Vietnam, Malaysia intensify wide-ranging cooperation

Vietnam and Malaysia have defined major orientations to speed up cooperation in all fields in the coming time following the fine, rapid developments in their ties.
Vietnam and Malaysia have defined major orientations to speed upcooperation in all fields in the coming time following the fine,rapid developments in their ties.

This came from the talks inHanoi on October 17 between Deputy Prime Minister Nguyen Thien Nhanand Malaysian Deputy Prime Minister and Minister of Education Tan SriMuhyiddin Yassin during the latter’s working visit to Vietnam.

Deputy PM Nhan said he hopes the visit made by his counterpart at atime when the two countries are celebrating the 40th anniversary ofdiplomatic ties will help further promote mutual understanding, trustand the growing cooperation between the two countries.

Hecongratulated Malaysia on its recent achievements and expressed hisbelief that Malaysia will succeed in implementing its new economic modeland 2020 vision to earn an increasingly important position in theregion and the world.

The Malaysian Deputy PM said he isimpressed with the positive changes Vietnam has made nearly 30 years ofpursuing the renewal process, in particular the achievements in humanresources development and poverty reduction.

Both spoke of thetwo countries’ closer political ties, reflected by the exchange ofvisits and high-level contacts, and agreed to instruct relevantministries and agencies to soon convene the fifth session of the jointcommittee.

They showed their satisfaction at the efficientcooperation in economics, trade and investment. Two-way trade betweenthe two countries has spiraled year to year, hitting nearly 8 billionUSD in 2012.

Deputy PM Nhan suggested Malaysia boost investmentin the construction of hotels and new urban areas, the manufacturing ofelectronic equipment and electrical appliances, and seafood processingin Vietnam, affirming to facilitate Malaysian investors’ activities.

The Malaysian leader said he supports the continued import ofVietnamese rice, which will be done through a to-be-signed agriculturalcooperation agreement. He agreed to deploy high-level deals reached inthe fields of security-defence, labour, oil and gas, education-training,agriculture, aquaculture, and sea issues.

The two sides gavehigh estimations to education and training cooperation, considering it apotential field that will generate practical benefits for the twocountries, especially at a time when both need to develop high-qualityhuman resources to serve their socio-economic development strategiesfrom now to 2020.

Following the talks, Deputy PM and Minister ofEducation Yassin signed a memorandum of understanding on tertiaryeducation cooperation with Minister of Education and Training Pham VuLuan to create a legal foundation for bilateral cooperation in the fieldto thrive.-VNA

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