The almost forgotten Northeast Asian power of Mongolia in the minds of Southeast Asia is deepening ties with Vietnam. Diplomatic relations were established diplomatic ties more than 50 years ago. Since then, the two countries have signed 3 Friendship and Cooperation Agreements (1961, 1979 and 2000) and about 20 Agreements on cooperation in economy, trade, culture, education, science, technology and other fields.
On 30 and 31 October 2008, Vietnamese President Nguyen Minh Triet and his wife paid a state visit to Mongolia at the invitation of the Mongolian President Nambaryn Enkhbayar. This state visit was the result of Enkhbayar and Triet meeting on the sidelines of the seventh forum of the Asia-Europe Meeting (ASEM), which was held from 23 to 25 October 2008 in Beijing.
Vietnam exported a number of commodities to Mongolia including rice, tea, coffee, peppercorns, processed food such as canned fish, fruit, vegetables as well as textiles, sport equipment, porcelain and pottery.
Mongolia hopes that Vietnam will import Mongolian goods such as feathers, good cattle leather, flour, cattle fodder, canned meat, woolen goods, and mining products such as bronze. It also wants Vietnam to invest in mineral exploitation, urban infrastructure, agricultural products processing and pharmaceutical production.
Strategically, there is also some desire to form some linkages in coping with traditional dominance from China and Russia. The Mongolian president hoped that Viet Nam would become a bridge for increased co-operation between Mongolia and Southeast Asian countries.
Daly, John CK, "MONGOLIA DEEPENS TIES WITH VIETNAM" dated 28 October 2008 in Jamestown.org [downloaded on 1 Dec 2008], available atwww.jamestown.org/edm/article.php?article_id=2373484
Ministry of Foreign Affairs Vietnam, "Viet Nam – Mongolia Relations" dated 1 Dec 2008 in the MFA Vietnam website [downloaded on 1 Dec 2008], available athttp://www.mofa.gov.vn/en/cn_vakv/ca_tbd/nr040819103254/ns070817145820
Vietnam News Agency, “Mongolia, Viet Nam aim to develop economic ties” dated 31 Oct 2008 in the VNA website [downloaded on 1 Dec 2008], available athttp://vietnamnews.vnagency.com.vn/showarticle.php?num=02POL311008