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Vietnam, Russia aim to boost trade to $5 billion in 2015  DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Vietnam, Russia aim to boost trade to $5 billion in 2015

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Vietnam, Russia aim to boost trade to $5 billion in 2015  Empty Vietnam, Russia aim to boost trade to $5 billion in 2015

Post by 1alaskan Wed Aug 01, 2012 5:28 am

Vietnam, Russia aim to boost trade to $5 billion in 2015

Vietnam and Russia aim to increase two-way trade between the two nations to $5 billion in 2015 and $10 billion in 2020, according to a statement posted on the Vietnamese government’s website Saturday.

Vietnam President Truong Tan Sang and his counterpart Vladimir Putin agreed to expand joint oil exploration and production in both countries, as well as in other countries in the future, the statement said.

The two nations will also expand military and defense cooperation as they enter into a deeper relationship, according to the statement.

Sang and a Vietnamese delegation met with Putin on a state visit in the Russian city of Sochi.
Vietnam will soon negotiate a free-trade agreement with Russia, Belarus and Kazakhstan, the statement said.

Two-way trade Vietnam and Russia rose to $1 billion in the first five months of this year, an increase of 46 percent from a year earlier, it said.

http://www.thanhniennews.com/index/pages/20120728-vietnam--russia-aim-to-boost-trade-to-$5-billion-in-2015.aspx

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