Vietnam - Brunei Joint Statement

Vietnam and Brunei issued a joint statement on the occasion of the State visit of Vietnamese President Tran Dai Quang to Brunei from August 26-28.
vietnam brunei joint statement President Quang arrives in Brunei for State-level visit
vietnam brunei joint statement Vietnam, Brunei forge trade links

vietnam brunei joint statement

The following is the full text of the Joint Statement:

1. At the invitation of His Majesty Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, Sultan and Yang Di-Pertuan of Brunei Darussalam, His Excellency Tran Dai Quang, President of the Socialist Republic of Vietnam made a State Visit to Brunei Darussalam on 26 - 28 August 2016. This was the third State Visit to Brunei Darussalam by a Head of State of the Socialist Republic of Vietnam.

2. During the visit, both Leaders exchanged views on bilateral relations as well as on regional and international issues of common interest in a warm and cordial atmosphere.

3. Both Leaders expressed pleasure on the good progress in strengthening bilateral cooperation since the establishment of diplomatic relations on 29 February 1992; recognised the significance of the President’s visit in reaffirming the close friendship enjoyed between the two countries and people; and reiterated the spirit of the Joint Statement in 2012.

4. Both Leaders looked forward to commemorate the 25th Anniversary of diplomatic relations in 2017 with activities to deepen mutual understanding and people-to-people linkages.

5. His Majesty congratulated the Vietnamese people on their achievements through the Socio-Economic Development Plans as envisioned in the “Doi Moi” policy. His Majesty expressed confidence that under His Excellency’s leadership, Vietnam will achieve its target to become an industrialised country by 2020.

6. His Excellency also commended the efforts undertaken by His Majesty’s Government in implementing various strategic plans towards achieving the goals of “Wawasan Brunei 2035”, which aims to make Brunei Darussalam widely recognised for the achievements of its educated and highly skilled people, high quality of life, and a dynamic and sustainable economy.

7. Both Leaders welcomed the increased interactions at all levels and agreed to strengthen the existing bilateral consultative mechanisms. In this regard, both Leaders agreed to the early convening of the Joint Commission Meeting (JCM) to further deepen and expand cooperation between both countries.

8. Both Leaders acknowledged the common aspirations of pursuing economic persification and recognised the role of the private sectors in enhancing competitiveness and encouraged continued mutual sharing of best practices to identify potential areas of cooperation.

9. Both Leaders underscored the importance in further enhancing bilateral cooperation in trade and investment, particularly in energy, agriculture and fisheries, education, labour, air services, people-to-people exchanges and defence. Both sides also looked forward to explore cooperation in the areas of transnational crimes, extradition and transfer of sentenced persons.

10. Both Leaders also reiterated their commitment to deepen economic relations between Brunei Darussalam and Vietnam with the objective of reaching a bilateral trade target of US$500 million by the year 2025 and facilitate greater business and investment opportunities between the two countries. Hence, both sides welcomed the signing of the MOU on Economic and Trade Cooperation between the Ministry of Industry and Trade of Vietnam and the Ministry of Foreign Affairs and Trade of Brunei Darussalam in supporting efforts to achieve the bilateral trade target. Both sides are confident that the MOU would also further the objectives of the Trade Agreement between the Government of the Socialist Republic of Vietnam and the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam, signed on 12 November 2001.

11. Both Leaders noted the importance of promoting energy cooperation and expressed satisfaction with the energy cooperation between Brunei National Petroleum Company Sendirian Berhad (PetroleumBRUNEI) and Vietnam Oil and Gas Group (PetroVietnam) and welcomed the recent completion of the Maharaja Lela South platform.

12. Both Leaders noted the progress made in implementing the MOU on Cooperation in Agriculture and Fisheries signed in May 2013. His Majesty expressed appreciation for the exchanges of expertise on rice production as well as other crops, and agreed to consider extension of the exchanges. Both Leaders agreed to enhance economic and development cooperation in fisheries sector, and the importance of fostering exchanges and mutual understanding between the two countries.

13. Both Leaders welcomed cooperation in labour and looked forward to negotiations on the MOU on Labour Cooperation.

14. Both Leaders recognised the important role of people-to-people exchanges and welcomed the signings of the MOU on Education Cooperation in April 2014 and the MOU between Universiti Brunei Darussalam, Brunei Darussalam and FPT University, Socialist Republic of Vietnam in July 2013. Brunei Darussalam expressed appreciation for Vietnam’s continued participation in the Brunei - US English Language Enrichment Programme for ASEAN.

