This meeting presents a valuable opportunity for both sides to align their development orientations and strategies, fostering cooperation and unlocking new investment and business opportunities between the two countries’ business communities. This will contribute to deepening, enriching, and enhancing the effectiveness of the Vietnam-Malaysia relationship.
Vietnamese tech startups are thriving, according to the discussions at the meeting. As Vietnam and Malaysia celebrate over 50 years of diplomatic relations (1973-2025) and a decade of Strategic Partnership (2015-2025), now elevated to a Comprehensive Strategic Partnership, the relationship has grown in breadth and depth across all domains, yielding remarkable achievements. Economic, trade, and investment cooperation occupy a significant position and are consistently promoted.
In terms of trade, Malaysia is Vietnam’s second-largest trading partner within ASEAN (after Thailand) and its ninth-largest worldwide. Malaysia is also Vietnam’s third-largest export market in ASEAN (after Thailand and Cambodia). Malaysia-Vietnam bilateral trade reached 18.14 billion USD in 2024, marking a 4.4% increase compared to 2023.
Regarding investment, Malaysia is the third-largest investor in ASEAN in Vietnam (after Singapore and Thailand) and ranks tenth out of 150 countries and territories investing in Vietnam. There are 770 valid Malaysian projects in Vietnam, totaling 13.6 billion USD in investment capital. Conversely, Vietnam has 27 investment projects in Malaysia, with a total registered capital of 855 million USD.
Both countries are members of numerous significant regional organizations, forums, and free trade agreements (FTAs), including ASEAN+, the Regional Comprehensive Economic Partnership (RCEP), and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The delegates commended Vietnam’s continuous improvement in its investment and business environment, earning positive feedback from the international community and investors alike. Many foreign investors have chosen Vietnam as their strategic production hub, connecting with global supply chains. In the first four months of 2025, realized FDI reached over 6.7 billion USD, the highest in the 2020-2025 period, underscoring Vietnam’s enduring appeal to international investors.
Speaking at the event, Prime Minister Pham Minh Chinh emphasized the rapidly evolving global situation, fraught with complexities and uncertainties. Many countries are changing their policies, and numerous issues have transcended national boundaries, requiring global collaboration for resolution. In this context, the Prime Minister underscored the imperative of strengthening unity and solidarity among nations and businesses, embracing multilateralism to address global challenges, including those facing our respective countries and enterprises.
Highlighting the excellent political and diplomatic ties between Vietnam and Malaysia, the Prime Minister called on investors and businesses from both countries to take the initiative and actively contribute to advancing and materializing this robust relationship, thereby creating more material wealth.
The Prime Minister expressed his hope that Malaysian businesses would continue to expand their investments and maintain their trust and commitment to Vietnam during its development journey. He encouraged them to contribute to the prosperity of both nations, the happiness and well-being of their peoples, and the flourishing of the Vietnam-Malaysia Comprehensive Strategic Partnership for peace and prosperity.
The Prime Minister requested that businesses strengthen connectivity within ASEAN, particularly between Vietnam and Malaysia, promoting green and circular economic development, energy transition, digital connectivity, data sharing, and creative economies. He also emphasized the need to rejuvenate traditional growth drivers, such as investment, exports, and consumption, asserting that these are the enterprises’ missions to diversify markets, products, and supply chains, aiming for complementarity and mutual support.
The Vietnamese Government pledges to safeguard the property rights and freedom of enterprise of businesses and investors, ensure equal access to resources, and protect the legitimate rights and interests of investors. It will not criminalize civil and economic relations and will prioritize economic measures in handling cases.
Emphasizing the principle of “saying and doing,” the Prime Minister underscored the spirit of “3 Together”: listening and understanding each other between businesses, the State, and the people; sharing a vision and taking action to cooperate and support each other for rapid and sustainable development; working, winning, enjoying, and progressing together; and sharing joy, happiness, and pride.
Tightening Emissions Testing for Motorcycles
Motorcycles and scooters will need to meet Euro 2 emission standards to be allowed on the roads of Hanoi and Ho Chi Minh City from 2027 onwards.
Tightening Emissions Testing for Motorcycles and Scooters
Motorcycles and scooters will need to meet emission standards of Euro 2 and above to be allowed on the roads of Hanoi and Ho Chi Minh City from the year 2027 onwards.
“Prime Minister Calls on Businesses to Embrace Their Role as Connectors Within ASEAN and Between Vietnam and Malaysia.”
On the morning of May 25, as part of his working visit to Malaysia, Prime Minister Pham Minh Chinh attended a program titled “Meet Vietnam-Malaysia Businesses.” The event was organized by the Ministry of Finance of Vietnam, in collaboration with the Embassy of Vietnam in Malaysia and the Malaysian Chamber of Commerce and Industry.
The Ultimate Solution to Rainwater Leakage at Tan Son Nhat’s T3 Terminal
The Ministry of Construction has urged ACV and Tan Son Nhat International Airport, along with relevant contractors, to thoroughly review and address any issues that have arisen during the operation and exploitation of Terminal 3 over the past period.
Aim High: Vietnam Targets Robust Growth Amid Global Slowdown
“During a discussion with National Assembly delegates on the morning of May 23, Prime Minister Pham Minh Chinh shared insights on the tasks and solutions to achieve high economic growth targets amidst a global backdrop of downgraded forecasts. He emphasized three strategic breakthroughs, the implementation of four key pillars, and a strong focus on decentralization and empowerment. The government aims to transform its service delivery to better serve citizens and businesses, drastically reduce red tape, and shift from pre-inspection to post-inspection. These efforts are complemented by a focus on planning and standard-setting to drive sustainable growth and development.”
