ASSESSMENTS

Russia Strengthens Ties With Vietnam

Dec 12, 2013 | 10:05 GMT

Summary

Editor's Note: This is the first of a three-part series about Russia's intensifying focus on East Asia. Part 1 examines Russia's traditional interests in the region and its closer relationship with Vietnam. Part 2 will examine Russia's interests in Northeast Asia and its efforts to strengthen ties with South Korea. Part 3 will examine Russia's relationship with India, including the countries' shared interest in constraining China. 

Recent challenges in exporting energy to Europe have made an orientation toward Asia more desirable for Moscow. Russia's economy depends on hydrocarbon exports, and while Western Europe is attempting to become less dependent on Russia by seeking new energy sources, Asian markets have large and indiscriminate appetites for energy.

Although Russia's focus in Asia traditionally has been on China, Japan and South Korea, it also has ties to Southeast Asia, which remains a strategically significant — though not absolutely essential — area for Moscow's efforts to extend its influence and energy exports eastward. Notably, Moscow recently struck a spate of energy and defense deals with Hanoi in an effort to strengthen their relationship, open up new markets for Russian energy and balance against China's moves in Central Asia. Moscow's moves into Asia through Vietnam are proceeding piecemeal, paralleling Russian moves elsewhere in the region.

Moscow is strengthening its relationship with Hanoi to open new energy markets and counterbalance China....

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