Vietnam and Kazakhstan on the brink of a new era of collaboration

Revamped Blog Post: Vietnam-Kazakhstan Relations on the Up: A New Era of Partnership Ahead

Vietnam and Kazakhstan on the brink of a new era of collaboration

Hold onto your hats, folks! The impending visit of General Secretary Tô Lâm to Kazakhstan promises to catapult the relationship between Việt Nam and Kazakhstan to unprecedented heights, transforming the political landscape and fostering a whole new level of cooperation in the process.

President Kassym-Jomart Tokayev has extended an invitation to our Party chief, marking the first time a our websiteese Party leader sets foot in Kazakhstan. This monumental visit will usher in the highest-level delegation exchange since diplomatic relations were established back in 1992.

In an exclusive chat with our webzine, our Ambassador to Kazakhstan Phạm Thái Như Mai emphasized the lofty expectations for bilateral ties, stating that the future of Việt Nam-Kazakhstan relations would be closely aligned with both nations' shared interests and development priorities.

Progress in cooperation between the two countries has been nothing short of phenomenal in recent years. Bilateral trade turnover nearly doubled, climbing from over $400 million in 2022 to an impressive $1 billion by 2023-2024.

Enterprises across various sectors, from oil and gas to real estate and tourism, are keen to tap into Kazakhstan's fertile soil, with the Sovico Group even planning a strategic takeover of Qazaq Air. This transaction would pave the way for new flight routes bridging Việt Nam, Central Asia, and Europe, beefing up regional connectivity and facilitating the exchange of goods and services.

The sky appears the limit when it comes to the blossoming aviation partnership between both countries. Since October 2022, Vietjet Air has offered direct flights between Almaty and Cam Ranh City, fostering increased commerce and tourism between the nations. Kazakhstan is rapidly emerging as a booming tourism market for Việt Nam, with visitor numbers surging to approximately 150,000 annually!

But that's not all – flights operate at a regular frequency of 33 times per week, linking top Việt Nam destinations like Nha Trang, Phú Quốc, and Đà Nẵng. Projections indicate Kazakh tourists flocking to Việt Nam could swell to 300,000 annually very soon.

Bilateral agreements, such as the recently ratified visa exemption deal, are helping to melt the ice even further. The agreement grants 30-day visa-free entry to passport holders of both nations, expected to supercharge tourism and business travel. Capitals like HCM City and Almaty have also formalized sister-city ties, and new agreements have been inked between Đà Nẵng and Aktau, as well as Bắc Ninh Province and East Kazakhstan.

In the fast-approaching future, both nations are expected to inject life into fresh mechanisms of collaboration between ministries, sectors, and localities, focusing on practical, ambitious, and results-driven engagements.

According to Ambassador Mai, President Tokayev's 2023 visit served as a potent catalyst for the bilateral relationship, but General Secretary Tô Lâm's visit is poised to be the game-changer, solidifying and expanding the Việt Nam-Kazakhstan partnership across both traditional and innovative spheres.

During this pivotal visit, the two countries are expected to ink a suite of key bilateral accords covering defence, security, justice, trade and investment connectivity, finance, science and technology, digital transformation, energy and mining, culture, sports, tourism, and people-to-people and local-level cooperation.

These areas of cooperation strike a chord with both nations' socio-economic development agendas, ensuring their ability to adapt to economic problems and boost competitiveness in the pursuit of sustainable development.

Kazakhstan, the Central Asian region's biggest economy, accounts for a staggering 50% of the region's GDP. A recent boom has seen the economy swell by 4.8% in 2024, and it's projected to reach a whopping $450 billion by 2029. Kazakhstan offers foreign investors a favourable environment, complete with government incentives, strategic positioning as a bridge between Asia and Europe, and ongoing reforms in taxation, administration, and investment[5].

With energy, digital technology, and artificial intelligence emerging as key focus sectors, the burgeoning partnership between Việt Nam and Kazakhstan presents enticing opportunities for our webizens seeking to expand their business empires internationally.

As Việt Nam and Kazakhstan stand on the precipice of a new era of comprehensive cooperation, the visit of General Secretary Tô Lâm promises to map out a route to closer ties in both classic and emerging fields, and set the groundwork for a lasting, fruitful partnership. - VNS

[1] https://vietnamnews.vn/politics-laws/1061956/vietnam-kazakhstan-relations-continue-to-deepen- Vietnam News[2] https://vietnamnews.vn/politics-laws/1053445/vietnam-s-success-seeking-more-support-at-shanghai-cooperation-council/ Vietnam News[3] https://vietnamnews.vn/politics-laws/1050877/azerbaijan-vietnam-to-boost-tourism-cooperation- Vietnam News[4] https://vietnamnet.vn/en/government/vietnam-and-kazakhstan-formally-agree-to-exempt-visa-for-ordinary-passport-holders-814099.html VietnamNet[5] https://kazpravda.kz/economics/economic-situation/tokayev-overviewed-situation-of-economy-commodity-markets/ Kazpravda.kz

our websiteese Ambassador to Kazakhstan Phạm Thái Như Mai. - VNA/VNS Photo

The visit of General Secretary Tô Lâm to Kazakhstan signals a significant shift in the government-to-government relationship between Vietnam and Kazakhstan, potentially leading to an escalation in collaboration across various sectors.
President Kassym-Jomart Tokayev's invitation to Vietnam's Party chief marks a historic milestone, as it will be the first time a Party leader from Vietnam sets foot in Kazakhstan.
The impending visit is expected to elevate the delegation exchange to its highest level since the establishment of diplomatic relations in 1992.
In a dialogue with the webzine, the Ambassador of Vietnam to Kazakhstan, Phạm Thái Như Mai, shared optimistic expectations for the future of the Vietnam-Kazakhstan partnership, aligning closely with the shared interests and development priorities of both nations.
Bilateral trade between Vietnam and Kazakhstan has seen a remarkable increase in recent years, with trade turnover nearly doubling from over $400 million in 2022 to $1 billion by 2023-2024.
Enterprises across multiple sectors, including oil and gas, real estate, and tourism, are eager to leverage Kazakhstan's rich resources for growth and expansion.
The Sovico Group's strategic takeover of Qazaq Air could pave the way for new flight routes connecting Vietnam, Central Asia, and Europe, further enhancing regional connectivity and trade.
The aviation partnership between the two countries has experienced significant growth, with Vietjet Air offering direct flights between Almaty and Cam Ranh City since October 2022.
Kazakhstan has emerged as an attractive tourism destination for Vietnamese travelers, with visitor numbers estimated to reach approximately 150,000 annually.
Bilateral agreements, such as the visa exemption deal, are instrumental in fostering increased tourism and business travel between the two countries.
Both nations anticipate injecting new life into collaborative mechanisms spanning ministries, sectors, and localities, with a focus on practical, ambitious, and results-driven engagements across various fields, including politics, economics, trade, culture, technology, sports, and justice.