The new partnership is expected to unlock further cooperation potential while enhancing both sides’ capabilities to address regional and global security challenges and promote shared prosperity.
President of the Republic of Indonesia and Chairman of the Great Indonesia Movement Party (Gerindra) Prabowo Subianto (L) and Vietnamese Party General Secretary To Lam at the welcome ceremony in Jakarta on March 10. (Photo: VNA)
Hanoi (VNA) – Party General Secretary To Lam’s visit to Indones💯ia has drawn wide attention from regional and international media, highlighting the growing potential of bilateral cooperation.
Indonesia’s en.antaranews.com reported that the upgrade of Vietnam – Indonesia’s relations to a comprehensive strategic partnership marks a major milestone, opening vast opportunities in sectors like the green economy, renewable energy, semiconductor technology, defence, security, and maritime affairs. Both sides also look to boost people-to-people exchanges and tourism.
Singapore’s thediplomaticnetwork.com on March 11 underscored the strengthening of ties through frequent high-level exchanges and close cooperation on regional and international issues in recent years, particularly within ASEAN and on maritime security.
Chinese media outlets such as Sohu, Sina, and Baidu Baijiahao noted Indonesia’s position as ASEAN’s largest economy and the potential for Vietnam to make use of high-level interactions to enhance collaboration in the Mekong-ASEAN Economic Corridor and, especially, seek breakthroughs in digital economy and fisheries management. They also highlighted opportunities from combining Indonesia’s nickel ore resources with Vietnam’s battery production capabilities to promote ASEAN's deeper integration into the new energy vehicle industry chain.
Party General Secretary To Lam (L) shakes hands with President of the Republic of Indonesia and Chairman of the Great Indonesia Movement Party (Gerindra) Prabowo Subianto at their joint press conference in Jakarta on March 10. (Photo: VNA)
Some regional and international newswires praised the timing of the partnership upgrade as the two countries share many similarities as well as challenges like the potential US tariff pressure. The relationship elevation is viewed as a strategic move to mitigate economic and geopolitical impacts of the US tariff policy.
The US-based benarnews.org reported the elevation of bilateral ties aims to build on the achievements obtained since their strategic partnership was established in 2013.
Meanwhile, Eurasia Review noted Vietnam’s ambitious industrialisation, modernisation, and digital transformation plans are expected to boost sustainable economic growth. The new partnership is expected to unlock further cooperation potential in such important fields as infrastructure, technology, and renewable energy while enhancing both sides’ capabilities to address regional and global security challenges and promote shared prosperity./.
On March 10, Ngo Phuong Ly, spouse of Party General Secretary To Lam met with Rany Khem, spouse of ASEAN Secretary-General Kao Kim Hourn, where she introduced key initiatives of the ASEAN Women’s Community in Hanoi (AWCH).
Party General Secretary To Lam underlined that Vietnam always attaches great importance to and gives top priority to relations with Indonesia, a leading important country in the region.
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The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.