Vietnamese and Indonesian enterprises specialising in various fields like food, beverages and renewable energy gathered at a business matchmaking seminar in Jakarta on June 21.
Vietnamese Ambassador to Indonesia Ta Van Thong speaks at the event. (Photo: VNA)
Jakarta (VNA) – Vietnamese and Indonesianenterprises specialising in various fields like food, beverages and renewableenergy gathered at a business matchmaking seminar in Jakarta on June 21.
The event was jointly held by the Vietnamese Ministryof Industry and Trade (MoIT), the Vietnamese Embassy in Indonesia, and the JakartaChamber of Commerce and Industry (Kadin Jakarta).
In his opening remarks, Vietnamese Ambassador toIndonesia Ta Van Thong affirmed that the two countries boast great potentialfor cooperation in business and investment.
Last year, two-way trade reached 14.17 billion USD, hesaid, adding that Indonesia’s investment in Vietnam was valued at about 620million USD, and that from Vietnam stood at 50 million USD.
However, the diplomat pointed out that the figures remaina far cry from the potential as well as other optimal conditions brought aboutby bilateral legal documents which have been almost done, close geographicaldistance, the ASEAN Trade in Goods Agreement (ATIGA) and free trade agreementsbetween ASEAN and partners, along with direct flights between the twocountries.
Thong expressed his hope that more partnerships willbe set up by the two countries’ enterprises, and more Indonesian firms willinvest in Vietnam.
Tran Quang Huy, Director of the MoIT’s Asia-AfricaMarket Department, noted that Indonesia is now Vietnam’s third biggest tradepartner in ASEAN, and Vietnam is Indonesia’s fourth largest in the region.
Vietnam exports rice, coffee, rubber, aquaticproducts, garments-textiles, phones and spare parts, steel, constructionmaterials and plastic products to Indonesia, while importing coal, auto spareparts, palm oi and animal feed from the country.
Kadin Jakarta Chairwoman Diana Dewi said the seminaroffers an opportunity for Indonesian and Vietnamese businesses to promotecooperation and expand operations in the respective markets.
On the sidelines of the seminar, there were meetingsand working sessions between producers, exporters and importers in different areas./.
Vietnamese Prime Minister Pham Minh Chinh met with Indonesian President Joko Widodo shortly after arriving in Labuan Bajo of the archipelago nation on May 9 afternoon to attend the 42nd ASEAN Summit.
Minister of Information and Communications Nguyen Manh Hung and his Indonesian counterpart Johnny G. Plate on May 10 agreed to promote cooperation between agencies and businesses of Vietnam and Indonesia in information and communications.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Vietnamese Ambassador to Indonesia Ta Van Thong speaks at the event. (Photo: VNA) 
