The country imported US$ 5.86 billion worth of goods from Malaysia last year, increased by 13.3 per cent over the year of 2016, showed the statistics figures of the General Department of Customs.

Petroleum was leading the list of items imported by the country from Malaysia last year with $ 1.25 billion, up by 1.8 per cent year – on - year and accounted for 21.3 per cent of the total. It was followed by computers, electronics and components with $ 1.15 billion, up by 19.4 per cent; and then machines, equipment and spare parts with $ 660.65 million, up by 54.3 per cent; oil and grease - $ 478.76 million, up by 13.6 per cent; plastics - $ 254.21 million, up by 9 per cent; and other ordinary metals – $ 231.2 million, up by 18.4 per cent year – on – year.

Last year, the country’s imports of LPG (liquefied petroleum gas) from Malaysia rocketed by 300 per cent to % 5.45 million; oil products – up by 86 per cent to $ 73.34 million; minerals – up by 73.3 per cent to $ 3.14 million; glass and products – up by 70.6 per cent to $ 16.91 million; fertilizer of all kinds – up by 63.6 per cent to $ 37.01 million; machines, equipment and spare parts – up by 54.3 per cent to $ 660.65 million; and rubber – up by 51.4 per cent to $ 28.899 million.

Malaysia is now the 15^th biggest investor in Vietnam. By December 20, 2017, Malaysia had 28 FDI projects with the total registered capital of $ 122.77 million.

Vietnam’s imports of goods from Malaysia in 2017 - Unit: US$ - source: the General Department of Customs