Vietnam, with 746 active investment projects and a total registered capital of about $4 billion. Vietnam has 20 active investment projects in France, amounting to a registered capital of $38.78 million.

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