Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hasexpressed his belief that trade between Vietnam and Indonesia will stronglygrow in the time ahead, soon reaching 10 billion USD.
At a reception for Indonesian Foreign Minister Retno Marsudiin Hanoi on April 17, the leader stressed that Vietnam and Indonesia are majortrade partners of each other.
He noted with pleasure the positive growth of the two-waytrade over the past time, at 6.5 percent during 2012-2016 and 16 percent in2017 to hit 6.5 billion USD.
Highlighting rosy signs of the bilateral investment ties, PMPhuc said Vietnam wants to cooperate with Indonesia in various realms.
He told his guest that Vietnam is pushing the improvement of the domesticbusiness environment, urging Indonesian investors to expand their operation inthe country.
For her part, Minister Retno Marsudi briefed her host onoutcomes of the third meeting of the Vietnam-Indonesia Bilateral CooperationCommittee, which took place in Hanoi the same day.
She called on the two countries’ leaders to maintain theexchange of visits in order to step up bilateral cooperation across fields, andthe Governments to create the best possible conditions for businesses of bothsides to cooperate with each other.
Host and guest shared the view that the fruitfulcollaboration between Vietnam and Indonesia will contribute to consolidatingand promoting cooperation and solidarity within the Association of SoutheastAsian Nations (ASEAN) to which both countries are members.-VNA