Vietnam and Malaysia: New era of the strategic partnership begins!
Vietnam and Malaysia: New era of the strategic partnership begins!
Malaysia - The visit of Prime Minister Pham Minh Chinh in Malaysia has an important role in the solidarity of the Asean countries and for Vietnam's multi-layered foreign policy. As part of the comprehensive strategic partnership between Vietnam and Malaysia, which extends over various areas such as politics, diplomacy, national security, economy, tourism and culture, this visit should give important impulses. High-level politicians of both nations have maintained regular contacts over the years and have given numerous bilateral visits, which illustrates the strength of the relationships.
During his stay in Malaysia, Prime Minister Chinh plans to have fundamental discussions with his Malaysian counterpart Anwar Ibrahim and other high -ranking representatives. These discussions will concentrate on the strategic vision for bilateral relationships and to deepen measures to deepen cooperation in key areas such as security, defense, economy, trade, investments and tourism. Further topics will be the cooperation in new future areas such as the green economy, digital economy, artificial intelligence and innovations.economic perspectives and bilateral trade
The Vietnamese embassy in Malaysia worked closely with the responsible authorities in preparation for the visit to ensure a smooth process. An important milestone in bilateral relationships was November 2024 when both countries agreed a comprehensive strategic partnership that not only promotes political and security policy cooperation, but also intensifies economic networking.
Malaysia is considered Vietnam's second largest trading partner in the ASEAN room and is the third largest investor in Vietnam. The bilateral trade turnover is to be estimated at $ 14.2 billion in 2024, which corresponds to an increase of 20 percent compared to the previous year. Talks about the Halal industry and green energy in particular show the potential for future economic cooperation between the two nations.
Vietnam's role in the region
Vietnam has developed a key position in the Southeast Asia region in the past and increasingly benefits from this role. In 2023, both US President Joe Biden and China's head of state XI Jinping Vietnam visited. The country pursues a multidirectional foreign policy in which it builds up a network of different partners and effectively uses the rivalry between the great powers. In this context, Vietnam is viewed as a strategic partner and pursues a flexible “bamboo policy” that enables him to adapt to changing geopolitical conditions.
The relationship with China is tense, despite a common communist ideology, especially with regard to conflicts in the South China Sea. The United States is also an essential security partner, and Vietnam has established a "comprehensive strategic partnership" with the United States.
With around 100 million inhabitants, Vietnam has a predominantly young and educational affine population. The country digitizes and promotes investments in new technologies, such as in Mikchip production. Economic growth was 5 percent last year, which makes Vietnam one of the most dynamic economies in Southeast Asia. The expansion of diversified trade relationships and free trade agreements such as the EVFTA with the EU underlines Vietnam's to further strengthen its economic position.Nevertheless, human rights are a sensitive topic in the country. Reports on the harassment of human rights defenders and the monitoring of critical voices show that Vietnam faces major challenges here. International organizations such as Amnesty International document arbitrary arrests and torture.
For the future, it is to be hoped that the emerging economic partnerships and the discussion about new cooperation fields will bring a positive development and at the same time expand space for human rights and freedoms in Vietnam.
For more information please visit vietnam.vn and tagesschau.de .
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