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<article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:ali="http://www.niso.org/schemas/ali/1.0/" article-type="research-article" dtd-version="1.2" xml:lang="en"><front><journal-meta><journal-id journal-id-type="publisher-id">The Russian Journal of Vietnamese Studies</journal-id><journal-title-group><journal-title xml:lang="en">The Russian Journal of Vietnamese Studies</journal-title><trans-title-group xml:lang="ru"><trans-title>Вьетнамские исследования</trans-title></trans-title-group></journal-title-group><issn publication-format="electronic">2618-9453</issn><publisher><publisher-name xml:lang="en">Institute of China and Contemporary Asia of the RAS</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">703812</article-id><article-id pub-id-type="doi">10.54631/VS.2026.102-703812</article-id><article-categories><subj-group subj-group-type="toc-heading" xml:lang="en"><subject>Scientific researches</subject></subj-group><subj-group subj-group-type="toc-heading" xml:lang="ru"><subject>Научные исследования</subject></subj-group><subj-group subj-group-type="article-type"><subject>Research Article</subject></subj-group></article-categories><title-group><article-title xml:lang="en">Features and localization of the Russian-speaking economy in Vietnam</article-title><trans-title-group xml:lang="ru"><trans-title>Особенности и локализация русскоязычной экономики во Вьетнаме</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-6451-6693</contrib-id><name-alternatives><name xml:lang="en"><surname>Lukyanets</surname><given-names>Artem S.</given-names></name><name xml:lang="ru"><surname>Лукьянец</surname><given-names>Артем Сергеевич</given-names></name></name-alternatives><address><country country="RU">Russian Federation</country></address><bio xml:lang="en"><p>Ph.D (Economy), Assoc. Prof., Leading Researcher, Institute of Social Demography of the Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences; Lomonosov Moscow State University, Associate Professor of the Department of Financial Management, Faculty of Public Administration</p></bio><bio xml:lang="ru"><p>канд. экон. наук, доцент, в.н.с., Институт социальной демографии, Федеральный научно-исследовательский социологический центр Российской академии наук; Московский государственный университет имени М.В. Ломоносова, доцент кафедры финансового менеджмента, факультет государственного управления</p></bio><email>artem_ispr@mail.ru</email><xref ref-type="aff" rid="aff1"/><xref ref-type="aff" rid="aff2"/></contrib></contrib-group><aff-alternatives id="aff1"><aff><institution xml:lang="en">Federal Center of Theoretical and Applied Sociology of the Russian Academy of Sciences</institution></aff><aff><institution xml:lang="ru">Федеральный научно-исследовательский социологический центр Российской академии наук</institution></aff></aff-alternatives><aff-alternatives id="aff2"><aff><institution xml:lang="en">Lomonosov Moscow State University</institution></aff><aff><institution xml:lang="ru">Московский государственный университет имени М.В. Ломоносова</institution></aff></aff-alternatives><pub-date date-type="pub" iso-8601-date="2026-07-10" publication-format="electronic"><day>10</day><month>07</month><year>2026</year></pub-date><volume>10</volume><issue>2</issue><issue-title xml:lang="en"/><issue-title xml:lang="ru"/><fpage>35</fpage><lpage>47</lpage><history><date date-type="received" iso-8601-date="2026-03-05"><day>05</day><month>03</month><year>2026</year></date><date date-type="accepted" iso-8601-date="2026-07-07"><day>07</day><month>07</month><year>2026</year></date></history><permissions><copyright-statement xml:lang="en">Copyright ©; 2026, Lukyanets A.S.</copyright-statement><copyright-statement xml:lang="ru">Copyright ©; 2026, Лукьянец А.С.</copyright-statement><copyright-year>2026</copyright-year><copyright-holder xml:lang="en">Lukyanets A.S.</copyright-holder><copyright-holder xml:lang="ru">Лукьянец А.С.