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Official Gazette

Monday, May 23, 2022

Vietnam, Malaysia agree to boost cooperation in all fields

Updated: 10:03’ - 22/03/2022
Prime Minister Pham Minh Chinh held talks with his Malaysian counterpart Dato’ Sri Ismail Sabri bin Yaakob in Hanoi on March 21, where the two agreed to boost bilateral cooperation for post-pandemic socio-economic recovery and development. 

Prime Minister Pham Minh Chinh welcomes Malaysian Prime Minister Dato’ Sri Ismail Sabri bin Yaakob in Hanoi on March 21.__Photo: VNA

They held talks right after a welcome ceremony for the Malaysian leader at the Presidential Palace. This is the Malaysian PM's first tour to Vietnam since he took office in August 2021.

The two leaders agreed to increase exchanges of delegations at all levels; effectively promote bilateral cooperation mechanisms; effectively carry out the action plan during the 2021-25 period implementing the Vietnam-Malaysia strategic partnership; expand people-to-people exchanges and prepare to organize activities to celebrate the 50th anniversary of the establishment of the diplomatic ties between the two countries in 2023.

Assessing cooperation in economy, trade and investment as a highlight in the bilateral relations, the two PMs affirmed that there remain many potentials for the two countries to exploit and develop; and agreed to soon increase the two-way trade turnover to USD 18 billion or higher by 2025, increase trade exchanges and cooperation for products that are strengths of both countries such as agricultural and fisheries products, food industry and electronic components, and study an initiative to build a mechanism on information exchanges in the field of trade defense between the two countries.

Malaysian PM Dato’ Sri Ismail Sabri bin Yaakob affirmed that the country is ready to support Vietnam to further develop a Halal industry. PM Chinh suggested Malaysian companies increase investment in Vietnam in the fields of supporting industry, high-quality infrastructure, innovation, high technology and application of information and technology in digital transformation.

The two PMs appraised the cooperation results between the two countries, particularly in national defense and security; and agreed to soon sign a memorandum of understanding on bilateral national defense cooperation, and enhance cooperation in network security and maritime cooperation.

They also discussed measures to promote bilateral cooperation in other important fields such as food security, labor, education, science and technology, culture, sports and tourism.

The two sides applauded the agreement reached by two countries on mutual recognition of vaccine certificates, creating conditions for people-to-people exchanges between the two countries, particularly when Vietnam has reopened for tourism from March 15 and Malaysia plans to reopen tourism from April 1.

At the talks, PM Chinh affirmed that the visit to Vietnam by the Malaysian PM has special meaning, creating a motivation to strengthen and promote the Vietnam-Malaysia cooperation, particularly as the strategic partnership between the two countries has gone the first seven years and the two sides prepare to celebrate the 50th anniversary of the diplomatic ties. 

Malaysian PM Dato’ Sri Ismail Sabri bin Yaakob praised the achievements of Vietnam over the past years and spoke highly of the role of the Party and State of Vietnam in leading the country to safely adapt and effectively control the COVID-19 pandemic while boosting socio-economic recovery and development.

He affirmed that Malaysia always puts a high priority on enhancing relations with Vietnam - its sole strategic partnership in the Southeast Asian region.

The two PMs discussed regional and international issues of common concern. They agreed to coordinate to build a united ASEAN in handling emerging issues in the region.

The Malaysian PM is scheduled to meet Party General Secretary Nguyen Phu Trong, President Nguyen Xuan Phuc and Chairman of the National Assembly Vuong Dinh Hue later the same day. 

The two PMs witnessed the exchange of four cooperation documents after the talks, including a Letter of Intent on Cooperation between the two Diplomatic Academies of the two foreign ministries, a Memorandum of Understanding on legal cooperation between the two governments, a Memorandum of Understanding on recruitment, employment and laborer repatriation between the two governments, and a cooperative agreement between the Vietnam News Agency (VNA) and the Malaysian National News Agency (Bernama).__(VNS/VLLF)

 

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