Vietnam, Malaysia target comprehensive cooperation

Hanoi (VNA) - Vietnam and Malaysia should increase the exchange of high-ranking and ministerial-level visits to accelerate the implementation of the joint declaration on comprehensive cooperation framework in the 21st century.

State President Nguyen Minh Triet made this remark while receiving the Malaysian
King, Tuanku Mizan Zainal Abidin Ibni Al-Marhum Sultan Mahmud Al-Muktafi Billah
Shah, in Hanoi on March 12.

The President said he is delighted at positive developments in the bilateral
relations over the past years. In political area, the two countries exchanged a
number of high-level visits, which reflected the mutual trust and desires to develop
the bilateral ties, he stressed.

Malaysia is now Vietnam 's ninth largest trade partner and second largest
investor among foreign countries and territories investing in the country,
President Triet noted.

The State leader told his guest that Malaysia is Vietnam 's largest labour
export market as it recruited more than 100,000 Vietnamese workers.

" Vietnam is sparing no effort to create a more attractive investment environment
to draw further foreign investors, including those from Malaysia ," he said.

President Triet congratulated Malaysia on huge socio-economic achievements it
has posted to become a powerful economy as well as its important role in the region
and the world at large.

King Mizan Zainal Abidin, who is on a three-day visit through March 15, thanked for
Vietnam 's warm welcome, saying his ongoing trip will usher in a new period for
bilateral relations.

The King noted with pleasure the progress in Malaysia-Vietnam ties in recent years
and that the two countries possess a lot of potentials for expansion of cooperation
areas.

Vietnam is an important partner of Malaysia , he emphasised, adding that
Malaysia always encourage its businesses to invest in Vietnam.-Enditem