Philippine President, Brunei Sultan, Thai PM to visit Vietnam next year

By Minh Anh
Mon, December 18, 2023 | 11:49 am GMT+7

Philippine President Ferdinand Romualdez Marcos Jr., Sultan of Brunei Hassanal Bolkiah, and Thai Prime Minister Srettha Thavisin have expressed their intentions to visit Vietnam next year.

The three dignitaries revealed the information during bilateral meetings with Vietnamese PM Pham Minh Chinh on the sidelines of the Commemorative Summit for the 50th anniversary of ASEAN-Japan relations in Tokyo on Sunday.

Philippine President Ferdinand Marcos Jr., who took office in June 2022, said he is glad to make an official visit to Vietnam in 2024 to discuss ways to further enhance the bilateral strategic partnership.

Philippine President Ferdinand Marcos Jr. (left) and Vietnamese PM Pham Minh Chinh meet on the sidelines of the Commemorative Summit for the 50th anniversary of ASEAN-Japan relations in Tokyo, Japan, December 17, 2023. Screenshot from Quoc Hoi (National Assembly) Television reportage.

Philippine President Ferdinand Marcos Jr. (left) and Vietnamese PM Pham Minh Chinh meet on the sidelines of the Commemorative Summit for the 50th anniversary of ASEAN-Japan relations in Tokyo, Japan, December 17, 2023. Screenshot from Quoc Hoi (National Assembly) Television reportage.

The president and PM Chinh agreed to effectively deploy bilateral cooperation mechanisms, bolster cooperation in the areas of the two countries’ potential and strengths such as agriculture, including rice production to ensure food security.

They affirmed the intention to continue cooperation in global issues, such as climate change response, and regional ones including the South China Sea (which is referred to as the East Sea in Vietnam) issue.

At a short dialogue with Brunei’s Sultan Hassanal Bolkiah, PM Chinh proposed the two sides maintain the close coordination in effectively carrying out the plan of action to implement the comprehensive partnership for the 2023-2027 period as well as the results and agreements reached during his official visit to Brunei in February.

The Sultan of Brunei, who visited Vietnam in March 2019, affirmed that he will visit Vietnam again in 2024.

In their short meeting, PM Chinh and his Thai counterpart Srettha Thavisin agreed to coordinate to effectively carry out the plan of action to implement the Vietnam-Thailand Enhanced Strategic Partnership during the 2022-2027 period, helping raise the two-way trade value to $25 billion soon.

Thailand is Vietnam’s largest trade partner in ASEAN and the latter’s ninth-biggest investor.

Thai PM Srettha Thavisin(left) and Vietnamese PM Pham Minh Chinh meet on the sidelines of the Commemorative Summit for the 50th anniversary of ASEAN-Japan relations in Tokyo, Japan, December 17, 2023. Screenshot from Vietnam Television reportage.

Thai PM Srettha Thavisin(left) and Vietnamese PM Pham Minh Chinh meet on the sidelines of the Commemorative Summit for the 50th anniversary of ASEAN-Japan relations in Tokyo, Japan, December 17, 2023. Screenshot from Vietnam Television reportage.

The two PMs concurred to step up cooperation in the areas of both nations’ potential and strengths, and strive to elevate the bilateral ties to a new height.

Affirming that Vietnam is an important partner of Thailand in the region, PM Srettha said the two countries hold huge potential to enhance cooperation.

The Thai PM, who took office in September, accepted his counterpart to pay an official visit to Vietnam in 2024, and co-chair the fourth joint cabinet meeting.

Comments (0)
  • Read More
Vietnam’s benchmark VN-Index to reach 1,400-1,420 points in 2025: broker

Vietnam’s benchmark VN-Index to reach 1,400-1,420 points in 2025: broker

The VN-Index, representing the Ho Chi Minh Stock Exchange (HoSE), may hit 1,400-1,420 points in 2025, driven by an 18% market-wide profit growth and a price-to-earnings (P/E) ratio of 12.5-13x, according to broker MBBank Securities (MBS).

Finance - Sun, December 22, 2024 | 7:52 pm GMT+7

HCMC's first metro line officially operational after nearly 2 decades

HCMC's first metro line officially operational after nearly 2 decades

The first urban railway line in Ho Chi Minh City, named Ben Thanh-Suoi Tien, officially started commercial operations on Sunday after nearly two decades of waiting.

Infrastructure - Sun, December 22, 2024 | 2:17 pm GMT+7

Vietnam's 2025 GDP to grow 6.5% on robust infrastructure investment, consumer spending recovery: VinaCapital

Vietnam's 2025 GDP to grow 6.5% on robust infrastructure investment, consumer spending recovery: VinaCapital

Domestic factors, including a ramp-up in Government infrastructure spending, a revival of the real estate market, and a recovery of consumer spending, will help sustain Vietnam's GDP growth at a circa 6.5% pace next year, in-line with the National Assembly’s official target and with 2024 GDP growth, write Michael Kokalari, chief economist at VinaCapital.

