Vietnam, Malaysia firms seek partnership opportunities
Vietnamese enterprises were updated on information related to the market and business community of Malaysia during an event in Kuala Lumpur on August 20.
KualaLumpur (VNA) - Vietnamese enterprises were updated on information relatedto the market and business community of Malaysia during an event in KualaLumpur on August 20.
A business delegation, comprising representatives of 40 Vietnamese enterprises operatingin different fields, led by the Research Institute for Medium and Small Enterprises,has been on a working visit to Malaysia to seek cooperation opportunities with localpartners.
Vietnamese Commercial Counsellor in Malaysia Pham Quoc Anh also informed the enterprisesabout recent cooperation between the two countries’ businesses, especially inexport-import of farm produce and consumer goods.
Malaysia firms are looking to seek Vietnamese partners for expanding theirproduction and business in Vietnam, he said.
Representatives from Vietnamese enterprises expressed their hope to collaboratewith Malaysian partners, thus implementing investment projects and building theirproduction establishments in Malaysia.
Through direct meetings between the two sides’ enterprises arranged in theframework of the event, many Vietnamese firms set up links with Malaysian partners.
Malaysian firms said the exchange is very practical and useful, helping them toeffectively connect with Vietnamese businesses.-VNA
Measures to promote import-export of livestock products between Vietnam and Malaysia was the focus of a seminar held in Kuala Lumpur, Malaysia, on April 21.
A workshop took place in the southern province of Binh Duong on May 11 to promote tourism as a path to connect cultures between cities, provinces and communities in Vietnam and Malaysia.
Two-way trade value of Vietnam and Malaysia in the January-June period this year expanded 21.15 percent on a yearly basis to more than 5.84 billion USD, according to the Vietnamese trade office in Malaysia.
The Vietnam-Malaysia relations have been consolidated and developed across the fields of politics-diplomacy, defence-security, economy, and cultural exchange over the past 45 years, according to Vietnamese Ambassador to Malaysia Le Quy Quynh.
Efforts by Vietnam’s overseas representative agencies over recent years have helped to strengthen the country’s trade and investment ties with partners around the globe, senior diplomats have said.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.