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
Vingroup plans $38 mln bond issuance to restructure debt

Vingroup plans $38 mln bond issuance to restructure debt

Vingroup (HoSE: VIC), Vietnam’s largest listed company by market cap, plans to issue VND1 trillion ($37.91 million) in bonds via private placement as it seeks to restructure debt.

Companies - Tue, November 25, 2025 | 3:52 pm GMT+7

Vietnam gov't proposes minimum $379 mln charter capital for offshore wind developers

Vietnam gov't proposes minimum $379 mln charter capital for offshore wind developers

The Vietnamese government has proposed that offshore wind power developers have a minimum charter capital of VND10 trillion ($379 million) each, according to a draft resolution designed to ease bottlenecks in the country’s 2026-2030 energy development plan.

Energy - Tue, November 25, 2025 | 3:41 pm GMT+7

Petrovietnam arm to venture into CO2 transportation, seabed minerals, geothermal

Petrovietnam arm to venture into CO2 transportation, seabed minerals, geothermal

PVEP, the upstream arm of state giant Petrovietnam, plans to expand into new fields such as CO2 transportation and disposal (carbon capture, utilization, and storage), coal gas and underground mineral research, seabed minerals, and geothermal.

Industries - Tue, November 25, 2025 | 3:08 pm GMT+7

MB successfully closes landmark $500 mln inaugural green term loan facility agreement

MB successfully closes landmark $500 mln inaugural green term loan facility agreement

Military Commercial Joint Stock Bank (MB) on Monday announced the successful closing of its three-year $500 million inaugural Green Term Loan Facility Agreement, marking a significant milestone in the bank’s sustainable financing journey.

Banking - Tue, November 25, 2025 | 2:17 pm GMT+7

Impact of rising exchange rates in Vietnam

Impact of rising exchange rates in Vietnam

Mirae Asset Securities analysts offer an insight into the impact of rising exchange rates on companies in Vietnam in a report dated November 21.

Economy - Tue, November 25, 2025 | 1:35 pm GMT+7

Vietnam's industrial park developers post strong earnings as tenant demand rebounds

Vietnam's industrial park developers post strong earnings as tenant demand rebounds

Vietnam’s industrial real estate sector is showing stronger earnings and improving demand, with foreign tenants resuming lease negotiations after U.S. tariff policies became clearer, according to a brokerage report.

Industrial real estate - Tue, November 25, 2025 | 11:07 am GMT+7

Vietnamese export stocks under the radar despite strong earnings

Vietnamese export stocks under the radar despite strong earnings

Investor caution over tariff risks and the slowdown of major economies has prevented Vietnamese export stocks from making a strong price recovery.

Finance - Tue, November 25, 2025 | 8:44 am GMT+7

Indonesia plans 7 initial waste-to-energy plants next year

Indonesia plans 7 initial waste-to-energy plants next year

Indonesia will start the construction of seven waste-to-energy power plants in 2026 as the first step to develop 33 such facilities by 2029.

Southeast Asia - Mon, November 24, 2025 | 9:23 pm GMT+7

Malaysia predicted to be ASEAN’s second-fastest-growing economy, after Vietnam

Malaysia predicted to be ASEAN’s second-fastest-growing economy, after Vietnam

Malaysia is poised to become the second-fastest-growing economy in the Association of Southeast Asian Nations (ASEAN) after Vietnam, data showed.

Southeast Asia - Mon, November 24, 2025 | 9:19 pm GMT+7

Thailand SCG-backed Bien Hoa Packaging plans delisting from HCMC bourse

Thailand SCG-backed Bien Hoa Packaging plans delisting from HCMC bourse

Bien Hoa Packaging JSC, a 57-year-old manufacturer in Vietnam, plans to scrap its public-company status and delist from the Ho Chi Minh Stock Exchange (HoSE) as its free float fell below the minimum threshold under local securities law.

Companies - Mon, November 24, 2025 | 9:06 pm GMT+7

Real estate, industrials sectors lead in October M&A value in Vietnam

Real estate, industrials sectors lead in October M&A value in Vietnam

Grant Thornton analysts provide an insight to capital flows, the sectors attracting investor attention, and the market dynamics influencing the merger and acquisition (M&A) landscape in Vietnam in October.

Economy - Mon, November 24, 2025 | 4:39 pm GMT+7

Tobacco giant Vinataba to sell entire stake in instant noodle maker Colusa-Miliket

Tobacco giant Vinataba to sell entire stake in instant noodle maker Colusa-Miliket

State-owned Vietnam National Tobacco Corporation (Vinataba) plans to divest its entire 20% stake in Colusa-Miliket, the company behind the iconic “Miliket” (two-shrimp) instant noodle brand, seeking to raise at least VND114 billion ($4.32 million).

Companies - Mon, November 24, 2025 | 4:10 pm GMT+7

VinSpeed cannot participate in North-South high-speed rail project under PPP model: exec

VinSpeed cannot participate in North-South high-speed rail project under PPP model: exec

Pham Nhat Vuong, founder of VinSpeed High-Speed Rail Investment and Development JSC, has mapped out a clear 30-year financing plan for the gigantic North-South high-speed rail project, said an executive at Vingroup, a VinSpeed investor.

Infrastructure - Mon, November 24, 2025 | 3:51 pm GMT+7

Delivery major Viettel Post plans $21 mln logistics center in central Vietnam 

Delivery major Viettel Post plans $21 mln logistics center in central Vietnam 

Viettel Post, the courier arm of military-run telecom giant Viettel, has completed a site survey for a planned 21-hectare logistics center in the central province of Ha Tinh, with an estimated investment of nearly VND550 billion ($20.87 million).

Industries - Mon, November 24, 2025 | 11:49 am GMT+7

Honda Mobilityland eyes 600-ha sports, entertainment, tourism complex in southern Vietnam

Honda Mobilityland eyes 600-ha sports, entertainment, tourism complex in southern Vietnam

Honda Mobilityland Corporation, a subsidiary of Japan’s Honda Motor Co., plans to build an international circuit in Tay Ninh province, towards developing a 600-hectare sports, entertainment, and tourism complex there.

Industries - Mon, November 24, 2025 | 11:23 am GMT+7

State-controlled shipping line Vosco steps up coal trading to seek new revenue drive

State-controlled shipping line Vosco steps up coal trading to seek new revenue drive

Vietnam Ocean Shipping JSC (Vosco), controlled by the state-run Vietnam Maritime Corporation, is moving deeper into coal trading as the shipping line increasingly bids for large import contracts for thermal power plants, marking a push beyond its core maritime transport business.

Companies - Mon, November 24, 2025 | 8:36 am GMT+7