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Vietnam, Malaysia seek to expand trade ties

Vietnam and Malaysia are targeting to raise bilateral trade to 25 billion USD by 2025.
Vietnam, Malaysia seek to expand trade ties ảnh 1Vietnamese Ambassador to Malaysia Le Quy Quynh speaks at the conference in Kuala Lumpur on July 29 (Photo: VNA)

Kuala Lumpur (VNA) – Vietnam and Malaysia are targeting to raisebilateral trade to 25 billion USD by 2025.

A programme to realise the target is expected to be signed during an officialvisit by Malaysian Prime Minister Mahathir Mohamad to Vietnam next month, Ambassadorto Malaysia Le Quy Quynh said at a conference in Kuala Lumpur on July 29.

Jointly held by the Vietnamese Embassy in Malaysia and the Vietnam Businesses’Association in Malaysia, the event, which aimed to connect Vietnamese andMalaysian enterprises and those from other countries, attracted representativesfrom over 200 firms of Vietnam, Malaysia and Cambodia and Thailand.

According to the ambassador, Vietnam and Malaysia signed an agreement onfive-year action programme for 2015-2020, aiming to lift bilateral tradeturnover to 15 billion USD in 2020.

On the occasion, Vietnamese Ambassador to Malaysia Le Quy Quynh hailed theVietnamese business community in Malaysia for its contributions toVietnam-Malaysia relations.-VNA
VNA
#Vietnam-Malaysia relations#Vietnam-Malaysia trade#Vietnamese Ambassador to Malaysia Le Quy Quynh#Vietnam Businesses’ Association in Malaysia#Vietnamese Embassy in Malaysia#updated Vietnam news#Vietnamplus#Vietnam News Agency
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