Vietnam Seeks Russian Energy Deals Amid Global Crisis

Why Vietnam is leaning on Russia to weather energy turmoil

Vietnam is among Southeast Asian countries most hard-hit by the global energy crisis, with Hanoi’s bid to forge deals with Russia this week laying bare its urgency to stem the bleed that may threaten its objective of double-digit economic growth. Observers also say the fallout in fuel supply caused by the Iran war could even chip away at the legitimacy of Hanoi’s new leadership. Vietnamese Prime Minister Pham Minh Chinh’s official visit to Russia this week reportedly saw the signing of severa...

By Maria Siow