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Vietnam, Indonesia eye stronger economic, trade ties

Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo co-chaired a high-level business dialogue in Hanoi on January 13 morning as part of the latter’s state visit to Vietnam.
Vietnam, Indonesia eye stronger economic, trade ties ảnh 1Prime Minister Pham Minh Chinh (L) and Indonesian President Joko Widodo. (Photo: VNA)
Hanoi (VNA) – Prime Minister Pham MinhChinh and Indonesian President Joko Widodo co-chaired a high-level businessdialogue in Hanoi on January 13 morning as part of the latter’s state visit toVietnam.

At their meeting one day earlier, the two leadersshared the view that economic and trade ties remain a bright spot in bilateral relations, with two-way trade reaching 13 billion USD in the first 11months of 2023, and expected to soon hit 15 billion USD, and even 18billion USD by 2028.

At the dialogue, President Widodo suggested the two countriesstep up dialogues and high-quality cooperation to realise their common visionof becoming high-income nations by 2045.

Indonesia has opened a carbon trading exchange and ispromoting the e-vehicle industry, the President said, expressing his hope thatleading Vietnamese businesses will increase their investment in the country,especially in its new capital city, covering such spheres as the e-vehicleindustry, aviation, tourism, real estate, science-technology, banking, finance,education, and manufacturing.
Vietnam, Indonesia eye stronger economic, trade ties ảnh 2At the high-level business dialogue. (Photo: VNA)
For his part, PM Chinh held that President Widodo’s visit and hisopinions delivered at the dialogue will encourage enterprises to step up their cooperationand investment.

Pointing out that economic cooperation has yet tomatch the bilateral political ties as well as the two economies’ stature and the two sides' expectations, the PM called on businesses to continue their connectivity and investment in order to materialise high-level agreements between the two countries andfulfill their set targets.

He appreciated Indonesian investors in Vietnam, with manyprojects running successfully, noting the country is attracting investment inemerging sectors like digital economy, green economy, circular economy, knowledge-basedeconomy and sharing economy, along with the halal industry and agriculture.

The PM also expressed his hope that Indonesianbusinesses will support their Vietnamese counterparts to join supply chains inIndonesia and the world as well.

Vietnam always creates optimal conditions for enterprises,including those from Indonesia, to operate stably, sustainably and successfullyin the country, he affirmed.  

Earlier the same day, the two leaders exchanged views onissues of shared concern during their working breakfast./.
VNA
#Prime Minister Pham Minh Chinh #Indonesian President Joko Widodo #high-level business dialogue #economic and trade ties #Vietnam #Indonesia #VietnamPlus #Vietnam news
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