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]
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History
editRelations 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
editSeveral 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
editThere is also co-operation between the two navies of both countries in maintaining peace, stability and maritime security in the region.[5]
Further reading
editSee also
editReferences
edit- ^ a b c "Brunei-Vietnam Relations". Ministry of Foreign Affairs and Trade (Brunei). Archived from the original on 22 February 2014. Retrieved 12 February 2014.
- ^ a b c d e "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.
- ^ Frank Frost (1993). Vietnam's Foreign Relations: Dynamics of Change. Institute of Southeast Asian. pp. 63–. ISBN 978-981-3016-65-1.
- ^ 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.
- ^ "Hotline set up between navies of Vietnam and Brunei". Tuổi Trẻ. 12 July 2013. Retrieved 12 February 2014.
