Party chief attends Vietnam – Indonesia business dialogue
Party General Secretary To Lam expressed his hope that Indonesian businesses will continue to grow and stay among the largest investors in Vietnam. He encouraged them to leverage their strengths and seize opportunities based on equality, mutual respect, and shared benefits, in alignment with the strategic relations between the two countries.
General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam (C) attends the high-level business dialogue themed “A Partnership for Progress and Prosperity" in Jakarta on March 10. (Photo: VNA)
Jakarta (VNA) –ꩲ General Secretary of the Communist Party of Vietnam (CPV) Central Committee To Lam attended a high-level business dialogue themed “A Partnership for Progress and Prosperity" in Jakarta on March 10 morning as part of his state visit to Indonesia and official visit to the ASEAN Secretariat there.
Jointly organised by the Vietnamese Ministry of Finance, the Vietnamese Embassy in Indonesia, the Indonesia-Vietnam Friendship Association, and Ciputra Group, the event saw the participation of senior officials and representatives of businesses and relevant agencies from both nations.
Participants highlighted the significance of the event as it coincides with the 70th anniversary of Vietnam-Indonesia diplomatic ties (1955–2025) and takes place in the context that the two sides look towards the elevation of their relations to a comprehensive strategic partnership.
The event highlighted the economic cooperation achievements, investment opportunities, and the strategic partnership between Vietnam and Indonesia in emerging fields such as artificial intelligence (AI), digital economy, green energy, electric vehicles, and the Just Energy Transition Partnership (JETP).
General Secretary To Lam witnesses the signing of cooperation agreements between Vietnamese and Indonesian enterprises. (Photo: VNA)
Delegates also explored cooperation in food security, the Halal industry, education, and maritime collaboration, reflecting the deepening ties between the two countries. They reaffirmed both nations' commitment to promoting sustainable growth, innovation, and regional cooperation, laying a foundation for a stronger future.
In his remarks, the Party chief emphasised that after nearly four decades of reform, opening, and integration, under the CPV’s comprehensive leadership, Vietnam has transformed itself from an underdeveloped nation into a symbol of stability and growth.
Vietnam has earned the trust of many world leaders as a reliable partner for peace and prosperity, and remained a favoured destination for investors and international tourists, he stated.
Lam affirmed that Vietnam’s achievements are rooted in patriotism, great national solidarity, self-reliance, and strong aspiration for independence, freedom, and happiness of the people.
These successes were made possible under the visionary leadership of the CPV, the decisive efforts of the entire political system, the active participation and support of the people and business community, as well as the assistance of international friends—including important contributions of the Indonesian government and businesses, he said.
There remains huge room for stronger cooperation between the two countries, driven by their intrinsic strengths and the momentum of their strategic partnership, he noted, stressing that this will enhance mutual consensus and facilitate the mobilisation of resources for important collaborative programmes and initiatives that benefit both sides.
Lam expressed his hope that Indonesian businesses will continue to grow and stay among the largest investors in Vietnam. He encouraged them to leverage their strengths and seize opportunities based on equality, mutual respect, and shared benefits, in alignment with the strategic relations between the two countries.
To achieve those goals, he urged the two countries’ ministries, sectors, and agencies to continue specifying major policies and directions of the bilateral relationship, promptly support and address difficulties and obstacles facing investors, while implementing solutions to improve business and investment environment towards transparency and openness.
He called on the Indonesian government to encourage Indonesian businesses to increase their investments in Vietnam while creating conditions and continuing to support Vietnamese investors in expanding their investment and business activities, especially in projects relating to science, technology, and innovation.
Both countries' business organisations and associations are expected to continue to serve as important bridges connecting business communities with the relevant authorities of both sides.
Investors from both countries will explore and expand investment in such sectors as science, technology, innovation, research and development; chip and semiconductor, AI, and Internet of Things (IoT) industries, new energy, like hydrogen, and renewable energy, fintech, financial centres, biotechnology, and healthcare, he said, adding that these are sectors that Vietnam and Indonesia have potential for development and need investment attraction.
The Party chief affirmed that Vietnam is committed to creating favourable conditions for effective investment and business activities, towards sustainable development goals of both sides.
