HANOI, November 13. /TASS/. Trade turnover between Russia and Vietnam grew by 6% last year to over $6 bln, whereas in the first half of 2026 it saw a further 14% increase, Russian Federation Council Speaker Valentina Matviyenko said.

"Our trade and economic cooperation is showing positive momentum. Last year trade turnover between our countries grew by 6% to over $6 bln. In the first half of this year, it increased by another 14%. We believe the growth for the year as a whole will also be substantial," she said at a plenary session of the National Assembly of the Socialist Republic of Vietnam

The countries are progressively shifting to using national currencies for financial settlements and establishing reliable channels for banking and credit cooperation, Matviyenko added. "A key role here is played by the Vietnam-Russia Joint Venture Bank, which, incidentally, will mark its 20th anniversary this November," she noted.