Vietnam enjoys high trade surplus with Malaysia   (VOV) - Two-way trade turnover between Vietnam and Malaysia peaked at US$1.24 billion in the first two months of the year, resulting in a trade surplus of US$90 million, the Vietnam trade office has announced.  Of the figure, Vietnam’s exports to Malaysia hitUS$665 million while its imports from the market were US$575 million. During the reviewed period, Vietnamese key exports to Malaysia included crude oil, telephones, components, computers, rubber, iron and steel, means of transport, and glass products, according to statistics from Vietnam Customs.   Crude oil took the lead with turnover of US$186.6 million, followed by telephones and components (nearly US$95 million), computers, electronics and components (US$93.2 million) and rubber (US$35.3 million). Meanwhile, Vietnam’s major imports were computers, electronics and components, plant oils, plastics, oil and gas, chemicals and household utensils. Vietnam-Malaysia trade ties showed positive signs in the 2011-2013 period with trade turnover increasing by 24% on average per year. Last year’s two-way trade turnover capped out at US$9.1 billion with Vietnam’s trade surplus with Malaysia climbing to US$850 million.  Malaysia is Vietnam’s third largest trade partner in the ASEAN and ranked eighth among nations and territories investing in Vietnam with 455 projects capitalized at US$10.4 billion. Both nations are striving to bring two-way trade to an all time record setting high of US$10 billion by 2015 as agreed during State President Truong Tan Sang’s visit to Malaysia in 2011.  VOV