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Brunei and Vietnam established diplomatic relations in 1992. Brunei has an embassy in Hanoi, and Vietnam has an embassy in Bandar Seri Begawan.[1] Relations between the two countries have always been friendly especially in political field.[2]
Relations between the two countries has been established since 29 February 1992.[1] In 1998, His Majesty Hassanal Bolkiah paid an official visit to Vietnam while in 2001, President Tran Duc Luong paid an official visit to Brunei.[2]
Several agreements such as agreement on aviation has been signed by both countries.[1] [3] The two-way trade volume reached about U$1.5–2 million per year.[2] In 2005, the trade volume was U$4.5 million. By the end of June 2007, Brunei had 37 investment projects in Vietnam with a total capital of U$125.8 million, ranking 29th among 74 countries and territories investing in Vietnam.[2] While in 2012, Brunei now ranks 12th among 94 foreign investors in Vietnam with US$48.5 billion poured into 124 projects.[4] Brunei also annually grants Vietnamese in many scholarships for training in the fields of oil and gas engineering and English courses.[2]
There is also co-operation between the two navies of both countries in maintaining peace, stability and maritime security in the region.[5]