At the forum (Source: VCCI)

Hanoi (VNA) – A forum was held in Hanoi on December 11 for Vietnamese and Indonesian enterprises to forge stronger partnerships towards the 10 billion USD trade value set for 2018.

Jointly organised by the Vietnam Chamber of Commercial and Industry (VCCI) and the Embassy of Indonesia in Vietnam, it helped the businesspeople to understand more about the respective country’s investment and trade needs, especially when the ASEAN Economic Community is formed by the year-end and Indonesia is the biggest market in ASEAN.

Addressing the event, VCCI Vice President Doan Duy Khuong recalled that during the 60 th anniversary of the two countries’ diplomatic ties, the business circles expressed their wishes to be provided with more favourable conditions to step up investment and trade, in particular in core areas.

Pratito Soeharyo from the Indonesia Investment Coordinating Board said Indonesia has a particular interest in the Vietnamese market, stemming from its economic integration.

A majority of the Indonesian business delegation to the event are operating in education, mining, construction, and construction materials, garment and textiles, support industry, among others.

According to the Ministry of Industry and Trade, two-way trade between Vietnam and Indonesia reached 5.4 billion USD in 2014.

Over the first nine months this year, the figure posted at nearly 3.5 billion USD, up 6 percent from the same period last year.

The two nations target to raise it to 10 billion USD by 2018.-VNA