Russia and Vietnam eye ship repair jv

Hanoi: Russia and Vietnam are currently planning to establish a joint venture to provide maintenance and repair for both civilian ships and military ships.

“The two parties are currently negotiating the details,” Vietnamese ambassador to Russia Fam Suan Shon revealed to public at a Russia-Vietnam cultural exchange event.

“Vietnam attaches greater significance to strengthening relations with Russia, which has always been its reliable partner in all spheres of life,” Fam said, adding that the two countries are also in negotiations on the establishment of a free trade zone. [20/06/14]

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