15. Both Leaders highly appreciate connectivity between the two countries and welcomed the resumption of direct flights between Bandar Seri Begawan and Ho Chi Minh City in October 2014 especially in further promoting closer ties between the peoples of Brunei Darussalam and Vietnam. Both sides also looked forward to the signing of the Agreement on Maritime Transport.

16. Both Leaders welcomed the signing of the MOU on Cultural Cooperation and expressed hope that this will positively contribute to deeper understanding and appreciation of both countries’ heritage and culture.

17. Both Leaders expressed satisfaction with the progress made in defence under the MOU between Royal Brunei Navy and Vietnam People’s Navy on Bilateral Cooperation signed in December 2013. His Majesty expressed appreciation on Vietnam’s continued support of Brunei International Tattoo, and Brunei International Shooting Skill-at-Arms Meet (BISAM). On the regional level, His Majesty expressed appreciation on Vietnam’s participation in the ASEAN Defence Ministers’ Meeting (ADMM)-Plus Maritime Security and Counter-Terrorism Exercise on 2 - 12 May 2016 in Bandar Seri Begawan and Singapore. Both sides agreed to strengthen cooperation between their armed forces, particularly of the Navy and training for the respective military personnel.

18. His Excellency acknowledged Brunei Darussalam’s role as an active player in regional affairs and expressed appreciation for His Majesty’s long-standing leadership and valuable contributions to ASEAN.

19. Both Leaders reaffirmed their commitment to upholding peace, stability, and prosperity in the region, including advancing ASEAN community building efforts through the full and effective implementation of the ASEAN Community Vision 2025. To these ends, both sides emphasised the importance of peaceful resolution of disputes in the region.

20. Both Leaders agreed to implement fully and effectively the Declaration of Conduct of Parties in the South China Sea (DOC) and work closely together towards the early conclusion of the Code of Conduct (COC). Both sides also reaffirmed the importance of ASEAN’s central role in the regional security architecture.

21. Both sides reiterated their commitment to continue enhancing consultations on areas of common interest in other regional and international fora such as the Asia-Pacific Economic Cooperation (APEC), Asia-Europe Meeting (ASEM), United Nations (UN) and World Trade Organization (WTO).

22. Both Leaders welcomed the strengthening of economic ties in the region, particularly through the signing of the Trans-Pacific Partnership Agreement (TPP) on 4 February 2016 and looked forward to the ratification of the TPP by all Parties.

23. His Majesty expressed Brunei Darussalam’s full support for Vietnam’s Chairmanship of APEC in 2017 and wished the Government and people the very best in their preparations.

24. His Excellency expressed appreciation for the warm welcome and kind hospitality accorded to him and his delegation and looked forward to welcoming His Majesty and members of the Royal Family to visit Vietnam in the near future.

Source: VOV

Related News

Enhance the core values of the national brand

Enhance the core values of the national brand

VCN - Vietnam is always considered one of the most dynamic and open economies in the world, the 4th largest economy in ASEAN and the 40th largest in the world. However, in the context of a highly competitive economy, the issue of branding is still a weakness of Vietnamese businesses.
Wood exports started well

Wood exports started well

VCN - After a year of missing the growth target, the year of 2024 exporting wood and wood products has had a good start, but there are still many potential risks.
Leverage to increase the scale of Vietnam - Laos trade turnover

Leverage to increase the scale of Vietnam - Laos trade turnover

VCN - From 2012 until now, trade turnover between the two countries has grown by 10-15%/year, but it has only reached US$1.65 billion which is not commensurate with the potential and special relationship between the two countries.
Vietnam-China trade reaches over US$ 27 billion

Vietnam-China trade reaches over US$ 27 billion

VCN – China continues to be the Vietnam's largest trading partner.

Latest News

Vietnam improving readiness to attract foreign investment: official

Vietnam improving readiness to attract foreign investment: official

Vietnam has been applying itself to making institutional, infrastructure, and manpower improvements in efforts to attract more foreign investment, especially in such big industries as electronics and semiconductor, said Deputy Minister of Planning and Investment Do Thanh Trung.
Green logistics helps firms obtain sustainable, comprehensive development: Insiders

Green logistics helps firms obtain sustainable, comprehensive development: Insiders

Greening the logistics industry and applying green logistics in business will help enterprises meet environmental criteria, increase competitiveness, and achieve sustainable and comprehensive development and growth, experts said.
Việt Nam has many opportunities to improve labour productivity: expert

Việt Nam has many opportunities to improve labour productivity: expert

Dr. Nguyễn Bích Lâm , an economic expert and former Director General of the General Statistics Office, talks to Vietnam News Agency about the importance, the current situation of labour productivity in the Vietnamese economy.
PM presides over Government’s regular meeting

PM presides over Government’s regular meeting

Prime Minister Pham Minh Chinh on May 4 chaired the Government’s regular meeting to review the socio-economic situation in April and the first four months of 2024, public investment allocation and disbursement, and the implementation of the three national target programmes.

