Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.”

SOUTH-EAST Asia’s two largest economies are the newest recruits of Brics, lending significant clout to the bloc that already commands more than 40 per cent of the world’s gross domestic product as it seeks to strengthen its role as a counterbalance to the West.

By bno - Bangkok bureau Russia has publicly endorsed Vietnam's aspirations to join the influential BRICS bloc, a move that could significantly bolster Hanoi's global standing and economic prospects. This support was articulated in a joint communique released following a visit by Russian Prime Minister Mikhail Mishustin to Vietnam,

Russia is supporting Vietnam's potential entry into the BRICS group, despite Vietnam's hesitations over possible U.S. repercussions. Vietnam seeks to advance economic growth with U.S. backing, while Russia aims to strengthen Asian alliances amidst global isolation.

Russia aims to assist Vietnam in joining the BRICS bloc as a partner country, enhancing its participation in global economic discussions.

Vietnam is evaluating potential BRICS membership to ensure compatibility with its foreign policy goals and national capacities, according to a Ministry of Foreign Affairs spokesperson.

Indonesia’s non-oil and gas exports to the five major BRICS nations reached 84.37 billion USD in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).

Indonesia is hoping to cool down the global economic rivalry by joining the Russia and China-led BRICS, according to Indonesian Foreign Affairs Minister Sugiono.

HANOI. Jan 15 (Interfax) - Russia has pledged to facilitate Vietnam's cooperation with BRICS as a partner state.

JAKARTA: Indonesia’s entry into BRICS marks a strategic milestone for its domestic economy and global trade landscape, says Alexander Michael Tjahjadi, an Indonesian economist at the Indonesia China Partnership Studies think tank.

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” HANOI, Vietnam -- Russia will facilitate Vietnam's participation in the BRICS ...

Russia will facilitate Vietnam's participation in the BRICS bloc of developing economies as a partner country, the countries said in a joint statement on Wednesday after Russian Prime Minister Mikhail Mishustin's two-day visit to Hanoi.