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Vietnam and Malaysia boost trade, focusing on halal industry cooperation and broader economic ties.
Vietnam and Malaysia are strengthening trade and investment ties, focusing on expanding cooperation in the halal industry, including certification, production, and global market access.
Vietnamese Deputy Prime Minister Trần Hồng Hà emphasized the halal sector as a key growth driver and proposed joint efforts in certification recognition, investment in agriculture and related industries, and capacity building.
Both nations aim to support Vietnamese products in global supply chains and promote MSMEs as central to halal industry growth.
Beyond halal, they are exploring opportunities in energy, digital transformation, green transition, and healthcare through direct investment or joint ventures.
Malaysia reaffirmed its commitment to maintaining high halal standards during trade talks, highlighting the sector’s $3.5 trillion global value and potential to grow to $5 trillion by 2030, with halal seen as a trusted, inclusive economic model.
Vietnam y Malasia impulsan el comercio, centrándose en la cooperación en la industria halal y en lazos económicos más amplios.