Assembly line at Hyundai Thanh Cong Vietnam auto plant. (Photo: VNA)

Hanoi (VNA) – The Embassy of Indonesia in Vietnam held a forum on promoting Vietnam – Indonesia partnership in the auto industry in Hanoi on June 2, bringing together businesses from both nations.

Opening the event, Indonesian Ambassador to Vietnam Ibnu Hadi stressed the Indonesian auto industry has strengths in producing spare parts for sports, SUV cars, sedans and light trucks, adding that the country also export cars domestically assembled using spare parts all imported.

Indonesia has close partnership with Japanese automobile firms and is striving to be among the region’s biggest auto producers, the diplomat stated.

He said that Vietnam is a newcomer in the field but has strong background and resources and that the forum will boost cooperation between Vietnamese and Indonesian car makers.

Doan Duy Khuong, Vice Chairman of the Vietnam Chamber of Commerce and Industry, noted the large number of Indonesian auto companies at the forum shows their interest in the Vietnamese market and its potential.

Nguyen Van, Vice Chairman of the Hanoi Supporting Industries Business Association, Vietnam’s support industry is young and faces difficulties in accessing land, capital and technologies.

The sector needs preferential policies to overcome these challenges, he added.-VNA