Malaysia's strong manufacturing sector and advanced technology, alongside Vietnam's large market, present significant opportunities for enhanced bilateral trade, stated Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz at the Malaysia-Vietnam Business Forum. He highlighted the potential for Vietnam's agricultural sector to tap into the global halal market, projected to reach US$3 trillion by 2024, by leveraging Malaysia's expertise. In 2022, Malaysia's trade with Vietnam rose by 23.1%, underscoring their growing economic partnership amid global challenges.MALAYSIA, VIETNAM HAS IMMENSE POTENTIAL TO BOOST BILATERAL TRADE COOPERATION, INCLUDING IN US$3TLN GLOBAL HALAL MARKET
Malaysia's strong manufacturing sector and advanced technology, alongside Vietnam's large market, present significant opportunities for enhanced bilateral trade, stated Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz at the Malaysia-Vietnam Business Forum. He highlighted the potential for Vietnam's agricultural sector to tap into the global halal market, projected to reach US$3 trillion by 2024, by leveraging Malaysia's expertise. In 2022, Malaysia's trade with Vietnam rose by 23.1%, underscoring their growing economic partnership amid global challenges.


