17 July 2017

Deputy PM Truong Hoa Binh’s recent visit to Malaysia hailed

Deputy Prime Minister Truong Hoa Binh (L) and his Malaysian counterpart Ahmad Zahid Hamidi (Source: VNA)


Hanoi (VNA) –Malaysia and Vietnam are exploring opportunities to
further enhance bilateral ties, especially on security matters and areas of
mutual interest, according to Malaysia’s national news agency Bernama.

This was discussed at a meeting between Malaysian
Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi and his Vietnamese
counterpart Truong Hoa Binh during the latter’s recent three-day visit to
Malaysia.

In a statement after the meeting, Ahmad Zahid expressed his hope that the
engagement between Malaysia and Vietnam during the July 11-13 visit would pave
the way for lifting bilateral relations to a new level.

The Malaysia-Vietnam relationship, which enters the 44th year
now, has progressed well in a comprehensive and substantive manner, he said,
adding that both countries enjoy solid ties in various sectors including trade
and investment, education, security, defence and people-to-people relations.

Ahmad Zahid, who is also Home Minister, said Malaysia was confident that
relations with Vietnam could be further improved, especially in areas like
trade and investment, finance, defence and security.

Other areas included agriculture, education, manpower, culture, youth and
sports, tourism and transportation, he said.

Last year, the value of trade and investment
between Malaysia and Vietnam amounted to 10.3 billion USD.

Following the
signing of the Malaysia-Vietnam Strategic Partnership agreement in 2015, both
countries agreed to increase two-way trade and investment to 15 billion USD by
2020.

Earlier, the Malaysian Foreign Ministry issued an announcement
on the visit, saying that it was expected to open new opportunities for Vietnam
and Malaysia to continue consolidating their ties as well as create foundations
for the two nations to build a closer relationship and further enhance mutual
understanding.-VNA 



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