VIETNAM and Malaysia agreed to work together to achieve the bilateral trade turnover target of US$18 bil (RM84.69 bil) by creating more favourable conditions for the products and services of the two countries including ‘Halal’ products, to penetrate the consumer markets in Vietnam and Malaysia.
Vietnam’s industry and trade minister Nguyen Hong Dien and Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Aziz reaffirmed their commitment to strengthen and promote bilateral trade relations between Vietnam and Malaysia during their working session in Hanoi.
Vietnam News Agency reported that the two ministers co-chaired the fourth meeting of the Vietnam-Malaysia Joint Trade Committee.
At the meeting, Dien affirmed that Malaysia is an important partner of Vietnam, especially in trade and investment, noting that more and more Malaysian businesses are investing effectively in Vietnam.
Dien made many suggestions to promote bilateral trade between the two countries.
For his part, Tengku Zafrul stated that Malaysia has high expectations for trade and investment cooperation with Vietnam.
At the end of the meeting, the two ministers signed a joint statement of the fourth meeting of the Vietnam-Malaysia Joint Trade Committee.
On June 8, the committee’s technical meeting was held in Hanoi, where both sides expressed satisfaction with the development and achievements in economic, scientific, and technical cooperation between the two countries, since the committee’s third meeting on April 25, 2015, in Kuala Lumpur.
Both sides confirmed their commitment to effectively implement the agreements made during Prime Minister Datuk Seri Anwar Ibrahim’s official visit to Vietnam from July 20 to 21, 2023.
They emphasised the importance of promoting trade, investment, and strengthening economic ties in areas of mutual interest. – July 10, 2024
