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Vietnam, Indonesia aspire to raise trade to US$10b using incentives

Prime Minister Nguyen Tan Dung has suggested that Vietnam and Indonesia create further incentives so that two-way trade can reach US$10 billion a year

The Jakarta Post
Hanoi, Vietnam
Wed, March 5, 2014 Published on Mar. 5, 2014 Published on 2014-03-05T15:42:42+07:00

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rime Minister Nguyen Tan Dung has suggested that Vietnam and Indonesia create further incentives so that two-way trade can reach US$10 billion a year.

Talking to the Indonesian Assembly Speaker, Sidarto Danusubroto, in Hanoi yesterday, Dung said cooperation in trade, investment and tourism should be boosted.

He added that he was delighted at the development of the strategic partnership and hoped more could be done to fulfill signed agreements for mutual growth.

Vietnam and Indonesia should also promote cooperation in science and technology, culture, education, security and defence while also increasing exchanges between people, he said.

Dung suggested the two countries continue close co-ordination at regional and international forums, especially the United Nations, while working together to make more contributions to the development of Asean.

On the East Sea issue, he said he highly valued Indonesia's six-point initiative on the matter.

He said he hoped all parties would implement the Declaration on the Conduct of Parties in the East Sea (DOC) in a strict manner, leading to the introduction of a Code of Conduct in the East Sea (COC) for peace, stability, co-operation and development in the region.

Danusubroto added that all issues must be settled through peaceful methods and dialogue to foster stability.

He said Vietnam and Indonesia had shared a long-standing traditional friendship which had been nurtured by their leaders.

On Sunday, the Indonesian official held talks with Chairman of the National Assembly, Nguyen Sinh Hung.

Boosting Sudan ties

Prime Minister Nguyen Tan Dung has told Sudanese Ambassador Sayed Altayeb Ahmad that Vietnam was keen to boost ties.

Meeting the newly-accredited envoy on Monday in Hanoi, Dung suggested that Vietnam and Sudan step up their partnership in economics, trade, investment and rice production.

Dung said he hoped the two sides would continue close coordination in the United Nations arena.

He said the Vietnamese Government, ministries and sectors would offer all possible support for him during his tenure.

In reply, Ambassador Ahmad praised the socio-economic development achieved by Vietnam.

He noted that on April 4, the Vietnam-Sudan Joint Committee would meet to speed up cooperation.

The envoy said Vietnamese enterprises were welcome in Sudan, adding that he would do his utmost to beef up cooperation.

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