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Friday, 19/9/2025 | 18:55 GMT+7

Vietnam, Malaysia aim for $18 billion trade target

National Assembly Chairman Tran Thanh Man met with the speakers of the Malaysian House of Representatives and Senate, agreeing to facilitate trade cooperation to achieve the $18 billion trade target.

During a meeting on 19/9 in Kuala Lumpur, Malaysian House Speaker Johari bin Abdul expressed confidence that National Assembly Chairman Tran Thanh Man's official visit would boost cooperation between the two legislatures. He said it would contribute to the effective implementation of the comprehensive strategic partnership and the success of the 46th ASEAN Inter-Parliamentary Assembly General Assembly (AIPA-46).

Both sides agreed on the need to further strengthen political trust and facilitate economic, trade, and investment cooperation to reach the $18 billion trade target. They emphasized a more balanced approach, focusing on potential areas such as halal products, renewable and green energy, digital transformation, agriculture, tourism, and education and training, according to the Ministry of Foreign Affairs.

Malaysian House Speaker Johari bin Abdul welcomes National Assembly Chairman Tran Thanh Man. Photo: TTXVN

The two countries agreed to strengthen maritime cooperation and collaborate effectively in addressing illegal, unreported, and unregulated (IUU) fishing. They aim to create conditions for the EU to lift the yellow card imposed on Vietnam's seafood industry. Vietnam and Malaysia will also increase people-to-people exchanges, especially among younger generations.

The Vietnamese National Assembly and the Malaysian Parliament will continue to work closely together, supporting each other at multilateral forums such as AIPA, the Inter-Parliamentary Union (IPU), and the Asia-Pacific Parliamentary Forum (APPF). This collaboration will contribute to maintaining peace, stability, and development in the region and the world.

Malaysian Senate President Awang Bemee Awang Ali Basah welcomes National Assembly Chairman Tran Thanh Man. Photo: TTXVN

The same day, Chairman Tran Thanh Man met with Malaysian Senate President Awang Bemee Awang Ali Basah. They agreed to promote the implementation of proposed cooperative measures. These include addressing legal bottlenecks to facilitate increased investment by Malaysian investors in Vietnam, developing the halal industry, collaborating on IUU fishing issues, and strengthening people-to-people exchanges.

Both sides affirmed their commitment to enhancing cooperation between the two legislatures. They plan to effectively monitor bilateral agreements, particularly the development of an action plan to implement the Vietnam-Malaysia comprehensive strategic partnership, including inter-parliamentary cooperation.

Chairman Tran Thanh Man requested Malaysia to create favorable conditions for the Vietnamese community living and working in Malaysia and to treat Vietnamese fishing boats and fishermen humanely. He expressed his deep sympathy for Malaysians affected by floods and landslides in several areas, hoping for a swift return to normalcy.

Both sides agreed to work with other ASEAN countries to build a united, inclusive, and resilient ASEAN, promoting ASEAN's central role, especially regarding the South China Sea issue, and contributing to regional and global peace, stability, and development.

Vu Hoang

By VnExpress: https://vnexpress.net/viet-nam-malaysia-huong-toi-muc-tieu-kim-ngach-thuong-mai-18-ty-usd-4941256.html
Tags: National Assembly Chairman Tran Thanh Man Malaysia Vietnam

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