Russia and the Socialist Republic of Vietnam (SRV) signed memorandums and agreements on the main areas of cooperation. The main document is the Declaration on Strategic Partnership of 2001, the main purpose of which is the development of cooperation in the new international conditions. Vietnam is one of the leading countries in the Asia-Pacific Region (APR) in terms of the main indicators of economic development, which was facilitated to a certain extent by the expansion of trade cooperation with other countries and the active attraction of foreign investment. Prior to the emergence of COVID-19, economic growth rates reached 6-7% annually, which determined the best indicator in international statistics. The country is confidently carrying out reforms in industry, the agricultural and financial sectors, and the social sphere. Vietnam and the EAEU signed an important document, the Agreement on the Free Trade Area, which began to be put into practice in 2016. Russia and Vietnam, as participants in the integration process in the Eurasian space, are successfully cooperating in a multilateral format, primarily in the industrial, energy and trade spheres. The trade turnover between Vietnam and Russia in 2020 amounted to 5.7 billion US dollars (this is more than 80% of the total trade turnover between Vietnam and the EAEU countries). At the present stage, relations are based on mutual benefit, and have the character of long-term interests in the field of economy and energy. At the present stage, relations are based on mutual benefit, and have the character of long-term interests in the field of economy and energy. The two countries have created a solid legislative and conceptual framework that allows building a strategic partnership and finding new areas for mutually beneficial cooperation.