Venezuela and Malaysia Aim to Emulate Vietnam’s Development Achievements

At the expanded BRICS Summit in Kazan, Venezuelan President Nicolas Maduro and Malaysian Minister of Economy Rafizi Ramli expressed interest in Vietnam’s development strategies. They met with PM Pham Minh Chinh to explore enhancing trade and investment ties. Both leaders acknowledged Vietnam’s socio-economic achievements and sought areas for collaboration, while also extending mutual invitations for official visits.

During the expanded BRICS Summit held in Kazan, Russia, Venezuelan President Nicolas Maduro and Malaysian Economy Minister Rafizi Ramli both expressed a keen interest in studying Vietnam’s development strategies. In a meeting with Prime Minister Pham Minh Chinh, President Maduro emphasized the historic ties between Vietnam and Venezuela and conveyed his admiration for Vietnam’s impressive socio-economic progress over the last decade. He articulated his desire to learn from Vietnam’s growth model. PM Chinh reiterated the significance of strengthening economic, trade, and investment relations between the two nations, highlighting the aim to convene an Intergovernmental Committee session to facilitate discussions in these areas. Additionally, both leaders agreed to focus on the successful implementation of existing agreements across various sectors including agriculture, oil, and telecommunications while exploring new collaborative opportunities. President Maduro extended an invitation for high-ranking Vietnamese officials, including State President Luong Cuong, to visit Venezuela, while PM Chinh reciprocated by inviting President Maduro to Vietnam. In a separate meeting, Malaysian Minister of Economy Rafizi Ramli praised Vietnam’s rapid economic advancements and proposed closer collaborations between Vietnam and Malaysia in emerging fields such as energy transition and electronics production. He advocated for increased Malaysian investments in high-tech sectors and expressed an interest in Vietnam’s strategies for enhancing its creative industry. PM Chinh acknowledged the upcoming role of Malaysia as ASEAN Chair for 2025 and committed Vietnam’s support for Malaysia’s leadership within ASEAN. Furthermore, PM Chinh also hosted a meeting with Cuban Foreign Minister Bruno Rodriguez Parrilla, where he recognized the challenges Cuba is facing due to recent power outages and underscored Vietnam’s willingness to assist Cuba in addressing these difficulties. Both foreign leaders discussed the importance of bolstering the Vietnam-Cuba partnership by following through on previous agreements made during a recent state visit to Cuba.

The recent interactions between leaders at the expanded BRICS Summit reflect the increasing interest of nations such as Venezuela and Malaysia in Vietnam’s developmental paradigm. Historically, Vietnam has made significant strides in socio-economic development and its experiences have garnered attention from various countries seeking to enhance their own growth strategies. This event highlights the potential for international cooperation and exchange of ideas among emerging economies. As countries navigate complex global challenges, such interactions illustrate a concerted effort to foster international relationships while sharing successful practices and strategies for economic resilience and innovation. Vietnam’s engagement with Venezuela and Malaysia not only strengthens bilateral ties but also enhances its position within regional and global frameworks.

The discussions at the expanded BRICS Summit underscore a shared interest among Venezuela and Malaysia in Vietnam’s development experience. Both countries expressed their intent to deepen economic cooperation and explore new collaborative avenues, marking a significant step toward enhancing bilateral relations. These engagements highlight Vietnam’s evolving role as a partner in regional development, paving the way for future collaboration that can yield mutual benefits. Overall, the willingness of these nations to learn from each other’s experiences illustrates a growing trend of international cooperation aimed at fostering economic growth, stability, and resilience in a rapidly changing global landscape.

Original Source: tuoitrenews.vn

About Victor Santos

Victor Santos is an esteemed journalist and commentator with a focus on technology and innovation. He holds a journalism degree from the Massachusetts Institute of Technology and has worked in both print and broadcast media. Victor is particularly known for his ability to dissect complex technological trends and present them engagingly, making him a sought-after voice in contemporary journalism. His writings often inspire discussions about the future of technology in society.

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