Vietnam, Malaysia should lift bilateral trade to 20 billion USD by 2025: President
President Nguyen Xuan Phuc said he wants Vietnam and Malaysia to lift bilateral trade to 20 billion USD by 2025 during a reception for outgoing Ambassador of Malaysia to Vietnam Dato Sharifah Norhana Syed Mustaffa on January 20 afternoon.
President Nguyen Xuan Phuc (right) bids farewell to theoutgoing Ambassador of Malaysia to Vietnam, Dato Sharifah Norhana Syed Mustaffa, on January 20 afternoon. (Photo: VNA)
Hanoi (VNA) – President Nguyen Xuan Phuc said he wants Vietnam and Malaysia to lift bilateral trade to 20 billion USD by 2025 during a reception for outgoing Ambassador of Malaysia to Vietnam Dato Sharifah Norhana Syed Mustaffa on January 20 afternoon.
Phuc highly regarded the Malaysian diplomat for her outstanding contributions to promoting the strategic partnership between the two countries during her mission in Vietnam. Vietnam and Malaysia have boasted effective partnership at regional and global forums thanks to her efforts to strengthen information exchange between the two sides, he said.
He highlighted that the bilateral ties have grown constantly in various fields despite COVID-19 challenges, with two-way trade reaching 12.5 billion USD in 2021, up 25.5 percent from the previous year.
There is plenty of room for bilateral trade and investment to thrive, the President noted.
He expected Malaysia to facilitate imports of Vietnamese goods, especially agricultural and Halal products, as well as cooperation in education, tourism and labour, and mutual recognition of each other’s vaccine passport; and recover post-pandemic cooperation outlined in the Action Plan for the 2021-2025 period.
Phuc also asked the two sides to coordinate more closely so they can work together with other ASEAN member states to promote the bloc’s unity, common voice and centrality in ensuring peace, security and stability in the East Sea, promote the implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) and negotiate for an effective and practical Code of Conduct for the East Sea (COC) in line with international law, including the 1982 UN Convention on the Law of the Sea (UNCLOS).
For her part, Ambassador Dato Sharifah Norhana Syed Mustaffa described Vietnam as a fast-growing economy and one of the most successful emerging markets. She hoped that Vietnam and Malaysia will advance their relations to a new height, particularly in trade and investment./.
The Defence Ministries of Vietnam and Malaysia should consider setting up suitable dialogue mechanisms, including defence policy dialogue at the deputy minister level and joint working group on defence cooperation, thus creating a foundation for practical collaboration activities, officers have suggested.
The second Vietnam-Malaysia Senior Officials’ Strategic Dialogue took place virtually on April 28 under the chair of Assistant to the Foreign Minister Pham Quang Hieu and Deputy Secretary General at the Malaysian Ministry of Foreign Affairs Amran Bin Mohamed Zin.
Vietnamese Minister of Foreign Affairs Bui Thanh Son and his Malaysian counterpart Saifuddin Abdullah co-chaired the sixth meeting of the Vietnam – Malaysia Joint Committee for Economic, Scientific and Technological Cooperation on November 15.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
President Nguyen Xuan Phuc (right) bids farewell to theoutgoing Ambassador of Malaysia to Vietnam, Dato Sharifah Norhana Syed Mustaffa, on January 20 afternoon. (Photo: VNA)
