At the meeting between National Assembly Chairman Tran Thanh Man and President of the National Assembly and Speaker of the House of Representatives of Thailand Wan Muhamad Noor Matha in Vientiane on October 19. (Photo: VNA)

Man stressed that the bilateral trade reached 13 billion USD in the first eight months of this year, up 8.6% year-on-year, suggesting the two sides work harder to reach the target of 25 billion USD in the two-way trade in a balanced manner. It can be achieved by reducing trade barriers, facilitating market access, resolving obstacles, and enhancing trade and investment cooperation between the two countries, he continued.

Regarding the legislative ties, the Vietnamese leader highlighted a cooperation agreement between the two legislatures for the 2023 – 2028 period and a range of solutions taken to deepen the cooperation.

The Thai leader, for his part, congratulated Vietnam on its achievements in socio-economic development, especially in attracting foreign investments, including those from Thailand.

He also commended contributions by the community of 100,000-odd Vietnamese in Thailand to the host country's socio-economic development.

The two leaders agreed to further boost coordination in monitoring the implementation of cooperation agreements reached by the two countries, while effectively putting in place collaboration documents between the two legislative bodies.

Man suggested the Thai legislature continue supporting cooperation between the two countries at multilateral forums, particularly the United Nations, AIPA, ASEAN, and sub-regional cooperation mechanisms.

The two leaders emphasised the need to uphold ASEAN's common stance on the East Sea issue, ensuring peace, stability, security, and freedom of navigation and overflight in the region on the basis of international law and the 1982 United Nations Convention on the Law of the Sea.