The two sides agreed on major measures to further strengthen bilateral friendship and cooperation, as well as cooperation in regional and international issues of mutual concern. 

They affirmed their hope to continue the fine relations in all fields based on the signed Vietnam-Mongolia Cooperation and Friendship Treaty. 

They were unanimous in intensifying exchanges and ties in defence-security and crime prevention. 

The two countries applauded the mutual recognition of their full market economy status, helping to boost bilateral economic and trade ties. 

The Mongolian side welcomed Vietnamese businesses to invest in oil and mineral exploitation in the country. 

Meanwhile, the Vietnamese side is willing to support Mongolia in expanding and strengthening its relationship with other ASEAN countries and back the country’s bid to join the Asia-Pacific Economic Cooperation (APEC) forum when it admits new member. 

Vietnam and Mongolia stressed the need to maintain peace, stability, maritime freedom and safety in the East Sea, and affirmed support for solving all disputes by peaceful means, refraining from the use of force and respecting international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS), implementing the Declaration on the Conduct of Parties (DOC) in the East Sea and promptly reaching a Code of Conduct (COC) in the East Sea. 

They highly valued the Mongolian President’s official visit to Vietnam, agreeing that it was a milestone in the two countries’ traditional relations. 

On this occasion, Vietnam and Mongolia signed a Memorandum of Understanding between the two Foreign Ministries, an agreement on crime prevention, a Memorandum of Understanding on defence cooperation and a Memorandum of Understanding on oil and gas partnership.