ISTANBUL

Russian President Vladimir Putin and Vietnamese Communist Party chief To Lam signed a joint declaration in Moscow to advance their comprehensive strategic partnership, pledging deeper cooperation in energy, defense, and economic sectors, according to the Kremlin.

Following talks at the Kremlin, Putin highlighted expanding trade ties between the two countries and said the transition to national currencies in mutual settlements was underway.

“Trade turnover increased by 20% in 2024 and reached $6 billion, which is a good indicator,” he said.

Putin also announced that Russia and Vietnam are preparing to build a nuclear power plant in Vietnam and develop renewable energy projects, including a 1,000-megawatt offshore wind power plant by Zarubezhneft.

“Our friendship dates back to the Great Patriotic War. Vietnam’s participation in the Victory anniversary is evidence of a bond that has stood the test of time,” he added, noting cooperation in security and defense.

The leaders agreed to oppose “unilateral illegal sanctions” and “dividing lines based on ideological considerations,” while reaffirming a shared stance on condemning Nazism and militarism.

The declaration also welcomed Hanoi’s “equitable” position on Ukraine and its readiness to contribute to peace efforts.

Lam emphasized closer coordination on defense, military technology and cybersecurity.

“Vietnam Airlines has resumed direct flights between Hanoi and Moscow, while VietJet Air is launching new routes,” he said, adding that Putin has accepted his invitation to visit Vietnam.