Soon, the trade turnover between Vietnam and Indonesia will reach 15 billion USD

Hanoi [Vietnam], December 23: On December 22, State President Nguyen Xuan Phuc and Indonesian President Joko Widodo had very successful talks, in which the two sides agreed on many important cooperation contents, elevating the strategic partnership between the two countries.
Within the framework of President Nguyen Xuan Phuc's visit to Indonesia, right after the state welcome ceremony, President Nguyen Xuan Phuc and Indonesian President Joko Widodo held talks and then met with the press.
New impetus for deep, substantive cooperation
At the talks, President Joko Widodo warmly welcomed and appreciated the significance of President Nguyen Xuan Phuc's visit to Indonesia right before the 10th anniversary of the establishment of the Vietnam Strategic Partnership. - Indonesia (2013-2023), helping to create a new impetus for the two countries' cooperation to develop deeper and deeper. The President of Indonesia congratulated Vietnam on achieving important achievements in controlling the Covid-19 pandemic , maintaining high economic growth, and ensuring social security; affirming that Vietnam is a partner of strategic importance to Indonesia in the region.
President Nguyen Xuan Phuc thanked Indonesia for welcoming the delegation with respect and friendship and respectfully conveyed to President Joko Widodo the cordial greetings of senior Vietnamese leaders. The President congratulated Indonesia on its strong recovery and development after the Covid-19 pandemic, successfully fulfilling the role of Chairman of the World Group of Leading Developed and Emerging Economies (G20) 2022. increasing position in the international arena; Emphasizing that Vietnam always attaches importance to the strategic partnership with Indonesia and expressed the wish that the two countries strive to realize the goal of becoming a developed country by 2045, the year marking the 100th anniversary of the country's founding in Indonesia. every countries. The President also cordially invited the President of Indonesia to visit Vietnam at an appropriate time.
President Nguyen Xuan Phuc and President Joko Widodo both affirmed that the Vietnam-Indonesia Strategic Partnership has overcome many challenges and has grown in trust, and economic cooperation has grown stronger. The two sides agreed to strengthen exchanges of high-level and all-level visits, effectively implement cooperation mechanisms, the Joint Committee on bilateral cooperation; effectively implement signed cooperation agreements; develop an action plan to implement the Strategic Partnership for the period 2024 - 2028 in a complete and specific way. Trade cooperation between the two countries has steadily increased in a more balanced and sustainable direction; create favorable conditions for businesses of the two countries to diversify investment and development fields digital economy, digital transformation, green economy, renewable energy, tourism, services and enhanced flights. Strengthen cooperation in defense, security and maritime cooperation; strengthen people-to-people connections between localities and businesses.
Promote bilateral trade
President Nguyen Xuan Phuc said that with bilateral trade turnover reaching 11.5 billion USD in 2021, reaching the finish line 2 years early and this year could reach 13 billion USD, the two sides agreed to bring trade turnover soon. bilateral cooperation reached 15 billion USD and higher before 2028. Next year, the two countries will celebrate 10 years of strategic partnership, opening a new page in cooperation between the two countries. To increase the bilateral trade turnover to 15 billion USD, President Joko Widodo asked Vietnam to create favorable conditions for Indonesian goods to be exported to Vietnam, especially agricultural products. The Indonesian President also agreed with President Nguyen Xuan Phuc to promote investment cooperation between the two countries.
Mentioning that Indonesia has invested in 101 projects in Vietnam worth 611.7 million USD, President Joko Widodo highly appreciated Vietnam's trust and confidence in Indonesian businesses in Vietnam in many fields.
Source: Thanh Nien Newspaper