Russia, Vietnam create joint investment platform

The platform will focus on strategic investments.

The platform will focus on strategic investments.

Each country will invest $250 million in the platform.

The Russian Direct Investment Fund (RDIF) and the Vietnamese State Capital Investment Corporation (SCIC) have signed a memorandum on the creation of an investment platform.

The joint platform will focus on projects that meet Russian-Vietnamese strategic interests, RDIF said in a press release.

Under the agreement, the RFID and the SCIC will each invest $250 million for projects to promote the strengthening of foreign trade, increasing foreign direct investment between Vietnam and Russia, and also developing medium and large Vietnamese businesses in Russia, the press release said.

Read more: Cheap ruble helps boost Russian high-tech exports to Thailand

Subscribe to RBTH's Asia-related content

* indicates required


All rights reserved by Rossiyskaya Gazeta.

We've got more than 2 million followers on Facebook. Join them!
Read more

This website uses cookies. Click here to find out more.

Accept cookies