The Government of the Socialist Republic of Vietnam and the Government of Malaysia, hereinafter referred to as "Contracting Parties";

Desiring to expand and deepen economic and industrial cooperation on a long term basis, and in particular, to create favorable conditions for investments by investors of one Contracting Party in the territory of the other Contracting Party;

Recognizing the need to protect investment by investors of both Contracting Parties and to stimulate the flow of investments and individual business initiative with a view to the economic prosperity of both Contracting Parties;

Have agreed as follows: