Vietnam - Malaysia relationship develops strongly

Thursday, 09/08/2018 10:00
Despite difficulties, the relationship between Vietnam and Malaysia is being reinforced and has developed strongly, gaining diverse achievements in trade, investment, defence, culture and people-to-people diplomacy.

Standing Vice Chairman of the Ho Chi Minh city People’s Committee Le Thanh Liem and Malaysian Consul General to Ho Chi Minh city Sofian Akmal Abd.Karim at the ceremony (Photo: hcmcpv.org.vn)

So confirmed Standing Vice Chairman of the Ho Chi Minh city People’s Committee Le Thanh Liem during a ceremony held on August 7th to mark the 45th anniversary of Vietnam - Malaysia diplomatic relations (March 30th).

According to Mr. Liem, the good political relationship helps boost trade and investment cooperation, making Malaysia Vietnam’s 8th largest trade partner with two-way trade turnover reaching over USD10 billion in 2017. Malaysia has 568 projects capitalized at over USD12 billion in Vietnam, while Vietnam has 11 projects worth USD756 million in Malaysia.

He stressed that Ho Chi Minh city was proud to have 50% of Malaysian trade and investment in Vietnam. “Ho Chi Minh city hopes to further increase the cooperation with Malaysia, especially in trade, investment, technology, education and tourism,” he added. “Being Malaysia’s neighbor and an active member of ASEAN, Vietnam and Malaysia will continue to work together for the benefit of the people and for peace, stability, cooperation and development in the region, and for a successful and strong ASEAN.”

Attending the ceremony, Malaysian Consul General to Ho Chi Minh city Sofian Akmal Abd. Karim expressed his pleasure with the achievements made by the two countries’ leaders and peoples.

He said that the relationship between the two countries had been continuously developed by expanding trade, investment and economic cooperation, and exchanging high ranking visits./.

Compiled by BTA

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