Business association helps connect Vietnamese, Malaysian firms

The Vietnam – Malaysia Business Association (VMBIZ) and the Malay Chamber Of Commerce Malaysia (MCCM) signed a memorandum of understanding (MoU) on cooperation at a ceremony in Kuala Lumpur on December 7.

The VMBIZ and the MCCM will further promote trade and investment between the two countries in the coming time, especially in food and agricultural sectors. - Illustrative image (Photo: VNA)

Kuala Lumpur (VNA) – The Vietnam – MalaysiaBusiness Association (VMBIZ) and the Malay Chamber Of Commerce Malaysia (MCCM) signeda memorandum of understanding (MoU) on cooperation at aceremony in Kuala Lumpur on December 7.

In her remarks, VMBIZ Vice President NguyenThi Thanh Van said the MoU marks an impressive milestone in the association'soperation, opening potential cooperation opportunities between Vietnamesebusinesses operating in Malaysia and enterprises of the two countries.

Theassociation plans to organise a Week of Vietnamese High-QualityGoods inMalaysia on the occasion of the 50th founding anniversary of the bilateral diplomaticrelations, she said.

MCCM President Soh Thian Lai expressed his delight at impressiveresults in trade and investment promotion activities between Vietnam andMalaysia in 2022, saying that his agency will strengthen coordination with the VMBIZ to further promote trade and investment betweenthe two countries in the coming time, especially in food and agriculturalsectors.

Standing Vice Chairman and SecretaryGeneral of the Business Association of Overseas Vietnamese (BAOOV) Peter Hong affirmed the VMBIZ has been contributing to improving theefficiency of the implementation of the project ‘Mobilissing overseas Vietnamese to introduce, consume, and develop distribution channels for domestic products abroad in the 2020-2024period' (Project 1797).

On the occasion,  the VMBIZ and eight individuals were presented with certificates of merit in recognition of their contributionsto implementing Project 1797.

Establishedin 2018, the VMBIZ is working to support business delegations from Vietnam’s localitiesin connecting directly with Malaysian businesses. It serves as a bridge promotingconnection between Vietnamese and Malaysia businesses, as well as investors thatwant to learn about the Malaysian market./.
VNA

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