Malaysia, VN aim for US$10 billion in trade turnover
(VOV) -The two-way trade turnover between Vietnam and Malaysia is projected to climb to a record high of US$10 billion in 2014, according to Malaysian Ambassador to Vietnam Azmil Mohd Zabidi.
Both governments have launched efforts to significantly expand bilateral trade and investment, which has resulted in an uptick that is expected to develop even more rapidly in the future, he said.
Malaysia has invested US$20 billion in Vietnam over the past 20 years with more than 400 Malaysian investors currently operating in the country, mainly in the real estate sector.
Malaysian enterprises are also keen on recruiting Vietnamese guest workers, thanks to their agricultural skills in the areas of cultivation and production, the Ambassador said.