As the Russian PM Medvedev arrives in Vietnam for a visit, on his agenda will be to seek access to the Vietnamese port Cam Ranh for the Russian Navy. Vietnam is already an important export market for Russian arms.
The satellite launch company Sea Launch, which launches satellites on rockets from a mobile sea platform that have its main land service base in San Diego in California, is contemplating to move its operations to Cam Ranh. Sea Launch is majority owned by the Russian company Energia since emerging from bankruptcy in 2010.
Russia currently only has one naval base on foreign soil, Tartus in Syria, which is under threat from the civil war in Syria. In addition to Vietnam, Russia is in talks with Cuba and the Seychelles on establishing bases for its navy.