The two countries agreed to elevate ties and explore closer cooperation.
PUTRAJAYA – Vietnam and Malaysia agreed on Nov 21 to elevate ties and explore closer cooperation to maintain peace in the South China Sea, after a complaint from Malaysia raised tensions over the contested waters.
Datuk Seri Anwar said both sides “agreed to explore the possibility of having joint efforts in the fishing industry so that we can really work on the basis of trust and friendship”.Malaysia recently lodged a rare protest over Vietnam’s island-building programme in the Spratly Islands, according to a Reuters report. The waters are at the centre of a long-standing territorial dispute involving China, Brunei and Taiwan as well as the Philippines.
The two Asean nations have benefited from a diversification of supply chains away from China and will be watching closely to see what steps US President-elect Donald Trump takes when it comes to trade and tariffs.Malaysia is Vietnam’s second-largest trade partner in Asean and the third-largest foreign investor among Asean countries, according to Vietnam’s government.
Singapore Latest News, Singapore Headlines
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