Vietnam-Malaysia bilateral trade hits US$4 billion

 The two-way trade turnover between Vietnam and Malaysia hit more than US$4 billion in 2011 and is expected to reach US$7 billion in the next few years.  

This information was released on September 13 at a gathering to mark the 54th Malaysian National Day held by the Ho Chi Minh City Chapter of the Vietnam Union of Friendship Organisations.

Malaysian Consul General Shazryll Zahiran and Chairman of the Vietnam-Malaysia Friendship Association in Ho Chi Minh City said the friendship and cooperative relations between the two countries have been developing strongly in the fields of politics, diplomacy, economics, trade, investment, education, training, tourism, defence and security.

The value of bilateral trade between the two countries has continuously risen with more Malaysian investors doing business in Vietnam.

(VOV)

• Organic agricultural production head for sustainability (22/07)
• Australia’s Victoria state wants to boost ties with Vietnamese localities (22/07)
• Promising breakthrough with strategic planning vision (22/07)
• Vietnam, Brazil promote cooperation in potential fields (21/07)
• Measures suggested to boost startups’ access to capital (21/07)
• Economic linkage belts throughout southern region necessary: insiders (20/07)
• Binh Duong well implement assistance of loans to people of poverty and social privileges (20/07)
• Binh Duong Young Entrepreneurs Association looks for business connection opportunities (20/07)