November 7, 2012 Russia and Vietnam signed an intergovernmental agreement on cooperation in the exploration and use of outer space for peaceful purposes. The document was signed after the talks, the government of the Russian Federation Dmitry Medvedev and Prime Minister of Vietnam Nguyen Tan Dung. The agreement signed by the head of "Roskosmos" Vladimir Popovkin and Minister of Science and Technology Nguyen Quan.
- Photo: ITAR-TASS
The agreement is intended to boost the development of mutually beneficial cooperation between Russia and Vietnam in promising areas such as remote sensing, satellite navigation and telecommunications, space medicine and biology, as well as the implementation of joint projects in the framework of regional forums APEC and ASEAN.
In addition, according to the Russian prime minister, Moscow and Hanoi will develop cooperation in energy, engineering, agriculture, development of mineral deposits, the banking industry.
The Russian prime minister said that in the first nine months, the trade turnover between Russia and Vietnam have increased by 150 percent, which will by 2015 reach $ 7 billion dollars.
Medvedev also stressed that expands the traditional cooperation between the two countries in the humanitarian field. In particular, he said, there is a project to build the Vietnam Russian Technological University.
The following year, Russia and Vietnam will begin negotiations to establish a free trade zone.