Vietnam: Prime Minister Pham Minh Chính holds talks with Sultan of Brunei Hassanal Bolkiah

BANDAR SERI BEGAWAN — Prime Minister Pham Minh Chính held talks with Sultan of Brunei Hassanal Bolkiah right after meeting with members of the House of Bolkiah in Bandar Seri Begawan capital on February 11 morning.

Sultan Bolkiah affirmed that Brunei always treasures and wishes to keep developing its partnership with Viet Nam, especially in economy, trade, investment, education and agriculture.

PM Chính, for his part, conveyed the Vietnamese leaders’ regards to the Brunei Sultan and royal family. He underlined Viet Nam’s consistent policy of valuing the development of comprehensive partnership with Brunei.

He expressed his belief that Brunei will soon realise the Brunei Vision 2035 (Wawasan Brunei 2035), becoming an economy with dynamic and sustainable development.

Both leaders spoke highly of the effective development of bilateral comprehensive partnership in various areas, from politics, national defence-security to economy, trade, investment, maritime cooperation, energy and education-training. In particular, two-way trade soared by 134 per cent annually to US$725.8 million last year.

In the near future, both sides will continue facilitating all-level visits, effectively implement the ministerial-level Bilateral Cooperation Committee and important cooperation agreements, especially the action plan on the implementation of Viet Nam-Brunei comprehensive partnership for the 2023-27 period, which was signed on the occasion.

They pledged to boost trade growth in a more diverse and balanced direction, consider the possibility of establishing a joint venture on the exploitation, cultivation and processing of aquatic products, as well as seek opportunities in new cooperation areas such as digital economy, circular economy and climate change response.

PM Chính suggested Brunei create favourable conditions for Vietnamese goods to enter the country, particularly rice and farm produce meeting Halal standards. He also committed all possible support for Brunei enterprises to do business in Viet Nam.

He also proposed increased coordination to connect the two economies together to build them into independent and self-reliant economies that widely and effectively integrate into the world. — VNS