Philippine President, Brunei Sultan, Thai PM to visit Vietnam next year
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.
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.
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.
- Related News
- Read More
Vietnam’s macroeconomic indicators 'broadly positive': Dragon Capital
Vietnam's macroeconomic indicators remained broadly positive, with both trade and FDI attraction performing well in the first four months of the year, write Dragon Capital analysts.
Economy - Thu, May 15, 2025 | 5:47 pm GMT+7
'How many new jobs created’ should be new KPI for local governments: VCCI leader
With a shift in thinking about the role of the private sector, local governments may soon prioritize creation of new jobs and businesses over traditional growth metrics, according to Dau Anh Tuan, deputy secretary-general of the Vietnam Chamber of Commerce and Industry (VCCI).
Economy - Thu, May 15, 2025 | 5:23 pm GMT+7
Herbalife’s Vietnam earnings hit $75.4 mln in Q1, overtake China
Herbalife, a global multi-level marketing corporation selling dietary supplements, recorded $75.4 million in net sales in Vietnam in the first quarter of 2025, according to the firm’s report.
Companies - Thu, May 15, 2025 | 5:01 pm GMT+7
Japan’s Nitto Denko to quadruple northern Vietnam plant's production capacity
Nitto Vietnam, a subsidiary of Japan’s multi-sector corporation Nitto Denko, has decided to raise the investment in its Hung Yen province-based plant by $28 million to $160 million.
Investing - Thu, May 15, 2025 | 3:58 pm GMT+7
UAE Embassy, VAFIE to jointly strengthen Vietnam-UAE business connections
The Embassy of the United Arab Emirates (UAE) in Hanoi and the Vietnam's Association of Foreign Invested Enterprises (VAFIE) on Wednesday agreed to jointly deploy specific measures to lift trade and investment ties between the two countries.
Companies - Thu, May 15, 2025 | 2:37 pm GMT+7
Turbulent times of Vietnam's food giant Kido
Profits of Kido Group, a leading food company in Vietnam, have been lower than its leaders' expectations in the past few years, with its real estate investment and divestment from Kido Foods not being smooth sailing.
Companies - Thu, May 15, 2025 | 2:27 pm GMT+7
Impact of US tariffs on Vietnam’s textile, clothing and footwear sector
The adjustments in the U.S. tariffs are poised to reshape Vietnam’s textile, clothing and footwear industry, prompting businesses to reassess their strategies and operations, write Assoc. Prof. Rajkishore Nayak and Corinna Joyce from the Fashion Enterprise program at RMIT University Vietnam.
Consulting - Thu, May 15, 2025 | 8:17 am GMT+7
Malaysia-EU FTA expected to promote ASEAN-EU ties
The EU is placing high expectations on the Free Trade Agreement (FTA) with Malaysia as a central pillar in its strategy to strengthen relations with the Association of Southeast Asian Nations (ASEAN) amid escalating global uncertainties.
Southeast Asia - Wed, May 14, 2025 | 10:17 pm GMT+7
Malaysia works hard to expand semiconductor ecosystem
Malaysia needs to broaden its manufacturing ecosystem beyond assembly lines and semiconductors to fully capitalize on foreign investments, towards becoming a more complete manufacturing hub.
Southeast Asia - Wed, May 14, 2025 | 10:14 pm GMT+7
Vietnam's Phu Quoc airport to undergo major upgrade ahead of APEC 2027
Phu Quoc International Airport in the southern province of Kien Giang will be expanded and upgraded to support local economic development, while ensuring transport infrastructure for hosting the 2027 APEC Economic Leaders' Week.
Travel - Wed, May 14, 2025 | 9:57 pm GMT+7
Banks cut staff, transaction branches amid accelerating digital transformation
A series of banks have announced plans to cut staff and transaction offices, setting off a wave of job losses in the banking industry that has been considered one of the hottest professions in recent years.
Companies - Wed, May 14, 2025 | 9:51 pm GMT+7
Malaysia’s maritime sector struggling due to new US tariff policy: expert
Malaysia’s maritime sector, particularly seaport transportation, faces mounting pressure from the U.S.’s tariff policy.
Southeast Asia - Wed, May 14, 2025 | 9:40 pm GMT+7
VinSpeed registers $60.24 bln investment for Vietnam's high-speed transnational railway
VinSpeed High-Speed Rail Investment and Development JSC, a subsidiary of private conglomerate Vingroup, on Wednesday announced its registration to invest in Vietnam’s North-South high-speed railway project.
Companies - Wed, May 14, 2025 | 9:24 pm GMT+7
Resolution 68: A new dawn for Vietnam’s private sector
Resolution 68, issued last week by the Politburo, Vietnam's highest decision-making body, is a landmark directive poised to redefine the landscape for private enterprises in the country. It outlines a clear vision for a rapidly developing, sustainable, and globally competitive private sector, write VinaCapital analysts.
Consulting - Wed, May 14, 2025 | 8:53 pm GMT+7
Vietnam’s dividend-paying stocks create buzz among investors
Cash dividend-paying stocks in Vietnam continue to capture attention from investors, particularly newcomers, to the stock market.
Finance - Wed, May 14, 2025 | 4:33 pm GMT+7
Bao Viet-led insurance consortium signs $2 bln deal with high-tech firm on healthcare projects
A consortium of insurers led by Bao Viet Insurance on Tuesday signed a framework agreement to provide comprehensive insurance services to Nhat Hai New Technology JSC (OIC New) for its healthcare projects during 2026-2036.
Finance - Wed, May 14, 2025 | 4:29 pm GMT+7
