tai 188bet Zarubezhneft-Petro Viet Nam cooperation contributes substantively to Viet Nam-Russia ties: Deputy PM
tai 188bet Vietnamese Government will create favourable conditions for tai 188bet Russian oil and gas company Zarubezhneft to strengthen cooperation with tai 188bet Viet Nam National Industry-Energy Group (Petro Viet Nam) and other Vietnamese enterprises, affirmed Permanent Deputy Prime Minister Pham Gia Tuc on May 27.
Receiving Zarubezhneft General Director Sergey Kudryashov, who is on a working visit to Viet Nam, tai 188bet Deputy PM praised tai 188bet long-standing and effective cooperation between Petro Viet Nam and tai 188bet Russian group, describing it as a bright spot in economic ties between Viet Nam and Russia.
He noted that tai 188bet visit aims to realise high-level agreements reached between Russian President Vladimir Putin and General Secretary of tai 188bet Communist Party of Viet Nam Central Committee and State President To Lam to promote tai 188bet two countries' Comprehensive Strategic Partnership.
According to tai 188bet Deputy PM, tai 188bet discussions between Zarubezhneft, Viet Nam’s Ministry of Industry and Trade, and Petro Viet Nam during tai 188bet visit will help further strengthen and expand bilateral cooperation more effectively and sustainably.
He stressed that tai 188bet Viet Nam-Russia oil and gas joint venture Vietsovpetro has become a successful model of foreign investment attraction and a symbol of Viet Nam-Russia cooperation, contributing significantly to tai 188bet development of Viet Nam’s oil and gas industry.
Built on tai 188bet traditional friendship between tai 188bet two countries, economic cooperation in tai 188bet energy sector has made practical contributions to deepening Viet Nam-Russia relations, he added.
For his part, Kudryashov briefed tai 188bet Deputy PM on tai 188bet results of cooperation between Zarubezhneft and Petro Viet Nam, saying tai 188bet two sides have maintained effective collaboration in tai 188bet oil and gas sector for 45 years.
In 2025, in tai 188bet witness of President Putin and Party General Secretary and State President To Lam, Zarubezhneft and Petro Viet Nam signed protocols extending tai 188bet operations of oil and gas joint ventures in Viet Nam and Russia until 2050.
tai 188bet two sides are also considering expanding investment promotion activities in third countries, he said, adding that Zarubezhneft is currently tai 188bet largest Russian enterprise supplying coal to tai 188bet Vietnamese market.
Welcoming Zarubezhneft’s efforts and contributions to oil and gas exploration and exploitation cooperation in both Viet Nam and Russia, Tuc expressed support for tai 188bet two groups’ plan to expand investment cooperation into third countries.
He also suggested that beyond oil and gas, Zarubezhneft should promote cooperation with Vietnamese partners in other areas of mutual strength, such as offshore wind power development, technology transfer, electricity and energy development, and rare earth exploitation.
VNA