Mongolian Ambassador to Vietnam D.Enkhbat said he is pleased with regular high-level visits and exchanges by Vietnamese and Mongolia leaders at a press meeting in Hanoi on June 24.

He informed the press that in its multilateral diplomatic policy, Mongolia treasures the expansion of ties with Southeast Asian countries and fully believes that Vietnam will act as a helpful bridge for such relationship.

The ambassador noted that the two countries have long provided mutual support within the United Nations frameworks as well as at regional and global organisations. They have recognised each other as market economy.

Two-way trade between the two nations hit 28.1 million USD last year, with Mongolia selling to Vietnam sheep wool and leather items and buying tea, coffee and garment. Over the past 23 years, Vietnamese companies have invested in 163 projects in Mongolia.

Enkhbat expressed hope for more bilateral trade-economic activities and cultural exchanges between young generations.

On the occasion, he also announced several upcoming celebrations in Mongolia, including the 809 th anniversary of the establishment of the Great Mongol State, the 94th anniversary of People’s Revolution. In 2016, the country will host the Asia-Europe Meeting.