HCMC – Vietjet has announced three new direct routes connecting Vietnam with Russia, including services from Danang City to Moscow and from Khanh Hoa Province to Kazan and Novosibirsk, as the two countries seek to deepen trade and investment ties.
The announcement was made in the presence of Prime Minister Le Minh Hung during the Vietnam-Russia trade and investment connectivity program held in Kazan on June 17.
The event, jointly organized by the Vietnam Chamber of Commerce and Industry (VCCI), the Vietnamese Embassy in Russia, Russia’s Association of Exporters and Importers and Vietjet, brought together representatives of more than 100 leading businesses from both countries to explore opportunities in emerging supply chains.
The launch of direct flights to Moscow, Kazan and Novosibirsk marks a major expansion of air links between the two countries, which have faced transportation disruptions in recent years due to geopolitical developments. The new services from Danang and Khanh Hoa are expected to improve connectivity for tourists, business travelers and investors while facilitating the movement of high-value goods.
The program also saw the exchange and signing of a series of cooperation agreements between major Vietnamese and Russian companies.
Among them were the investment certificate for production-sharing contracts (PSC) covering Blocks 01/17 and 02/17 on Vietnam’s continental shelf between Petrovietnam and Zarubezhneft; cooperation agreements in energy and science and technology between Petrovietnam and Novatek and Rosatom; a memorandum of understanding between the State Capital Investment Corporation (SCIC) and the Russian Direct Investment Fund (RDIF); and strategic cooperation agreements involving Sovico Group, HDBank, Zarubezhneft and Anex Tour aimed at promoting international tourism flows.
According to the Ministry of Finance, Vietnam’s economy was valued at US$514 billion, while two-way trade between Vietnam and Russia reached US$2.16 billion in the first five months of 2026.
The participation of financial institutions and sovereign investment funds such as SCIC, RDIF and HDBank, together with new offshore oil and gas commitments, points to broader cooperation beyond traditional sectors. Improved air connectivity and closer economic ties could help deepen trade and investment links between the two countries.