The Party and State of Vietnam have always regarded the foreign investment sector as an important component of the national economy, contributing to the fundamental transformation of the economy, positively impacting the economic institution reform, improving investment and business environment, and enhancing Vietnam's reputation and position in international arena.
Accordingly, Vietnam always pays special attention and creates best possible conditions for the business community, including foreign-invested enterprises in Vietnam.
Under its foreign investment cooperation strategy, Vietnam has oriented towards a phase of selective cooperation, attracting foreign investment with focus on quality, efficiency, technology, and environmental protection as the main evaluation criteria.
The Party, State, and people of Vietnam are committed to always accompanying, listening to, and hoping to continue receiving support and close cooperation from international partners, investors, especially Indonesian ones, Lam said.
On this occasion, Lam and the delegates witnessed the signing and exchange of business cooperation documents between the two countries’ agencies and businesses in areas, including education and training, green transition, green financing, real estate, smart urban areas, industrial zones, logistics, digital transformation, and cybersecurity services, and hi-tech agriculture.
Vietnam and Indonesia have witnessed the fruitful development of the bilateral relations over the last seven decades, with economic cooperation as a core pillar. The two-way trade hit 16 billion USD in 2024, up 16% compared to the previous year, putting the two countries on track to achieve their 18-billion-USD trade target ahead of the projected 2028 deadline./.
Party General Secretary To Lam and his spouse, accompanied by a high-ranking Vietnamese delegation, departed from Hanoi on March 9 for a state visit to Indonesia, an official visit to the ASEAN Secretariat headquartered there, and an official visit to Singapore. The trip, taking place from March 9 to 13, is made at the invitation of Indonesian President and Chairman of the Great Indonesia Movement Party Prabowo Subianto, ASEAN Secretary-General Kao Kim Hourn, and Singaporean Prime Minister and Secretary-General of the People's Action Party (PAP) Lawrence Wong.
The concert was a special event within the framework of Party General Secretary To Lam's state visit to Indonesia and official visit to the ASEAN Secretariat.
Strengthening tourism cooperation helps to not only promote the two countries’ images but also create favourble conditions for tourism businesses to develop, and bolster cultural and people-to-people exchanges, said an official of the Vietnam National Authority of Tourism
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
The launch of Thanh Nien (Young People) newspaper in 1925, even before the founding of the Communist Party of Vietnam, is considered a testament to President Ho Chi Minh’s strategic foresight and strong belief in the guiding power of the revolutionary media.
New Zealand is currently one of Vietnam’s most important partners in the region, marked by a high level of political trust, strong and reliable defence and security cooperation, and increasingly open economic, trade, and investment ties.
Party General Secretary To Lam stressed that the Central Public Security Party Committee must be fully aware of the extremely important role of the People's Public Security force in the country's new revolutionary phase, so as to guide each branch and level of the force as the nation undergoes transformation.
Addressing concerns over university education spending, Son explained that as public universities gain greater autonomy, the Ministry of Finance has scaled back recurrent state funding. “Over the past decade, as autonomy has increased, the State's support has steadily declined”, he noted
Lao Minister of Foreign Affairs Thongsavanh Phomvihane affirmed that the presence of Vietnamese press offices in Laos vividly demonstrates the great friendship, special solidarity, and comprehensive cooperation between the two nations, as the press is not only a means of communication but also an important bridge for spreading consciousness about the history, values, and strategic depth of the Laos – Vietnam relationship to the people of both countries and the international community.
The country is willing to participate in collective efforts to promote cooperation and mobilise resources to advance the current priority issues of developing countries, such as trade, investment, infrastructure connectivity, making the most of scientific and technological advances for development, and people-to-people exchanges, Hang said.
During the negotiations, the US highly evaluated Vietnam’s goodwill and efforts, affirmed its appreciation for the bilateral relationship, acknowledged Vietnam’s proposals and concerns, and considered these an important basis for continuing discussions and moving towards a final agreement.
The Chairman stressed the need for stricter fiscal discipline, faster digital transformation, and more efficient management of State budget revenues and expenditures.
