
Russian Prime Minister Dimitry Medvedev
Reuters also covered news relating to preparations between Hanoi and Moscow to sign an agreement on a free trade zone, and Russian Gazprom Neft’s plan to purchase 49% of the operator of Vietnam's Dung Quat refinery.
The Associated Press quoted Prime Minister Medvedev during his visit to Vietnam as saying that Russia - Vietnam annual two-way trade turnover is forecast to increase 4 fold to 10 billion USD by 2020.
The German newspaper Die Zeit reported on Monday that the Eurasian Economic Union wants to sign a free trade agreement with Vietnam and both sides have made important steps forward in this regard during the Russian Prime Minister’s visit. Die Zeit quoted Prime Minister Medvedev as saying that the first agreement between the Eurasian Economic Union with a third country would help Vietnam and Russia increase their cooperation in oil and gas, nuclear energy, and military technology.
