Vietnam, Indonesia seek to increase bilateral trade to 18 billion USD

(VOVWORLD) -Vietnam and Indonesia have agreed to soon raise the two-way trade to 18 billion USD and to encourage businesses to invest in respective markets, especially in new areas like Halal industry, digital economy, green economy, green transition, and electric vehicle ecosystem development.

Vietnam, Indonesia seek to increase bilateral trade to 18 billion USD - ảnh 1Indonesian President Prabowo Subianto meeting with Vietnamese Vice President Vo Thi Anh Xuan. (Photo: VNA)

The agreement was reached during a meeting between Indonesian President Prabowo Subianto and Vietnamese Vice President Vo Thi Anh Xuan, who is in Indonesia to attend the inauguration ceremony of the host President.

Prabowo said that Vietnam is an important partner of his country in the region and ample room remains for the two countries to boost their cooperation, and that the potential should be optimised to advance the collaboration, both bilaterally and multilaterally.

The two sides agreed to step up exchanges and meetings at all levels and through all the channels of Party, State, and exchanges between citizens and localities.

Xuan called on Indonesia to continue facilitating the access of Vietnamese agricultural products and Halal-certified goods to its market, as well as Vietnamese investment in the country.

The two sides also agreed to strengthen cooperation in other key areas, including defence and security, transnational-crime combat, and maritime collaboration.

They concurred to maintain close coordination and mutual support at regional and international forums and organizations, emphasizing the importance of upholding ASEAN unity and centrality in addressing regional matters, particularly the East Sea issue.

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