President Joko Widodo has just received a visit from Vietnamese President Nguyen Xuan Phuc. The meeting discussed various efforts to increase strategic partnership cooperation both bilaterally and regionally. Jokowi said that during the meeting the two countries agreed to set a new trade target of US$ 15 billion or around IDR 232.5 trillion (assuming an exchange rate of IDR 15,500). Jokowi explained that the trade target between Indonesia and Vietnam in 2023 was US$ 10 billion. This target was achieved in 2021 with a trade value of US$ 11.06 billion.
“For this reason, we agreed to set a new bilateral trade target of US$ 15 billion in 2028,” Jokowi said as quoted from the Presidential Secretariat Youtube, Thursday (22/12/2022).
On this occasion, Jokowi also asked the Vietnamese government to pay attention to the obstacles to agricultural and fruit products entering the Vietnamese market. “Indonesia requests attention to the delays in Indonesian agricultural and fruit products entering the Vietnamese market,” he said.
Furthermore, Jokowi said, the need for protection of Indonesian investment in Vietnam. He appreciated the Vietnamese government’s trust in Indonesian companies investing in Vietnam. Jokowi said Indonesia’s total investment in Vietnam was more than US$ 600 million in 101 projects.
“I hope the resolution of several issues experienced by Indonesian investors will encourage new investments in the future,” he said.
December 22, 2022, detikFinance
(https://finance.detik.com/berita-ekonomi-bisnis/d-6475089/ri-vietnam-sepakat-tetapkan-target-baru-perdagangan-rp-232-t)