Workshop highlights Vietnam - Russia economic relations in context of new challenges

Speaking at the event, Director of the Institute of Economics, the Russian Academy of Sciences, Prof. Dr. Elena Lenchuk stated the seminar was held on the occasion of the 70th founding anniversary of Vietnam-Russia diplomatic relations and the 90th founding anniversary of the Institute of Economics.

She confirmed that the COVID-19 pandemic could not prevent scientists from the two countries "meeting" in a new way. This meeting was by no means accidental, but shows Russia's great interest in economic cooperation with Vietnam, a country with high economic growth, she added.

For his part, Assoc. Prof. Dr. Pham Hong Chuong, Rector of the National Economics University, emphasised that the COVID-19 pandemic has posed new challenges for economic cooperation between the two countries, and this workshop was an effort to overcome this difficult reality.

He also underscored the leading role of Vietnamese scientists in advising the Party and the Government in planning directions and policies for economic development.

During the workshop, participants listened to 15 presentations focusing on three major topics: a summary of key trends in trade-investment cooperation between Vietnam and Russia over the past decade; the Vietnam-Russia relations in the face of challenges posed by the COVID-19 pandemic; and the impacts of declining oil prices on energy cooperation between the two countries.