Accordingly, they will
prioritise collaboration in trade, industry, energy, natural resources,
minerals, investment, agriculture, forestry, fishery, transport, construction,
education, culture, tourism, finance, banking, information and communications.
Minister of Industry and Trade Tran Tuan Anh said the two sides also agreed to
increase the exchange of delegations, information and experience in management
and development, while working together to build new cooperation frameworks in
various realms.
Besides, they will tighten cooperation to remove difficulties hindering the
bilateral ties and encourage connectivity between their private economic
sectors in order to fully tap their potential.
Minister Tuan Anh and Indonesian Trade Minister Enggartiasto Lukita signed the
minutes of the meeting.
According to the Vietnamese Ministry of Industry and Trade’s Asia-Pacific
Department, Indonesia is the world’s 16th largest economy and the largest
market in Southeast Asia.
Despite global and regional economic uncertainties over the past time, trade
between Vietnam and Indonesia has made significant strides, the department
said.
Indonesia is Vietnam’s fourth largest trade partner in the
Association of Southeast Asian Nations (ASEAN), with two-way trade expanding
from US$4.6 billion in 2012 to US$5.6 billion in 2016, and an annual
average growth rate of about 5 percent.
In 2016, export and import revenues between the two countries reached US$2.6 billion and US$3 billion, respectively.
Bilateral collaboration in other fields like agriculture, investment, finance,
banking and transport has also made new progresses.-
Source: VOV
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