Speaking at the signing ceremony, Vietnamese Commercial Counsellor in Malaysia Pham Quoc Anh said trade between the two countries slumped by 15% annually in the first eight months of this year due to the Covid-19 pandemic.

Delegates at the event.

Via the MoU, the Office hopes to help VMBIZ improve its capacity and expand ties with Vietnamese and Malaysian business associations and entrepreneurs, he said.

VMBIZ Chairman Ngo Sy Tuyen wished that the Office would provide VMBIZ with information about demand for exports-imports of the two nations’ firms. VMBIZ pledges to help the Office carry out trade promotion activities, seek partners, and develop markets.

Vietnamese Ambassador to Malaysia Le Quy Quynh, for his part, suggested that both sides should soon establish specialised units to coordinate common activities, including bringing Vietnamese goods to Malaysia and sharing experience with Malaysian associations and businesses.

Following the signing ceremony, a number of Vietnamese and Malaysian firms also met together to seek cooperation opportunities.

Vietnam’s trade revenue estimated to exceed US$336.2 billion in eight months

Vietnam's import-export turnover is estimated at US$336.32 billion in the first eight months, an annual reduction of 0.3%, according to the General Statistics Office.

Project helps promote Vietnam’s trade and investment policies in Thailand

The Vietnamese Embassy in Thailand on August 28 officially launched the “Window to Vietnam” project - a display area and information counter supporting Vietnam’s commercial, tourism, and investment promotion in the country.

Vietnam’s exports recover as trade surplus hits US$10 billion

Vietnam’s 2020 export revenue as of August 15 rose 1.8% , reaching US$160.2 billion while imports were estimated at US$150.2 billion, latest customs data has shown.

Traditional trade village of dry vermicelli and rice paper along Con River

Located on the bank of Con River, An Thai – a traditional trade village of dry vermicelli and rice paper in Nhon Phuc Commune, An Nhon Town, in the south central coastal province of Binh Dinh, is over 100 years old.

Trade union at Vietnam Bank for Social Policies donates for Covid-19 prevention in Bac Giang province

(BGO) – The Fatherland Front’s Committee (FFC) in Bac Giang province on August 18 received the expenses donated by the Trade Union of Vietnam Bank for Social Policies for the local Covid-19 prevention and control at the FFC’s office. Member of the provincial Party Committee, FFC Chairman Tran Cong Thang received the donation.

Source: NDO/VNA