More News

Ample room for Việt Nam-Thailand cooperation in new economic sectors: official

Ample room for Việt Nam-Thailand cooperation in new economic sectors: official

Given the shared goal of achieving net zero emissions, the Việt Nam Trade Office in Thailand will actively seek opportunities to connect enterprises in climate change response sectors.
Exports, FDI remain Vietnam’s bright spots: HSBC

Exports, FDI remain Vietnam’s bright spots: HSBC

In latest report “Vietnam at a glance: keep calm and carry on”, HSBC maintains GDP growth forecast for Vietnam at 6% this year.
Growth engines rev up in first four months

Growth engines rev up in first four months

The Vietnamese economy is expected to carry momentum in the months to come after experiencing improvements in foreign direct investment (FDI) attraction, industrial production, and retail sales, among others, in the first four months of this year, experts have said.
Vietnam fulfills Chairmanship of Asia Pacific Group at UN for April

Vietnam fulfills Chairmanship of Asia Pacific Group at UN for April

Ambassador Dang Hoang Giang, Vietnam's Permanent Representative to the United Nations (UN), as Chair of the Asia Pacific Group (APG) at the UN for April, has presided over a meeting summarising the activities of the group last month.
Startups gradually mature in international markets

Startups gradually mature in international markets

VCN - In spite of being emerging and born amid the chaotic situation, many Vietnamese startups still affirm their youthful spirit and gradually become mature in both domestic market and overseas market.
Việt Nam to promote local tourism

Việt Nam to promote local tourism

Localities are encouraged to carry out the "Vietnamese People traveling in Việt Nam - Việt Nam I Love” programme with an aim to boost the growth of tourism in the upcoming time.
April 30 Victory – Glorious milestone in national history

April 30 Victory – Glorious milestone in national history

The event marked the end of the last war in Việt Nam, becoming a glorious milestone in the revolution of the country under the leadership of the Party and President Hồ Chí Minh.
Vietnam secures remarkable economic successes since national reunification

Vietnam secures remarkable economic successes since national reunification

Since the national reunification on April 30, 1975, Vietnam has obtained admirable economic achievements and is now on its way to become the 20th largest economy in the world.
Precious significance of Điện Biên Phủ Victory

Precious significance of Điện Biên Phủ Victory

Sr Lt Gen Nguyễn Tân Cương, chief of the General Staff of the Việt Nam People’s Army and deputy minister of National Defence, talks with Nguyên Nhung about the significance of the
Read More

Your care

Latest Most read
Vietnam improving readiness to attract foreign investment: official

Vietnam improving readiness to attract foreign investment: official

Vietnam has been applying itself to making institutional, infrastructure, and manpower improvements in efforts to attract more foreign investment, especially in such big industries as electronics and semiconductor, said Deputy Minister of Planning and Investment Do Thanh Trung.
Green logistics helps firms obtain sustainable, comprehensive development: Insiders

Green logistics helps firms obtain sustainable, comprehensive development: Insiders

Greening the logistics industry and applying green logistics in business will help enterprises meet environmental criteria, increase competitiveness, and achieve sustainable and comprehensive development and growth, experts said.
Việt Nam has many opportunities to improve labour productivity: expert

Việt Nam has many opportunities to improve labour productivity: expert

Dr. Nguyễn Bích Lâm , an economic expert and former Director General of the General Statistics Office, talks to Vietnam News Agency about the importance, the current situation of labour productivity in the Vietnamese economy.
PM presides over Government’s regular meeting

PM presides over Government’s regular meeting

Prime Minister Pham Minh Chinh on May 4 chaired the Government’s regular meeting to review the socio-economic situation in April and the first four months of 2024, public investment allocation and disbursement, and the implementation of the three national target programmes.
Ample room for Việt Nam-Thailand cooperation in new economic sectors: official

Ample room for Việt Nam-Thailand cooperation in new economic sectors: official

Given the shared goal of achieving net zero emissions, the Việt Nam Trade Office in Thailand will actively seek opportunities to connect enterprises in climate change response sectors.
Mobile Version