Brunei–Vietnam relations

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Brunei–Vietnam relations
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Brunei and Vietnam established diplomatic relations in 1992. Brunei has an embassy in Hanoi, and Vietnam has an embassy in Bandar Seri Begawan. [1] Relations between the two countries have always been friendly especially in political field. [2]

Contents

History

Relations between the two countries has been established since 29 February 1992. [1] In 1998, His Majesty Hassanal Bolkiah paid an official visit to Vietnam while in 2001, President Tran Duc Luong paid an official visit to Brunei. [2]

Economic relations

Several agreements such as agreement on aviation has been signed by both countries. [1] [3] The two-way trade volume reached about U$1.5–2 million per year. [2] In 2005, the trade volume was U$4.5 million. By the end of June 2007, Brunei had 37 investment projects in Vietnam with a total capital of U$125.8 million, ranking 29th among 74 countries and territories investing in Vietnam. [2] While in 2012, Brunei now ranks 12th among 94 foreign investors in Vietnam with US$48.5 billion poured into 124 projects. [4] Brunei also annually grants Vietnamese in many scholarships for training in the fields of oil and gas engineering and English courses. [2]

Security relations

There is also co-operation between the two navies of both countries in maintaining peace, stability and maritime security in the region. [5]

Further reading

See also

References

  1. 1 2 3 "Brunei-Vietnam Relations". Ministry of Foreign Affairs and Trade (Brunei). Archived from the original on 22 February 2014. Retrieved 12 February 2014.
  2. 1 2 3 4 5 "VIETNAM – BRUNEI DARUSSALAM RELATIONS". Embassy of the Socialist Republic of Vietnam in Brunei Darussalam. Archived from the original on 24 February 2014. Retrieved 12 February 2014.
  3. ↑ Frank Frost (1993). Vietnam's Foreign Relations: Dynamics of Change. Institute of Southeast Asian. p. 63. ISBN   978-981-3016-65-1.
  4. ↑ Fitri Shahminan (7 February 2012). "Vietnam foreign minister arrives in Sultanate". The Brunei Times . Archived from the original on 22 February 2014. Retrieved 12 February 2014.
  5. ↑ "Hotline set up between navies of Vietnam and Brunei". Tuổi Trẻ. 12 July 2013. Retrieved 12 February 2014.
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