Russia and Vietnam sign energy deals as To Lam visits Moscow

📡 Nikkei Asia · 1 min read ·
Vietnam and Russia signed new energy agreements on Thursday during a visit by Vietnamese leader To Lam to Moscow. The deals cover oil, gas, and nuclear power. They deepen cooperation between the two countries at a time when Russia faces Western sanctions. To Lam met Russian President Vladimir Putin. Both sides said they want stronger trade and investment ties. Vietnam relies on Russian energy and weapons. Russia wants new markets in Asia as Europe cuts its purchases. Details of the agreements were not fully released. Neither side gave financial figures. The visit shows Vietnam's plan to balance ties with major powers. It also shows Russia's push to keep allies in Southeast Asia.