Vietnam eyes stronger cooperation in halal food industry with Malaysia
Promoting cooperation with Malaysia in the halal food industry is one of the priority cooperation areas between the two countries, Vietnamese Ambassador to Malaysia Tran Viet Thai has said.
Vietnamese Ambassador to Malaysia Tran Viet Thai (Photo: VNA)
Kuala Lumpur (VNA) - Promoting cooperation with Malaysia in the halal food industry is one of the priority cooperation areas between the two countries, Vietnamese Ambassador to Malaysia Tran Viet Thai has said.
In a recent interview granted to Vietnam News Agency in Malaysia, the diplomat said his embassy has conducted many activities to create a long-term foundation for economic cooperation between the two countries, focusing on building halal standards for Vietnamese farm produce towards exporting products of this kind to Malaysia, the Middle East and other Muslim countries.
According to the diplomat, Malaysia boasts strength in providing halal certificates, training, and building halal product chain links. It asserted its position as the leading halal hub in the world in 2020 when the annual export value of halal products reached 7.5 billion USD.
The embassy has supported Vietnamese localities and enterprises to join exhibitions and fairs to popularise their products, and virtually connect with Malaysian partners. It has also hosted events on culture and tourism in Malaysia, offering good chances for Vietnamese airlines, travel agencies, and hotel service providers to introduce tourism products in the country.
Ambassador Thai, however, pointed out difficulties and challenges facing the embassy in performing economic diplomatic mission, saying that changes in priority policy of partners in Malaysia have caused new challenges.
In the coming time, the embassy will continue to support the Mekong Delta city of Can Tho, and Vinh Phuc and Ben Tre provinces to connect with partners in Malaysia, and seek new partners in the fields of strength of Malaysianജ such as energy and e-waste treatment, he&n🦄bsp; said./.
With nearly 2 billion Muslims worldwide and demand for Halal products being worth around 2.3 trillion USD annually, there is potentially a huge market for Vietnamese firms to exploit, experts have said.
Vietnam is looking forward to Malaysia’s support to develop Halal food industry, contributing to lifting the bilateral trade to 18 billion USD by 2025, Ministry of Industry and Trade Nguyen Hong Dien told his Malaysian counterpart Mohamed Azmin Ali during their recent meeting in Hanoi.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Vietnamese Ambassador to Malaysia Tran Viet Thai (Photo: VNA) 
