Trade turnover between Russia, Vietnam gains 14% in 1H — upper house speaker

Trade turnover between Russia, Vietnam gains 14% in 1H — upper house speaker The countries are progressively shifting to using national currencies for financial settlements and establishing reliable channels for banking and credit cooperation, Valentina Matviyenko addedHANOI, November 13. /TASS/. Trade turnover between Russia and Vietnam grew by 6% last year to over $6 bln, whereas in the first half of 2026 it saw a further 14% increase, Russian Federation Council Speaker Valentina Matviyenko said. "Our trade and economic cooperation is showing positive momentum. Last year trade turnover between our countries grew by 6% to over $6 bln. In the first half of this year, it increased by another 14%. We believe the growth for the year as a whole will also be substantial," she said at a plenary session of the National Assembly of the Socialist Republic of Vietnam The countries are progressively shifting to using national currencies for financial settlements and establishing reliable channels for banking and credit cooperation, Matviyenko added. "A key role here is played by the Vietnam-Russia Joint Venture Bank, which, incidentally, will mark its 20th anniversary this November," she noted. TagsVietnamTrade & CooperationRussia has always been reliable energy supplier to Turkey — ministerAlparslan Bayraktar recalled that Turkey had been cooperating with Russia in that sphere for forty yearsRead moreEuropean envoy to Ukraine talks must be acceptable to all parties — top Czech diplomatAccording to Petr Macinka, the person selected must command the respect of the West but also be viewed positively by the EastRead moreRussian troops liberate two communities in Ukraine operation over past day — top brassUnits of Russia's Battlegroup Center liberated the settlement of Shilovka in the DPR and servicemen of the Battlegroup East liberated the settlement of Voskresenka in the Zaporozhye Region through decisive operationsRead moreRussian forces push Ukrainian troops 30 km from state border in Sumy Region — expertAndrey Marochko specified that the Russian military continues to steadily expand the buffer zone in this areaRead moreUS refrains from tougher measures against Iran on request from regional countries — TrumpUS President Donald Trump stressed that if not for that request, he could go furtherRead moreRussia does not expect lifting of sanctions against it in medium term — MFAWestern countries have recently begun to employ a sanctions policy with increasing frequency as they are losing their advantages, their "undisputed leadership," Alexander Trofimov saidRead moreBridge damage disrupts transport links across Dnieper in Kiev — lawmakerDamage to the bridges over the Dnieper has repeatedly paralyzed traffic in Kiev since late OctoberRead moreFormer Ukrainian prime minister calls Kiev’s demand to maintain 800,000-strong army absurdNikolay Azarov noted that Kiev needed financial guarantees from the EU because it was unable to maintain such large armed forces on its ownRead moreRussia withdraws from European Boxing Championship in Croatia citing lack of national flagThe decision was also prompted by problems concerning the issuance of entry visas to members of the Russian delegationRead moreOver 1,000 foreign mercenaries wanted internationally — Russian investigators284 mercenaries had been convictedRead morePress review: EU rejects security reform, stalls Ukraine peace as Armenia loses CSTO voteTop stories from the Russian press on Friday, November 13thRead more