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
Indonesia promises Asia-Pacific investors more incentives

Indonesia promises Asia-Pacific investors more incentives

Indonesian President Prabowo Subianto recently told the press that he will create more incentives and expand special economic zones (SEZs) so as to lure investors from Asia-Pacific.

Southeast Asia - Mon, November 18, 2024 | 11:01 pm GMT+7

Indonesia, Brazil enhance aviation cooperation

Indonesia, Brazil enhance aviation cooperation

Indonesia's state-owned aircraft manufacturer, Dirgantara Indonesia (DI), and Brazilian aerospace company Embraer have signed a memorandum of understanding (MoU) to expand collaboration in the commercial aviation sector.

Southeast Asia - Mon, November 18, 2024 | 11:00 pm GMT+7

Indonesia eyes to become member of BRICS

Indonesia eyes to become member of BRICS

Indonesian President Prabowo Subianto has shown his country’s desire to become a member of the BRICS - the alliance of major emerging economies initiated by Brazil, Russia, India, China, and South Africa.

Southeast Asia - Mon, November 18, 2024 | 10:57 pm GMT+7

Former Party chief, chairman of Vinh Phuc province face disciplinary action

Former Party chief, chairman of Vinh Phuc province face disciplinary action

Vietnam’s Central Inspection Committee has proposed disciplining Pham Van Vong, former Party chief of Vinh Phuc, and Phung Quang Hung, former chairman of the northern province, for violations related to Phuc Son Group.

Politics - Mon, November 18, 2024 | 9:17 pm GMT+7

Shaping a waterway into a key shipping channel: Viconship gets dredging nod

Shaping a waterway into a key shipping channel: Viconship gets dredging nod

A major dredging project will allow safer ship navigation and increased cargo transportation capacity on the Hai Phong shipping channel, thereby enhancing competitiveness of Vinconship’s port system, says the company.

Companies - Mon, November 18, 2024 | 7:08 pm GMT+7

Former assistant to State President appointed general director of state-owned financial firm HFIC

Former assistant to State President appointed general director of state-owned financial firm HFIC

Truong Tuan Anh, an official at the State President Office and former assistant to a state president, has been appointed general director of Ho Chi Minh City Finance and Investment Stated-owned Company (HFIC).

Companies - Mon, November 18, 2024 | 5:35 pm GMT+7

MBBank’s takeover of weak OceanBank to have limited impact on its credit profile: Fitch

MBBank’s takeover of weak OceanBank to have limited impact on its credit profile: Fitch

Military Commercial Joint Stock Bank's (MBBank) takeover of Ocean Commercial Bank Limited (OceanBank) will have limited financial impact on the former’s credit profile, Fitch Ratings said Monday.

Banking - Mon, November 18, 2024 | 5:06 pm GMT+7

Win-win philosophy indispensable for sustainable growth: Bamboo Capital founder

Win-win philosophy indispensable for sustainable growth: Bamboo Capital founder

A win-win cooperation strategy is not just desirable, but a necessary condition for sustainable development, says Nguyen Ho Nam, founder of Vietnam’s private conglomerate Bamboo Capital Group.

Bamboo Capital - Mon, November 18, 2024 | 4:46 pm GMT+7

Vietnam central bank resumes selling gold after 1-month hiatus

Vietnam central bank resumes selling gold after 1-month hiatus

The State Bank of Vietnam (SBV), the country's central bank, on Monday announced that it will reactivate the sale of SJC-branded gold bars to meet market demand.

Banking - Mon, November 18, 2024 | 4:02 pm GMT+7

Vietnam 2nd biggest market of Thai giant Central Retail in Jan-Sept

Vietnam 2nd biggest market of Thai giant Central Retail in Jan-Sept

Thailand’s leading retailer Central Retail earned a revenue of THB37.99 billion ($1.09 billion) in Vietnam in the first nine months of this year, up 0.9% year-on-year.

Companies - Mon, November 18, 2024 | 4:00 pm GMT+7

Singapore firm to invest in $19.7 mln garment factory in central Vietnam

Singapore firm to invest in $19.7 mln garment factory in central Vietnam

Singaporean-based HGQ ASIA Pte., Ltd will pour nearly VND500 billion ($19.7 million) into building a garment factory in the south-central province of Binh Dinh.

Industries - Mon, November 18, 2024 | 2:23 pm GMT+7

IP developer KBC to raise $236 mln to restructure debts, augment capital

IP developer KBC to raise $236 mln to restructure debts, augment capital

Kinhbac City Development Holding Corporation (KBC), a leading industrial real estate developer in Vietnam, will offer 250 million shares to 11 investors for more than $6,000 trillion ($236.4 million) to restructure its debts.

Companies - Mon, November 18, 2024 | 2:17 pm GMT+7

Vietnam's chemical giant Vinachem targets $500 mln trade turnover with Brazil in 2030

Vietnam's chemical giant Vinachem targets $500 mln trade turnover with Brazil in 2030

Vietnam’s state-run chemical group Vinachem and Brazil’s major trading firm Oceanside One Trading LLC say they will strive to boost their bilateral trade to $500 million in 2030.

Companies - Mon, November 18, 2024 | 12:32 pm GMT+7

Vietnam may welcome more FDI from US allies in Trump 2.0: broker

Vietnam may welcome more FDI from US allies in Trump 2.0: broker

More companies from U.S. allies and elsewhere may move more production facilities to Vietnam in the second term of Donald Trump as U.S. President, given the expected intensification of U.S-China trade tension, according to KB Securities Vietnam (KBSV).

Economy - Mon, November 18, 2024 | 12:19 pm GMT+7

Vietnam PM asks Brazil's aerospace giant Embraer to help with air logistics development

Vietnam PM asks Brazil's aerospace giant Embraer to help with air logistics development

Vietnam seeks to build an air logistics center and plans to collaborate with Brazil’s aerospace giant Embraer for the task, says Prime Minister Pham Minh Chinh.

Companies - Mon, November 18, 2024 | 10:45 am GMT+7

Singapore-domiciled TAEL Two Partners struggles to divest from Vietnam taxi operator Vinasun at loss

Singapore-domiciled TAEL Two Partners struggles to divest from Vietnam taxi operator Vinasun at loss

Singapore-headquartered fund TAEL Two Partners has planned to divest entirely from Vietnamese taxi operator Vinasun at a heavy loss after more than a decade of investment.

Finance - Mon, November 18, 2024 | 10:19 am GMT+7