Vietnam and Indonesia can cooperate to become regional economic locomotives, says top official

HANOI/JAKARTA, Dec 19 (Vietnam News/ANN): The upcoming state visit to Indonesia by Vietnamese President Nguyen Xuan Phuc is very crucial for the two countries to continue their discussion on how the two countries can substantially create synergy and cooperate with one another to become economic generators in the region, according to President of the Indonesia-Vietnam Friendship Association (IVFA)'s President Budiarsa Sastrawinata.

Sastrawinata, who is also Director of Ciputra Group, told the Vietnam News Agency (VNA) ahead of President Phuc’s visit from December 21-23, that many of Indonesian firms have come to Vietnam to explore investment opportunities, noting that Indonesia has remained one of the largest Asean countries investing in Vietnam, mostly in oil and gas exploration and exploitation, coal mining, banking, hotel industry, wood processing and exporting, and garment.