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Joint press statement between Vietnam and Malaysia

Joint press statement between Vietnam and Malaysia
Prime Minister Pham Minh Chinh welcomes Malaysian Prime Minister Dato’ Sri Ismail Sabri Yaakob. (Photo: Nguyen Hong)

1. At the invitation of Prime Minister of the Socialist Republic of Vietnam Pham Minh Chinh, Malaysian Prime Minister Dato’ Sri Ismail Sabri Yaakob paid an official visit to Vietnam from March 20-22.

The visit demonstrates the strong commitment of the two sides in consolidating the long-term friendship, cooperation and strategic partnership towards a sustainable recovery in the post-Covid-19 pandemic.

2. Within the framework of the visit, Prime Minister Dato’ Sri Ismail Sabri Yaakob attended the official welcome ceremony and held talks with Prime Minister Pham Minh Chinh, paid a courtesy visit to General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, Chairman President Nguyen Xuan Phuc and Chairman of the National Assembly Vuong Dinh Hue.

3. Prime Minister Dato’ Sri Ismail Sabri Yaakob and Prime Minister Pham Minh Chinh witnessed the exchange of cooperation documents, including the Memorandum of Understanding between the Government of Vietnam and the Government of Malaysia on legal cooperation; Memorandum of Understanding between the Government of Vietnam and the Government of Malaysia on recruitment, employment and labor repatriation.

The two sides signed a Letter of Intent on facilitating the completion of a Memorandum of Understanding between the Institute of Diplomatic and Foreign Relations of Malaysia and the Diplomatic Academy of Vietnam in the field of cooperation in training diplomatic staff.

The two sides also welcomed the signing of a cooperation agreement between the Malaysian National News Agency (BERNAMA) and the Vietnam News Agency.

Joint press statement between Vietnam and Malaysia
The two Prime Ministers witnessed the signing of the Letter of Intent on Facilitating the Finalization of the Memorandum of Understanding between the Malaysian Institute of Foreign and Diplomatic Relations and the Diplomatic Academy of Vietnam. (Photo: Nguyen Hong)

Strengthening the Vietnam-Malaysia Strategic Partnership

4. The two leaders highly appreciated the strong and substantive development of the strategic partnership between the two countries.

The two sides agreed to strengthen political trust and develop the Vietnam-Malaysia strategic partnership to become more extensive and comprehensive, especially in the context that the two countries are looking forward to celebrating the 50th anniversary of the establishment of the Vietnam-Malaysia relationship. bilateral diplomatic relations in 2023.

5. The two sides affirmed their commitment to deepening political and economic cooperation by promoting and maintaining regular high-level contacts, consolidating existing bilateral cooperation mechanisms, especially especially the Joint Committee on Economic, Scientific and Technological Cooperation (JCM) and the Joint Committee on Trade (JTC).

The two sides agreed to maintain coordination to effectively implement the signed agreements, including the Vietnam-Malaysia Action Plan to implement the Strategic Partnership for the 2021-2025 period.

6. The Leaders emphasized the importance of firmly promoting two-way trade in a balanced and sustainable direction, striving to achieve the goal of bringing bilateral trade turnover to 18 billion USD by 2025, progressing to to balance trade between the two countries.

Accordingly, the two sides agreed to facilitate the opening of markets for the two main export products, including agricultural and aquatic products, Halal products, processed foods, components. and finished electronic products,…

7. Vietnamese leaders highly appreciated Malaysia’s role as the second largest investor in ASEAN in Vietnam with a total registered investment capital of up to 13 billion USD. The two sides agreed to expand investment cooperation between the two countries, especially in fields with great potential such as automation, smart logistics, creativity, high technology, digital economy, digital transformation, etc. …

The Leaders also agreed to step up coordination to make effective use of new-generation Trade Agreements that the two countries are participating in, including the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Agreement on Regional Comprehensive Economic Partnership (RCEP), contributing to strengthening trade relations between the two countries.

8. The Leaders expressed satisfaction with the results achieved in defense and security cooperation; agreed to strengthen information exchange and coordination between the navies and coast guards of the two countries in order to effectively respond to issues arising at sea.

The two sides support the promotion of maritime and ocean cooperation in priority areas such as sustainable development of the marine economy, resource management and marine environmental protection.

9. The two sides called for the effective implementation of the newly renewed Memorandum of Understanding between the Government of Vietnam and the Government of Malaysia on Recruitment, Employment and Labor Repatriation. The Leaders pledged to continue to strengthen people-to-people exchanges through expanding cooperation in the fields of education, culture and tourism.

10. Malaysia will continue to support Vietnamese officials to participate in training and capacity building activities within the framework of the Malaysia Technical Cooperation Program (MTCP).

Together with recovery towards sustainable socio-economic development

11. The Leaders reaffirmed the importance of promoting cooperation towards ensuring the resilience and sustainable development of the economy in the post-Covid-19 period.

The two sides agreed to accelerate the negotiation of a new bilateral aviation agreement and welcomed the early completion of the agreement on mutual recognition of vaccine certificates, contributing to facilitating the organization of flights. safe and routine international trade between two countries.

Regional and international cooperation

12. The Leaders discussed recent major regional and international developments. The two sides pledged to strengthen coordination in building the ASEAN Community, including the ASEAN Community Vision after 2025, under the role of permanent coordinator of Malaysia.

The two Leaders supported ASEAN’s active role in assisting Myanmar to overcome the current crisis and return to normalcy, including the implementation of the ASEAN Five-Point Consensus on Myanmar.

13. The Leaders reiterated ASEAN’s consistent stance on the East Sea and reaffirmed the importance of maintaining peace, security, stability, safety, and freedom of navigation and overflight in the East Sea. , resolve disputes peacefully, without the threat or use of force, in accordance with principles widely recognized by international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS) .

The two sides called for the full and effective implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) and were encouraged by the progress of specific negotiations on the Code of Conduct in the East Sea (COC) towards substantive and effective, in line with international law, including UNCLOS 1982. The two sides emphasized the need to maintain and promote a favorable environment for COC negotiations.

14. The two sides were satisfied with the important results achieved during the visit, which contributed to further strengthening the friendship and strategic partnership between Malaysia and Vietnam.

Prime Minister Dato’ Sri Ismail Sabri Yaakob highly appreciated the warm and sincere welcome that the Vietnamese leaders and people gave the Malaysian delegation during the visit. On this occasion, the Malaysian Prime Minister invited Vietnamese leaders to visit Malaysia at an appropriate time.

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