</copyright-holder><ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/><license><ali:license_ref xmlns:ali="http://www.niso.org/schemas/ali/1.0/">https://creativecommons.org/licenses/by-nc-nd/4.0</ali:license_ref></license></permissions><self-uri xlink:href="https://vietnamjournal.ru/2618-9453/article/view/703812">https://vietnamjournal.ru/2618-9453/article/view/703812</self-uri><abstract xml:lang="en"><p>The study examines the characteristics of the presence and location of Russian-owned businesses in the context of contemporary international economic relations. This topic is relevant due to the growing trade and investment cooperation between Russia and Vietnam, especially considering the tenth anniversary of the Free Trade Agreement between the Eurasian Economic Union (EAEU) and Vietnam, and increasing importance of Asia to the Russian economy. This paper examines the historical background of Russian-Vietnamese relations, analyses the current state of economic collaboration, and identifies prospects for future development. Particular attention is given to the operational characteristics of major Russian-Vietnamese enterprises, whose activities make a significant contribution to the economies of both countries. The study also examines the activities of Russian-owned businesses in Vietnam across various sectors, including tourism, real estate, and services. The study identifies the main obstacles to the development of cooperation between Russia and Vietnam. These include logistical difficulties, regulatory constraints, cultural differences, and the peculiarities of the local business environment. Despite these challenges, the prospects for expanding Russian business presence in Vietnam remain promising in the current geopolitical situation. The study demonstrates that there is significant potential for the further development of economic relations between two countries, provided that these barriers can be overcome, and businesses can adapt to the local market conditions. The findings of this research may contribute to the development of strategies for Russia-Vietnam cooperation and to the optimization of the activities of Russian companies operating in Vietnam.</p></abstract><trans-abstract xml:lang="ru"><p>В исследовании рассматриваются особенности присутствия и специфика локализации русскоязычного бизнеса в контексте современных международных экономических отношений. Актуальность темы обусловлена углублением торгово-инвестиционного сотрудничества России и СРВ в свете 10-летия соглашения о зоне свободной торговли между ЕАЭС и Вьетнамом, а также растущей значимости азиатского направления для российской экономики. В работе рассмотрены исторические аспекты российско-вьетнамских отношений, проанализировано современное состояние экономического сотрудничества и выявлены перспективы его развития. Отдельное место в работе отведено особенностям функционирования крупнейших российско-вьетнамских предприятий, деятельность которых вносит существенный вклад в экономику обеих стран. Внимание также уделено анализу деятельности русскоязычного бизнеса во Вьетнаме, включая сферы туризма, недвижимости и услуг. Выявлены основные препятствия развития сотрудничества, среди которых логистические сложности, регуляторные ограничения, культурные барьеры и особенности местного бизнес-климата. Рассмотрены перспективы расширения присутствия российского бизнеса во Вьетнаме с учетом текущих геополитических вызовов. Исследование демонстрирует значительный потенциал дальнейшего развития экономических отношений при условии преодоления существующих барьеров и адаптации к местным условиям ведения бизнеса. Результаты исследования могут быть использованы для формирования стратегии развития российско-вьетнамского сотрудничества и оптимизации деятельности отечественных компаний на вьетнамском рынке.</p></trans-abstract><kwd-group xml:lang="en"><kwd>Vietnam</kwd><kwd>the Eurasian Economic Union</kwd><kwd>Russian-speaking business</kwd><kwd>international trade</kwd><kwd>investment</kwd><kwd>economic partnership</kwd></kwd-group><kwd-group xml:lang="ru"><kwd>ЕАЭС</kwd><kwd>Вьетнам</kwd><kwd>русскоязычный бизнес</kwd><kwd>международная торговля</kwd><kwd>инвестиции</kwd><kwd>экономическое партнерство</kwd></kwd-group><funding-group><award-group><funding-source><institution-wrap><institution xml:lang="en">Russian Science Foundation</institution></institution-wrap><institution-wrap><institution xml:lang="ru">Российский научный фонд</institution></institution-wrap></funding-source><award-id>22–68–00210</award-id></award-group><funding-statement xml:lang="en">The research was conducted with the financial support of the Russian Science Foundation as part of project No. 22-68-00210, https://rscf.ru/project/22-68-00210</funding-statement><funding-statement xml:lang="ru">Исследование выполнено при финансовой поддержке Российского научного фонда в рамках проекта № 22–68–00210, https://rscf.ru/project/22-68-00210</funding-statement></funding-group></article-meta></front><body></body><back><ref-list><ref id="B1"><label>1.</label><mixed-citation>ASEAN na puti integratsii: dostizheniya, vyzovy, dilemmy: kollektivnaya monografiya [ASEAN on the path of integration: achievements, challenges, dilemmas: collective monograph] / pod redaktsiey V. 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