National Assembly Chairman Tran Thanh Man received Vice President of Gazprom Group Vitaly Markelov and received Mr. Leonid Minkhelson, Chairman of the Board of Directors of Novatek Group.
Continuing his official visit to the Russian Federation, at noon on September 10 (local time), National Assembly Chairman Tran Thanh Man received Vice President of Gazprom Group Vitaly Markelov.
Speaking at the reception, the National Assembly Chairman said that recently, Gazprom Group, a powerful energy group of the Russian Federation, has effectively cooperated with the Vietnam National Oil and Gas Group (Petrovietnam) in the fields of oil and gas, energy production and exploitation.
Appreciating the joint venture of the two corporations, which has effectively implemented projects in both the Russian Federation and Vietnam, National Assembly Chairman Tran Thanh Man affirmed that Vietnam always protects the legitimate rights of investors. The National Assembly and the Government always accompany foreign enterprises, ensuring stable and long-term operations in Vietnam.
According to the National Assembly Chairman, promoting cooperation and association will contribute to ensuring mutual benefits, bringing the Vietnam-Russia Comprehensive Strategic Partnership to more substantial results.
Emphasizing that the potential for Vietnam-Russia cooperation is still very large, but the two-way trade turnover in the first 6 months of 2024 only reached about 2.7 billion USD, the National Assembly Chairman said that cooperation in oil and gas projects will contribute to realizing the goal of bringing the two-way trade turnover to 10 billion USD by 2030. Energy is one of the key areas of cooperation in the Vietnam-Russia bilateral relationship; therefore, it needs to be promoted more strongly in the coming time.
Gazprom Vice President Vitaly Markelov thanked the Vietnamese National Assembly for its support in promoting the Group's cooperation with the Vietnam National Oil and Gas Group in the fields of exploration, exploitation, and scientific and technical research. The Group wishes to strengthen cooperation with Vietnam, including the supply of LNG to serve the socio-economic development needs of Vietnam.
Gazprom Group leaders expressed their willingness to share experiences with partners, including Petrovietnam, in oil and gas exploitation and exploration; and expressed their belief that the visit of National Assembly Chairman Tran Thanh Man will further deepen the Vietnam-Russia Comprehensive Strategic Partnership.
In the afternoon of the same day (local time), receiving Novatek Group, National Assembly Chairman Tran Thanh Man said that in the context of the current rapid and complex changes in the world and the region, the two sides need to take advantage of opportunities to accompany and cooperate practically and effectively, bringing benefits to businesses as well as tightening the cooperative relationship between the two countries.
The National Assembly Chairman affirmed that the Russian Federation is a leading comprehensive strategic partner in Vietnam's foreign policy.
The National Assembly Chairman expressed his delight at the signing of a memorandum of understanding between the Vietnam National Oil and Gas Group and Novatek Group in Vietnam; and said that the Government is submitting to the National Assembly amendments to the Electricity Law to build a synchronous, competitive, transparent energy market, diversify ownership forms and business methods, and create favorable conditions for domestic and foreign investors to produce and do business in this field.
The National Assembly Chairman affirmed that Vietnam is always interested in promoting cooperation with the Russian Federation in the fields of economy, trade, and investment, including the oil and gas sector of Novatek Group. The National Assembly Chairman requested corporations and enterprises to comply with the provisions of Vietnamese law and international law to create an open, transparent, and sustainable production and business environment; he believes that Novatek Group and the Vietnam National Oil and Gas Group will soon have business plans and strategies in the coming time.
Thanking National Assembly Chairman Tran Thanh Man for taking the time to meet, the representative of Novatek Group said that the Group was established in 1994 with the main business areas being exploration, production, and processing of natural gas and liquid hydrocarbons. The Group is known as the largest independent natural gas producer in Russia. In recent times, the Group has participated in liquefied gas projects in Vietnam with Vietnamese corporations and enterprises.
Novatek Group representatives hope that the National Assembly and the Government of Vietnam will continue to improve the legal system and create favorable conditions for businesses to invest and do business in Vietnam.
Also on the afternoon of September 10, National Assembly Chairman Tran Thanh Man and Deputy Prime Minister Tran Hong Ha witnessed the handover ceremony of signed documents between a number of Vietnamese and Russian enterprises./.
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