Consulting - Sun, December 22, 2024 | 2:00 pm GMT+7

Vietnam shipping, seaport stock rally driven by rosy outlook in 2025

Vietnam shipping, seaport stock rally driven by rosy outlook in 2025

Many shipping and port stocks have risen sharply since November on an optimistic outlook for the industry driven by increasing throughput and a shift in container shipping alliances in 2025.

Companies - Sun, December 22, 2024 | 10:00 am GMT+7

Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%

Singapore’s Platinum Victory seeks to raise stake in Vietnam’s REE to nearly 45%

Singaporean fund Platinum Victory Pte. Ltd. has registered to buy another 16.8 million shares in Ho Chi Minh City-based utility firm Refrigeration Electrical Engineering Corporation (REE), aiming to increase its ownership to nearly 45%.

Finance - Sun, December 22, 2024 | 9:29 am GMT+7

1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam

1.8 km road connecting Lach Huyen Port terminals to be built in northern Vietnam

The Hai Phong Economic Zone Management Board has taken a significant step forward in enhancing infrastructure around Lach Huyen Port by establishing a council to appraise the environmental impact assessment for the road connecting terminals No. 3 to No. 6.

Economy - Sun, December 22, 2024 | 8:00 am GMT+7

Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam

Hanoi TikToker internationally wanted for involving in multi-billion-dollar scam

Hanoi police have issued an international arrest warrant for Le Khac Ngo, known as "Mr. Hunter," a key accomplice in a recently-dismantled massive foreign exchange and securities fraud ring.

Society - Sat, December 21, 2024 | 10:57 pm GMT+7

Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'

Unlocking Phu Quoc’s potential to become the 'Hawaii of the East'

Leading global tourism companies have remarked that Phu Quoc has "yet to receive the recognition it deserves," despite its impressive and unexpected growth rate.

Travel - Sat, December 21, 2024 | 7:20 pm GMT+7

Thai central bank maintains policy interest rate at 2.25%

Thai central bank maintains policy interest rate at 2.25%

The Thai Chamber of Commerce (TCC) has said it backs the decision by the Bank of Thailand, the country's central bank, to maintain the policy interest rate at 2.25%, considering the move as suitable for a reviving economy.

Southeast Asia - Sat, December 21, 2024 | 5:43 pm GMT+7

Vietnam's military-run tech giant Viettel strikes big deals at international defence expo

Vietnam's military-run tech giant Viettel strikes big deals at international defence expo

Subsidiaries of Military Industry and Telecommunications Group (Viettel) signed a string of significant contracts with major global partners during the first two days of the Vietnam International Defence Expo 2024 in Hanoi.

Companies - Sat, December 21, 2024 | 5:36 pm GMT+7

Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion

Taiwan’s Wistron acquires 37ha land lot in northern Vietnam for expansion

Taiwan-headquartered Wistron, a top electronics provider and an Apple supplier, will further its investment in Vietnam’s northern province of Ha Nam by acquiring another 37.1-hectare land lot.

Companies - Sat, December 21, 2024 | 2:08 pm GMT+7

VAFIE seeks to promote sci-tech development, intellectual property policies

VAFIE seeks to promote sci-tech development, intellectual property policies

The Vietnam’s Association of Foreign Invested Enterprises (VAFIE) aims to enhance policies for the development of science, technology, and intellectual property, creating a more conducive investment environment.

Companies - Sat, December 21, 2024 | 1:59 pm GMT+7

Vietnamese dong likely to depreciate 3% in 2025: VinaCapital

Vietnamese dong likely to depreciate 3% in 2025: VinaCapital

The Vietnamese dong is likely to depreciate 3% in 2025 on anticipation that the US Dollar/DXY Index will finish 2025 nearly unchanged, says Michael Kokalari, chief economist at Vietnam's leading fund manager VinaCapital.

Economy - Sat, December 21, 2024 | 11:23 am GMT+7

First luxury railway journey across Vietnam features Indochine architecture

First luxury railway journey across Vietnam features Indochine architecture

PYS Travel has launched the first luxury railway journey across Vietnam named Sjourney, marking a new milestone in the railway tourism sector.

Travel - Sat, December 21, 2024 | 10:09 am GMT+7

Vietnam among 40 most beautiful countries: US publication

Vietnam among 40 most beautiful countries: US publication

Vietnam has secured the 36th position in the ranking of the 40 most beautiful countries in 2024 in a testament to its undeniable charm and appeal, according to US News & World Report.

Travel - Sat, December 21, 2024 | 10:04 am GMT+7

Foxconn to invest $16 mln more in Vietnam’s Quang Ninh province

Foxconn to invest $16 mln more in Vietnam’s Quang Ninh province

Competition Team Technology (Vietnam) Company Limited, a subsidiary of Foxconn, will invest an extra $16 million in its “S- Vietnam” project in the northern coastal province of Quang Ninh.

Industries - Sat, December 21, 2024 | 9:53 am GMT+7