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Philippines, Vietnam ink defense and economic deals, elevate ties

1 June 2026
in Business
Reading Time: 4 mins read
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Philippines, Vietnam ink defense and economic deals, elevate ties
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PHILIPPINE President Ferdinand R. Marcos, Jr. and President of the Socialist Republic of Vietnam To Lam held a bilateral meeting in Malacañan Palace. — PHILIPPINE STAR/NOEL B. PABALATE

By Chloe Mari A. Hufana, Reporter

MANILA AND HANOI expanded their cooperation in defense, economic and agriculture, and tourism as they upgraded their diplomatic ties to an enhanced strategic partnership, Philippine President Ferdinand R. Marcos, Jr. said on Monday.

Mr. Marcos said the elevation, which takes place on the cusp of the 50th year of the two nations’ diplomatic ties, affirms Vietnam’s “unique and enduring position” as the Philippines’ sole strategic partner in Southeast Asia.

Mr. Marcos and Vietnamese President To Lam agreed to renew the 2010 Philippines-Vietnam Memorandum of Agreement on Defense Cooperation to strengthen joint capabilities in maritime security, military education and disaster risk reduction and management.

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