The Vietnamese Government will create all favourable conditions forMalaysian businesses to invest and do business in Vietnam.

State President Truong Tan Sang made this affirmation while attendinga Vietnam-Malaysia business forum in Kuala Lumpur on September 29 aspart of his three-day official visit to Malaysia.

The Vietnamese State leader expressed his wish that Malaysianbusinesses would increase investment and make more contributions toVietnam ’s socio-economic development.

Malaysianbusinesses highly valued the Vietnamese State and Government’ssupport, saying they have seen successful operations and gained a firmfoothold in the Vietnamese market.

They said they are ready to invest in Vietnam and seek further cooperation with Vietnamese partners in years to come.

On the same day, President Sang visited Malaysia ’s nationalpetroleum group, Petronas. He spoke highly of the close, effective andpractical cooperation between Vietnam National Oil and Gas Group(PetroVietnam) and Petronas over the past 20 years, which brought greateconomic benefits to each country.

He suggestedthe two groups strengthen cooperation, especially in exploring andexploiting new oil and gas fields in both Vietnam and Malaysia .

On the occasion, President Sang received 50,000 USD as a gift from Petronas to Vietnamese AO victims.

The President also received the leaders of leading Malaysianbusinesses, including Jacks Resources Berhad, CIMB Bank, Protonautomobile maker and Parkson retailer.

Whilevisiting the Vietnamese Embassy in Malaysia , President Sang praisedthe efforts of embassy staff in implementing the guidelines and policiesof the Party and State.

He urged the embassystaff and the Vietnamese community to continue strengthening solidarity,helping boost friendship and cooperation between the two countries./.