Russia and Vietnam will Establish a Joint Venture for Ship Repair

Vietnamese Navy Gepard 3.9 frigates (photo : Wiki)

Russia and Vietnam are negotiating a joint venture for maintenance and repair of civil and military ships of various types, said Thursday Vietnam ambassador to Russia Pham Xuan Son.


"Negotiations on the establishment of a joint venture for maintenance and repair of all ships of all countries," - he said at a press conference on the day of Vietnamese culture in Russia.

Possible new enterprise ambassador mentioned while talking about the fate of the former Russian military base in Cam Ranh Bay, which is currently used exclusively by the Vietnamese side, but the Russian military ships can go in there, using a priority compared to other foreign ships.

He also said that at the moment in Vietnam held the sixth round of talks between Vietnam and the countries of the Customs Union on the establishment of a free trade zone. They are expected to be completed by the end of this year, after which the agreement will be signed.

Vietnamese Ambassador also noted growing cooperation between the two countries in the sphere of tourism and education, adding that Russia is becoming one of the leading training centers for Vietnam. From June 24 to July 1 in Moscow, St. Petersburg and Yaroslavl will be Days of Vietnamese Culture in Russia. During the event, concerts, exhibitions, round table, film screenings and other events.

(VPK)