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.-

Related Topics

Hoa Binh leaders attend 70th anniversary of Vietnam-Mongolia diplomatic ties

Hoa Binh province successfully holds 4th Congress of Ethnic Minority Groups

Kim Boi spreads movement of following President Ho Chi Minh’s examples

Hoa Binh develops Party membership in non-state enterprises

---

Vice Chairman visits Yen Tri commune, presents gifts to locals

A delegation from the National Assembly (NA), led by Lieutenant General Tran Quang Phuong, member of the Party Central Committee and Vice Chairman of the National Assembly, on November 10 visited and presented gifts to poor households and policy beneficiary families in Yen Tri commune, Yen Thuy district of Hoa Binh.

Vice Chairman attends ceremony marking 60th founding anniversary of Yen Thuy district

Vice Chairman of the National Assembly Tran Quang Phuong attended the ceremony to mark the 60th founding anniversary of Yen Thuy district, Hoa Binh province, on November 10.

Hoa Binh ramps up efforts in cultural preservation, promotion

The Standing Board of the provincial Party Committee has issued a conclusion reviewing the three years implementing its resolution on preserving and promoting cultural values in Hoa Binh province for 2021 – 2025 with a vision towards 2030.

Hoa Binh’s socio-economic development discussed

alternate member of the Party Central Committee and Secretary of the Hoa Binh Party Committee Nguyen Phi Long on October 29 chaired the October meeting of the provincial Party Committee’s Standing Board, which focused on important issues related to the locality’s socio-economic development.

Party official visits revolution contributors in Hoa Binh city

Mai Van Chinh, member of the Party Central Committee and Chairman of its Commission for Mass Mobilisation, has visited and presented gifts to revolution contributors in Hoa Binh city. joining him were Nguyen Phi Long, alternate member of the Party Central Committee and Secretary of the Hoa Binh provincial Party Committee; Bui Duc Hinh, Standing Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Council; and Bui Van Khanh, Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee; along with other provincial officials.

Hoa Binh hopes for further support from EU, AFD: leader

Deputy Secretary of the provincial Party Committee and Chairman of the provincial People’s Committee Bui Van Khanh expressed his hope for more support from the European Union (EU) and the French Development Agency (AFD) for the local development, while hosting a delegation from the two organisations led by Vice President of the European Commission Margaritis Shinas on October 23.