In its press release, the ministry said that during histrip, the PM will hold meetings with Vietnamese top leaders, and witnessthe exchange of Memoranda of Understanding (MOUs) between ministries andagencies of Malaysia and Vietnam in various sectors to enhance bilateral tradeand investment.
He is also scheduled to attend the Malaysia-VietnamJoint Business Conference and a session with representatives from the Malaysiancommunity.
“As the year 2023 also marks the Golden Jubilee of theestablishment of diplomatic relations, the visit provides the opportunity tofurther strengthen the relationship,” the ministry said.
Total bilateral trade increased by 23.1%, from 16.74 billionUSD in 2021 to 19.44 billion USD in 2022. Malaysia is also the ninth largestinvestor in Vietnam, with a total capital of 13.06 billion USD./.