(VOVworld) - A workshop was held in Hanoi on Friday to promote the economic and trade cooperation potential between Vietnam and Indonesia as one of the top priorities in their strategic partnership.

Indonesian Ambassador to Vietnam Ibnu Hadi at the workshop. (Photo: qdnd.vn)

Chairman of the Vietnam – Indonesia Friendship Association, Nguyen Dang Tien, said that two-way trade had reached 5.4 billion USD last year and was expected to hit 10 billion USD by 2018.

He said the establishment of the ASEAN Economic Community at the end of 2015 enabled businesses in both countries to make the best use of investment opportunities to fulfill the bilateral trade target.

The Indonesian Ambassador to Vietnam, Ibnu Hadi, said the two business communities have many opportunities for investment cooperation when Indonesia is the fourth most populous country in the world with over 250 million and Vietnam ranks 14th globally, with over 90 million.