HANOI, March 22 — Malaysia is ready to offer its expertise and advisory services to Vietnam and Vietnamese companies that have expressed interest in enhancing cooperation with Malaysia on the development of the country’s halal industry.
He added that Malaysia is also ready to offer its Islamic banking products as well as its assistance in expanding the halal ecosystem in Vietnam. “I had spoken to Petronas’ president on this matter and we agreed for an initial supply of 300,000 barrels of RON95 petrol to Vietnam,” he said, adding that Malaysia is willing to continue supplying the fuel to Vietnam if the need arises.
He highlighted that Malaysia’s total global trade value had surpassed RM2 trillion , while Vietnam’s had reached close to US$650 billion.