Vietnam and Indonesia eye stronger ties, economic cooperation

In this photo released by VinFast, Indonesian President Joko Widodo (centre right) speaks with Vingroup Chairman and VinFast Global CEO Pham Nhat Vuong, center left, after visiting VinFast EV manufacturing complex in Hai Phong, Vietnam on Saturday, Jan. 13, 2024. - VinFast via AP

HANOI: Prime Minister Pham Minh Chinh and Indonesian President Joko Widodo co-chaired a high-level business dialogue in Hanoi last Saturday as part of the latter’s state visit to Vietnam.

At a meeting a day earlier, the two leaders shared the view that economic and trade ties remain a bright spot in bilateral relations, with two-way trade reaching US$13bil in the first 11 months of 2023 and expected to hit US$15bil soon and even US$18bil by 2028.