Indonesia Collaborates on Electric Car-Semiconductor Technology R&D to Vietnam

The Indonesian Embassy in Hanoi together with the Vietnamese Ministry of Foreign Affairs and the Khanh Hoa Provincial Government held a Meet Indonesia event. This is a meeting place for governments and business people between Indonesia and Vietnam to explore various opportunities for cooperation. Apart from sharing information on strategic sector development, the event also brought together business partnerships in agriculture, fisheries, tourism, digital economy, energy transition and cutting-edge industrial sectors.
Indonesia and Vietnam plan to strengthen strategic sector economic partnerships through mastering the latest technology. This was the main discussion in the bilateral meeting between Deputy Minister of Foreign Affairs of Vietnam Nguyen Minh Hang and Deputy Coordinating Minister for Economic Affairs Edi Prio Pambudi in the middle of the event held in Nha Trang, Coastal City of Khanh Noa Province.
Nguyen Min Hang said that the opportunity for strategic sector economic partnerships came at the right moment ahead of the celebration of 70 years of diplomatic relations between Indonesia and Vietnam which has a strong foundation of friendship.
“I want a dialogue at the Deputy Minister level to discuss various important economic partnership issues,” said Nguyen in an official statement from the Coordinating Ministry for the Economy, Sunday (24/3/2024).
As a fellow country that is developing rapidly and a member of ASEAN, Nguyen Min Hang assesses that there are many similarities in Vietnam’s efforts with Indonesia which need to be collaborated to take advantage of opportunities from the current world dynamics, including mastery of technology in various sectors. Nguyen also congratulated Indonesia on Indonesia’s success in holding elections and the start of discussions on Indonesia’s accession to the OECD. As a member of the G20 and ASEAN, Nguyen believes that Indonesia is a strategic partner for Vietnam.
Meanwhile, Edi Prio also welcomed Vietnam’s proposal to strengthen strategic sector economic partnerships. He said that Indonesia was interested in investment progress in Vietnam’s rapidly developing advanced industrial sectors, such as electric cars, semiconductors, telecommunications and digital technology, in addition to agricultural and fisheries technology.
For this reason, it is important for Indonesia to partner through research and development (R&D), exchange of job opportunities and training for digital and engineering talents and make it easier for each other to open the door to investment.
“For a long time, we have wanted to form a strategic economic partnership forum with Vietnam,” said Edi.
Edi has submitted the concept of a partnership agreement through diplomatic channels and hopes it can be agreed soon. This agreement will later become an umbrella to accommodate strategic economic cooperation with concrete output, especially benefits for engineers and digital talents to jointly master advanced technology.
Indonesia and Vietnam have partnered in several forums other than ASEAN, such as IPEF and RCEP, which need to strengthen economic integration in ASEAN. Edi also asked for Vietnam’s help as a member of the Great Mekong Sub-region (GMS), which is a forum for ASEAN sub-regional cooperation in the continental ASEAN region, to communicate with other GMS partners.

March 24, 2024, detikFinance