State President Luong Cuong and visiting Sri Lankan President Anura Kumara Dissanayaka pledged to take breakthrough measures to increase two-way trade and investment, aiming for bilateral trade turnover of $1 billion, during their talks held in Hanoi on May 5.

The two leaders agreed to expand cooperation in important fields such as agriculture, food security, science and technology, education, and tourism.

They agreed to promote the signing of economic, trade and investment cooperation agreements, and facilitate market access for each country’s competitive goods to diversify supply chains.

They also vowed to strengthen business links, facilitate trade exchanges, and encourage airlines of Vietnam and Sri Lanka to open direct flights linking the two countries.

Following the talks, the two Presidents witnessed the signing of five cooperation agreements in the fields of diplomacy, trade, customs, agriculture, and machinery manufacturing.

During a State visit to Vietnam between May 4-6,  President Anura Kumara Disanayaka attended the UN Day of Vesak celebrations on May 6, 2025, held in Ho Chi Minh City,  as Chief Guest and delivered the keynote address, reaffirming longstanding Buddhist ties between Vietnam and Sri Lanka.