Vietnam, Malaysia set trade target of US$18bil by 2025

Tran Phu Lu, deputy director of HCM City Investment and Trade Promotion Center, speaks at a meeting to promote trade and promotion with Malaysia on June 12 in HCM City. — Courtesy of the centre

HCM CITY (Vietnam News/Asia News Network): Vietnam and Malaysia, one of Vietnam’s most important trading partners, have set a bilateral trade target of US$18 billion by 2025.

Speaking at a meeting on Monday (June 12), Tran Phu Lu, deputy director of HCM City Investment and Trade Promotion Center (ITPC), said the city will continue to improve its business climate and streamline administrative reform, including creating favourable conditions for Malaysian investors.