Illustrative image (Source: VNA)Hanoi (VNA) – The Embassy of Indonesia in Hanoi and the Vietnam Coffee and CocoaAssociation on February 6 hosted a workshop to boost Indonesia - Vietnamcooperation in the coffee sector.
The event wasattended by representatives from Indonesian diplomatic agencies in Vietnam,ministries, sectors and 25 Indonesian and Vietnamese firms, including Kapal ApiGroup, Sabani International, Me Trang Coffee, Minh Tien Coffee, Thai Hoa Coffeeand Hapro Distribution.
Addressing theopening ceremony, Indonesian Ambassador to Vietnam Ibnu Hadi said the event aimsto enhance ties between Indonesia and Vietnam in the coffee sector,contributing to realising the two-way trade target of 10 billion USD by 2020.
According to theAmbassador, Vietnam and Indonesia recorded an increase of 16.36 percent intrade value to 6.5 billion USD in 2017, of which Vietnam imported 3.63 billionUSD worth of products from the country, up 22.52 percent year on year.
Vietnam andIndonesia are the world’s second and fourth biggest coffee exporters,respectively.
The two ASEANmembers produce 80 percent of the world’s coffee output, Hadi said.
Indonesia has 1.25million hectares of coffee growing area, while Vietnam’s figure is 662,000hectares.-VNA
VNA
