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Vietnam one of Malaysia’s closest partners: Ambassador

March 29, 2023 by en.qdnd.vn

In an interview granted to the Vietnam News Agency on the occasion of the 50th anniversary of the Vietnam - Malaysia diplomatic ties (March 30, 1973 - 2023), the diplomat also said the two countries entered into a strategic partnership in 2015, adding that implementing the Plan of Action (POA) for the 2021-2025 period, both countries are further strengthening bilateral relations and have reaped tremendous benefits. Two-way trade turnover reached some USD 19.4 billion in 2022, a 16% increase compared to 2021. Vietnam was Malaysia’s 12th-largest trading partner last year and fourth-largest in ASEAN, after Singapore, Indonesia, and Thailand. Malaysia and Vietnam should take full advantage of bilateral and multilateral initiatives to boost trade, such as the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), the diplomat said. Regarding investment relations, he said Vietnam remains one of the most … [Read more...] about Vietnam one of Malaysia’s closest partners: Ambassador

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