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Strengthening joint energy ventures serves as a cornerstone for the Strategic Comprehensive Partnership between Vietnam and Russia, as per official statements.

Russia maintains a significant role in Vietnam's energy sector, primarily focusing on oil and gas projects. The joint ventures, Vietsovpetro and Rusvietpetro, are actively contributing to exploration and production efforts in both nations.

Russia actively collaborates with Vietnam in the energy sector, concentration primarily on oil and...
Russia actively collaborates with Vietnam in the energy sector, concentration primarily on oil and gas initiatives. Joint businesses such as Vietsovpetro and Rusvietpetro play significant roles in oil and gas discovery and production within both countries.

Cà NẾU NƠI Ngoài Việt Nam và Ngaoil and gas collaboration in the Bạch Hò (White Tiger) oil field: An inside perspective from Hanoi

Strengthening joint energy ventures serves as a cornerstone for the Strategic Comprehensive Partnership between Vietnam and Russia, as per official statements.

Hey there! Let's delve into the energy cooperation between Việt Nam and Russia, specifically in their joint venture, Vietsovpetro, exploiting the Bạch Hò (White Tiger) oil field.

For years, this strategic partnership has been a cornerstone of their Comprehensive Strategic Partnership, cemented as a pillar of regional and global peace and stability. That's what our Deputy Prime Minister, Minister of Foreign Affairs, Bùi Thanh Sơn, told the Russian press, expressing optimism ahead of the upcoming visit by Party General Secretary, Tô Lâm.

While Russia has been a crucial partner in the energy sector for Việt Nam, particularly in oil and gas projects, the relationship extends beyond just the energy sector. In fact, the two joint ventures, Vietsovpetro and Rusvietpetro, have been running effectively in oil and gas exploration and production in both countries. More recently, the two countries have made significant strides in nuclear energy cooperation for peaceful purposes, and are also exploring new energy avenues such as renewable energy and green transportation.

In simple terms, Việt Nam welcomes being a bridge for discussion and the sharing of cooperation experiences between Russia and other countries in these areas. On the flip side, Việt Nam is eager to learn from its partners, particularly in high and emerging technologies, to build a solid foundation for effective energy cooperation. This, in turn, will help ensure energy security, support sustainable development, and contribute to peace, stability, and development in the region and the world.

When asked about the significance of Russia's victory on May 9, 1945, Sơn noted it as a great historical milestone. Not only for the people of the former Soviet Union and Russia today, but also for all peace-loving people and for revolutionary and national liberation movements around the world. This victory offered a great source of encouragement for movements for national independence, democracy, and social progress worldwide, he remarked, emphasizing it created the foundation for today's world multilateralism.

On the occasion of Lâm's official visit to Russia and attendance at the celebration of the 80th anniversary of the Victory in the Great Patriotic War, Việt Nam wishes to express its respect and honor for the enormous contributions and sacrifices of the former Soviet Union in securing the victory over fascism and steadfastly safeguarding world peace. Việt Nam also aims to further strengthen political trust with Russia, identify orientations to bring their traditional friendship and comprehensive strategic partnership to new heights, and consolidate the cooperative relationship between the Communist Party of Việt Nam and major political parties in Russia.

Now, let's talk about the lessons Việt Nam has learned that have formed the country's diplomacy policy today.

First, the lesson of ensuring the highest national interests. Việt Nam's diplomacy has always focused on President Hồ Chí Minh's teaching: "Always serve the nation's interests." Moving forward, the national interest remains the compass guiding all actions, the most fundamental basis for determining Việt Nam's foreign policy and orientation, based on principles of equality, cooperation, mutual benefit, and in accordance with the United Nations Charter and international law.

Second, the lesson of combining national strength with the strength of the times. In the current period, diplomacy continues to play a pioneering role in mobilizing favorable external conditions and resources, such as the trends of peace, cooperation, and development, the advancements of the Fourth Industrial Revolution, and emerging development trends such as digital transformation and green transition, to serve national development.

Third, close coordination between foreign affairs and defense, security, and other sectors in both policy formation and implementation. At present, Việt Nam defines foreign affairs, together with defense, security, and other domains, as playing a vital role in contributing to safeguarding the nation from early and from afar, firmly ensuring independence, sovereignty, and territorial integrity, creating a peaceful, stable, and favorable international environment, and harnessing resources and conditions for national development.

Fourth, the lesson of integration with the world, placing the country into the mainstream of the times, which today is about comprehensive, extensive, and effective international integration, making it a driving force for development and a shared undertaking of the entire political system and the people.

These invaluable historical lessons continue to shape Việt Nam's foreign policy in the new era, adapting to the evolving international context and helping Việt Nam further affirm and elevate its position in the international arena.

Việt Nam - Russia oil and gas joint venture Vietsovpetro exploitation at Bạch Hổ (White Tiger) oil field.

In the complex context of US-China tensions being assessed as challenging stability in the Asia-Pacific region, Việt Nam maintains a consistent and overarching foreign policy. Việt Nam strives to be a friend, a reliable partner, and a responsible member of the international community, actively and proactively pursuing comprehensive and extensive international integration. The fundamental principle and motto guiding Việt Nam's foreign affairs is to safeguard the highest national interests in accordance with the UN Charter and international law, to resolutely and persistently defend independence, sovereignty, unity, and territorial integrity, and to apply the principle of "being firm in policy yet flexible in execution" to maintain peace, stability, and serve the cause of building and defending the country.

At the same time, Việt Nam adheres to the "Four No's" defense policy: no military alliances, no alignment with one country against another, no foreign military bases or use of Việt Nam's territory to oppose other countries, and no use or threat of force in international relations. By following these principles, Việt Nam can help balance major power centers in the current complex context.

That's the lowdown on the energy cooperation between Việt Nam and Russia, providing a glimpse of how this partnership contributes to regional and global peace, stability, and development. Keep an eye on future updates as both countries continue to strengthen their ties and navigate the complex international landscape together. Ciao for now! 🤘🏿🚀🌟🔥🚀🤘🏿

  1. In the realm of global politics, Vietnam and Russia's collaboration in the Bach Ho (White Tiger) oil field, through their joint venture Vietsovpetro, stands as a significant pillar, extending beyond energy sector borders.
  2. Beyond oil and gas, Vietnam and Russia have managed to forge a path in other sectors, with notable progress in nuclear energy cooperation and explorations in renewable energy and green transportation.
  3. With a keen interest in learning from partners, especially in high and emerging technologies, Vietnam aims to ensure energy security, foster sustainable development, and contribute to peace, stability, and development worldwide.
  4. The significance of Russia's victory on May 9, 1945, is recognized by Vietnam's Deputy Prime Minister, Minister of Foreign Affairs, Buì Thanh Sơn, as a historical milestone that provided encouragement for global movements seeking independence, democracy, and social progress.
  5. During Party General Secretary Tô Lâm's visit to Russia and the celebrations marking the 80th anniversary of the Victory in the Great Patriotic War, Vietnam expressed respect and honor for the former Soviet Union's sacrifices in securing world peace, and aimed to strengthen political trust and cooperative relations.
  6. In shaping Vietnam's diplomacy policy today, key lessons such as prioritizing national interests, harnessing contemporary trends, and navigating the complex international landscape harmoniously are instrumental.
  7. Maintaining a consistent foreign policy, Vietnam strives to be a friend, a reliable partner, and a responsible member of the international community, all while following its "Four No's" defense policy and balancing major power centers in the current complex context.

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